United States
Bitcoin briefly drops below $20,000 again as pressure continues to mount on crypto market
Bitcoin and other cryptocurrencies fell sharply as investors dump risk assets. A crypto lending company called Celsius is pausing withdrawals for its customers, sparking fears of contagion into the broader market. Nurphoto | Nurphoto | Getty Images Bitcoin fell below $20,000 on Wednesday as a number of factors from macroeconomic worries to issues with cryptocurrency […]
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Nissan recalls more than 300,000 SUVs in U.S. for sudden hood opening
A Nissan badge is attached to the grill of a 2013 Nissan Pathfinder on December 3, 2012 in Niles, Illinois. Nissan Motor Co is recalling more than 300,000 SUVs in the United States over an issue in which the hood suddenly opens, obstructing the driver’s view and increasing the risk of a crash. Scott Olson […]
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Is the bear market coming to an end? Here’s one indicator pros say to watch closely
After the worst first-half for U.S. stocks in decades, a major rebound last week prompted some optimism that the worst of the sell-off may be behind us — but not everyone’s convinced . It’s perhaps unsurprising that market watchers are reluctant to call the bottom on the brutal selloff, but there’s one indicator that many […]
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DroneSeed uses swarms of drones to reseed forests after devastating wildfires
Fire seasons are now longer and the destruction more intense, as fires burn hotter and spread to more drought-stricken ground. Since the start of this year, 32,247 wildfires have burned over 3.3 million acres in the United States, according to the National Interagency Fire Center. An early start to the season, and an especially […]
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Can war be net-zero? NATO pledges massive revamp of energy-guzzling equipment
A naval exercise led by U.S. Naval Forces Europe-Africa, and executed by the NATO Naval Striking and Support Forces, in the Baltic Sea on June 6, 2022. Russia’s onslaught in Ukraine is almost certain to eclipse other security concerns at NATO’s Madrid summit this week. Jonathan Nackstrand | Afp | Getty Images The super-polluting military […]
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At least 46 migrants found dead in San Antonio, Texas Gov. Abbott says
More than 40 migrants were found dead Monday in the trailer of a big-rig truck in San Antonio, authorities said. San Antonio Fire Chief Charles Hood said that at least 46 people were dead and that 16, including four children, had been hospitalized. The victims included both males and females and females, many young adults, […]
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Fund manager says this stock is so cheap it makes ‘no sense’
Trying to buy the dip in a beaten down market might feel similar to stepping into a clearance sale at your favorite store — everything’s on sale and screams “buy.” But with no guarantee that the recent uptick in markets is anything more than temporary, investors are stressing the importance of being selective if adding […]
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Asia-Pacific stocks rise slightly as investors weigh economic concerns
SINGAPORE — Shares in the Asia-Pacific region were slightly higher on Tuesday as investors weigh economic concerns. Japan’s Nikkei 225 was up 0.11%, while the Topix rose 0.26%. In South Korea, the Kospi climbed 0.51% and the Kosdaq inched up 0.29%. Australia’s S&P/ASX 200 was 0.22% higher. There is a clear lack of conviction by […]
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The housing market slowdown is showing up in shipping data from China
Spending cutbacks by the consumer already led to a decrease in Chinese manufacturing orders by U.S. importers of 20-30%, as recently reported by CNBC, and more recent data from U.S. shippers shows the housing market slowdown is now showing up in the Asian supply chain data too. “We are seeing the impact and slowdown across […]
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Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition
(Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world’s largest private fund dedicated to the net zero transition, signaling that investors are still committed to establishing cleaner portfolios. However, some blame the trend toward ESG-investing for […]
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