Category: Politics

Pre-Markets Dip Amid Q3 Earnings Reports from Boeing, Coca-Cola, and Others

Pre-Markets Trade Down on Q3 Earnings from Boeing, Coke and More Wednesday, October 23rd, 2024 Pre-market futures are on a downward tack ahead of today’s open, following a mostly flat session on Tuesday. At this hour, the Dow is -237 points, -0.55%, the S&P 500 is -0.32% and the Nasdaq is down -87 points, -0.42%. […]

Chipotle to Utilize AI in Recruitment for Competitive Advantage

Chipotle plans on AI recruiting for competitive edge Ava Cado is coming to Chipotle, and no, I’m not talking about guacamole.  On Tuesday, the fast-casual restaurant chain announced a new recruiting tool (named “Ava Cado”) to help beef up hiring. The “virtual team member,” built by recruitment software company Paradox, will chat with candidates in […]

7 Critical Developments Reshaping Rare Earth Mining in 2024

As Western Nations Race to Secure Supply Chains, New Players Emerge in the Critical Minerals Arena In 1949, prospectors discovered monazite deposits in Mountain Pass, California, launching America’s rare earth dominance for decades to come. Today, we’re witnessing a similar pivotal moment as Western nations scramble to establish rare earth supply chains independent from traditional […]

IEA Deputy Chief Emphasizes Continued Importance of Investing in Oil and Gas at Calgary Event

Investing in oil and gas still important, IEA deputy head tells Calgary crowd CALGARY — Investments in oil and gas production are important and must continue in tandem with increased investment in renewable and clean technologies, the deputy head of the International Energy Agency said Tuesday. Mary Burce Warlick made the comments in Calgary, the […]

What Will Be the Bank of Canada’s Interest Rate Cuts?

When the Bank of Canada announces its latest decision on interest rates Wednesday, the question for investors is how much rates will come down, not if.  “We’ll see a continuation of the normalization of monetary policy, [since] rates are too high and the Bank of Canada knows it,” says Jules Boudreau, senior economist at Mackenzie Investments  […]

Metal-Air Battery Market Projected to Grow from $576.5 Million in 2023

Metal-Air Battery Industry to Expand from $576.5 Mn in 2023 The global metal-air battery market is currently valued at approximately $576.5 million and is anticipated to flourish at a remarkable compound annual growth rate (CAGR) of 12.4% from 2024 to 2034, ultimately reaching around $2.1 billion by the end of the projection period. This growth […]

3 EV Stocks to Offload in July Before They Plummet

In March, a CNBC article suggested that the electric vehicle (EV) euphoria is dead. The piece reported facts that indicated that many automotive majors are scaling back their EV plans. I completely agree with the point that the euphoria is dead. However, it’s equally important to understand that the industry is not dead. EV adoption […]

Leveraging Financial Resources at Scale to Achieve Climate and Development Objectives

Unlocking Finance at Scale to Meet Climate and Development Goals The World Bank and International Monetary Fund (IMF) Annual Meetings (21st -25th October) will bring together Finance and Development Ministers and officials from around the world at a critical juncture for the global financial system.   To tackle climate change and other crises, the global financial […]

Boliden Exceeds Market Expectations with Q3 Earnings

Swedish mining group Boliden reported a bigger than expected rise in its core earnings on Tuesday, saying production during the quarter had been good and metals prices were picking up. Boliden’s third quarter operating profit, excluding the revaluation of process inventory, totalled 3.0 billion Swedish crowns ($274 mln), up 58% from 1.9 billion crowns a year earlier.  That was […]

Insights into the economy from Q3 investment banking trends

What Q3 investment banking trends reveal about the economy Good morning. CFOs are tasked with practicing precision in balancing short-term and long-term goals in a macro environment. But now with rate cuts, they could be finding more flexibility to look beyond the short term. Bank of America (BofA) CFO Alastair Borthwick made that observation during […]