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U.S. Treasury sees economy still expanding in 2022 despite Q1 GDP drop

WASHINGTON (Reuters) – The U.S. economy is expected to continue its expansion this year despite a surprise contraction in the first quarter, the U.S. Treasury’s chief economist said on Monday,...

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Recap: Banco Santander Chile Q1 Earnings

 Banco Santander Chile BSAC reported its Q1 earnings results on Friday, April 29, 2022 at 06:00 AM.Here's what investors need to know about the announcement.EarningsBanco Santander Chile beat estimated earnings...

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This Wallet Just Transferred $597M Worth Of BTC

What happened: $597,264,347 worth of Bitcoin BTC/USD was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's bitcoin wallet address has been identified as: 3HeociAjTk3n6X1nBFBwbRfHNmcbdTCGee$597...

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Citigroup CEO: covering employee travel costs for abortions not statement on ‘sensitive issue’

NEW YORK (Reuters) – Citigroup Chief Executive Jane Fraser said Tuesday that the bank’s policy of reimbursing employee travel to get reproductive healthcare services, including abortions, is not intended to...

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Indonesia bans palm oil exports as global food inflation spikes

The halting of shipments of the cooking oil and its raw material, widely used in products ranging from cakes to cosmetics, could raise costs for packaged food producers globally and...

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Earnings Scheduled For April 19, 2022

 Companies Reporting Before The Bell• Silvergate Capital SI is likely to report quarterly earnings at $0.44 per share on revenue of $55.27 million.• Commerce Bancshares CBSH is likely to report...

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Mexican union calls for U.S. probe into alleged labor abuses at Panasonic plant

“It’s important to keep the U.S. government informed that worker rights are being violated,” said Rosario Moreno, head of SNITIS, an independent union that grew out of worker dissatisfaction with...

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Japan Leading Index Falls More Than Initially Estimated

Japan's leading index fell more than initially estimated in January, final data from the Cabinet Office showed on Wednesday. The leading index, which measures the future economic activity, fell...

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$1000 Invested In eBay 10 Years Ago Would Be Worth This Much

eBay (NASDAQ:EBAY) has outperformed the market over the past 10 years by 1.27% on an annualized basis. Buying $1,000 In EBAY: 10 years ago, an investor could have purchased...

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*U.S. Crude Oil Inventories Jump By 4.3 Million Barrels In Week Ended 3/11

U.S. Crude Oil Inventories Jump By 4.3 Million Barrels In Week Ended 3/11...

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Renewed Focus Clears Distractions for Chindata After Founder's Abrupt Exit

Key takeaways: •      Chindata reported its revenue grew 41% in the fourth quarter, as its full-year revenue and EBITDA for 2021 exceeded previous guidance •      Results announcement follows company’s...

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StarkWare Reportedly Raising $100 Million at $6 Billion Valuation

Key Insights: StarkWare is reportedly raising another $100 million. The fresh funding will triple the company’s valuation to $6 billion. Just three months ago StarkWare raised $50 million in...

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US major indices snap 4-day losing streak with solid gains

The US major indices snapped a 4-day losing streak that saw high to low declines for the major indices over those days showing: Nasdaq -8.44% S&P,...

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U.S. weighs sanctions on Russia energy flows, but time is not ‘right now’

After Russia’s invasion of Ukraine, the White House slapped sanctions on exports of technologies to Russia’s refineries and the Nord Stream 2 gas pipeline, which has never launched. So far,...

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S.Korea candidates kick off presidential race dominated by scandal, third-party challenge

Polls say voters are looking for a president who can clean up polarised politics and corruption, and tackle the runaway housing prices and deepening inequality that have dogged Asia’s fourth-largest...

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OPEC’s No.2 Fails To Reach Oil Output Quota

OPEC’s second-largest producer, Iraq, is one of the OPEC+ members struggling to boost its oil production as much as its quota in the pact allows, with January output 120,000 barrels...

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Thai pig farmers angered by havoc from suspected African swine fever

This month, officials identified the first case of ASF in Jintana’s province of Nakhon Pathom, after years of saying it was not in Thailand, unleashing a political firestorm as pork...

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HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Desktop Metal, Inc. (DM) Investors with Losses to Contact Firm's Attorneys, Deadline Approaching in Securities Class Action

SAN FRANCISCO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Hagens Berman urges Desktop Metal, Inc. (NYSE:DM) investors with significant losses to submit your losses now.   Class Period: Mar. 15, 2021...

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Security forces fire tear gas as thousands of protesters march again in Sudan

KHARTOUM (Reuters) – Thousands of protesters against military rule in Sudan marched towards the presidential palace in the capital Khartoum again on Monday, drawing volleys of tear gas from security...

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Kazakhstan reminds world leaders of costly fuel subsidy dilemma

Most countries have measures in place to shield consumers and companies from the full impact of energy costs and to boost domestic fossil fuel industries. Many have a mix of...

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