There’s good news about the Colonial Pipeline: it’s back online. The even better news is that Colorado wasn’t affected by the shutdown of the oil pipeline and shouldn’t be as it takes a few days for operations to return to
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Wall St drops at open as strong inflation stokes rate hike fears
FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid(Reuters) – Wall Street’s main indexes opened lower on Wednesday after stronger-than-expected inflation data fueled fears of
Europe upgrades its economic outlook as British economy rebounds.
By Eshe Nelson The economic outlook has brightened considerably across Europe after lockdowns restricted growth at the start of the year. Now, economists can foresee the complete recovery by the end of next year from the early effects of the
Afterpay Teams Up with IMG as Multi-Year Presenting Partner of NYFW: The Shows
Afterpay has become the presenting partner of New York Fashion Week: The Shows with a multi-year deal that will begin September 2021. The buy now, pay later (BNPL) solution platform is already the sponsor of Australian Fashion Week, replacing replaced
Asia shares wallow near one-month lows on inflation anxiety
SYDNEY (Reuters) – Asian shares languished near one-month lows on Wednesday as investors speculated surging commodity prices and growing inflationary pressure in the United States could lead to earlier rate hikes and higher bond yields globally.FILE PHOTO: TV camera men
Wall Street closes lower as inflation jitters spark broad sell-off
NEW YORK (Reuters) – U.S. stocks closed lower on Tuesday as rising commodity prices and labor shortages fed fears that despite reassurances from the U.S. Federal Reserve, near-term price spikes could translate into longer-term inflation.FILE PHOTO: People are seen on
How a major oil pipeline fell victim to a cyber attack
It took just two hours for cyber criminals to steal almost 100 gigabytes of data from one of the biggest energy pipelines in the US. On Friday, a shadowy criminal gang, known as Darkside, was able to use that data
Dow hits all-time highs as materials, energy stocks rise
The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid(Reuters) – The Dow Jones Industrials hit a record high on Monday on optimism that interest rates would remain
A2 shares slump after big earnings downgrade, resignation
Shares in a2 Milk tumbled after the alternative dairy company slashed its revenue and earnings forecasts for the 2021 financial year. It was the company’s fourth consecutive earnings downgrade. In the first few minutes of trade, a2 Milk shares were
Why the young in US are quitting their jobs
(NYTIMES) – Something strange is happening to the exhausted, millennial workers of America. After a year spent hunched over their MacBooks, enduring back-to-back Zooms in between sourdough loaves and Peloton rides, they are flipping the carefully arranged chessboards of their