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Tag: Finance

Streible: The rise in silver is related to the oil decline and the China data

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Streible: The rise in silver is related to the oil decline and the China data

When Schwab Network lead moderator Oliver Renick asked Blue Lines Futures chief market strategist Phil Streible what he thought of silver's performance on Friday, the longtime commodities expert didn't hesitate to show some enthusiasm. He reached out of his camera's view and emerged with a red one “Make Silver Great Again” Hat and a […]

Nvidia stock closes at a high as Wall Street eyes AI demand

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Nvidia stock closes at a high as Wall Street eyes AI demand

Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024 in Washington, DCphoto: Chip Somodevilla (Getty Images) In this story Nvidia (NVDA+4.08%) closed at a record high on Monday as Wall Street awaits Big Tech's November earnings report. Novo Nordisk's pill form of the drug Ozempic may reduce the risk of heart […]

Israel targets Hezbollah's finances as attacks take place on Beirut suburbs

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Israel targets Hezbollah's finances as attacks take place on Beirut suburbs

Israel has expanded its military campaign against Hezbollah, announcing plans to target the Lebanon-based militant group's financial arm and attack “a large number of targets” in Beirut and beyond. Shortly after the announcement, explosions were reported in Beirut's southern suburbs, signaling a significant escalation in hostilities. Evacuation warnings have been issued for southern Beirut, the […]

United Airlines posts better third-quarter results as cuts outpace capacity crisis

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United Airlines posts better third-quarter results as cuts outpace capacity crisis

A United Airlines planephoto: Kevin Carter (Getty Images) In this story United Airlines (UAL+1.10%) presented its third quarter results Earlier this week, it beat expectations in both revenue ($14.8 billion) and profit ($1.3 billion). Despite having its busiest September ever, the airline attributed its blockbuster quarter to sales efforts fewer Seats. Trump Media Might Just […]

The US port strike is bad news for everyone from farmers to GMs

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The US port strike is bad news for everyone from farmers to GMs

After months of negotiations ended without agreement, About 45,000 port workers went on strike on Tuesday morningThey promised to fight “as long as necessary” to get what they demanded. AT&T is selling its stake in DirecTV This is likely to have far-reaching consequences for the entire US economy; Nearly every industry relies on major ports […]

The US dockers' strike is just hours away as the longshoremen's union blasts employers

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The US dockers' strike is just hours away as the longshoremen's union blasts employers

In this story The International Longshoremen's Association (ILA) on Monday accused the alliance, which represents employers at more than a dozen major ports, of blocking negotiations, paving the way for a devastating strike that would begin in about 12 hours. The 15 best cities for startups The ILA represents more than 85,000 workers and has […]

Superdry CEO attacks Shein for tax evasion and unfair competition

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Superdry CEO attacks Shein for tax evasion and unfair competition

Julian Dunkerton argues that this tax exemption means Shein does not have to pay import duties and VAT, which puts British retailers like Superdry at a disadvantage. Image credit: GettyImages – Max Mumby/Indigo In conversation with the BBCDunkerton claims that Shein is able to “avoid taxes” by sending low-value packages directly to customers in the […]