The European Union is Preparing For the Worse if Russia Cuts Off The Gas Supply


European stocks plunging 20%. Junk credit spreads widening past 2020 crisis levels. The euro sinking to just 90 cents. The predictions are ominous for financial markets if Russia cuts off all the gas supply to Europe. Shipments are currently running at reduced levels with the main pipeline shut for a 10-day maintenance, and fears are […]

As Online Inflation Slowed Down in The U.S. This June Food Prices Remain High

Online US Inflation Slowed in June But Food Prices Hit New High

The inflation rate for goods purchased online in the US slowed sharply last month, according to the Adobe Digital Price Index, though there was no letup in food prices which rose at the fastest pace on record. Overall online prices rose just 0.3% in June from a year earlier, Adobe said on Tuesday. That’s down […]

Tech Earnings Are Coming. 6 Reasons to Brace for Even More Pain.

Tech Earnings Are Coming 6 Reasons to Brace for Even More Pain

We’re now just days away from what could be one of the most important tech earnings periods in years. Brace for trouble. The crosscurrents are fierce. Interest rates are high, and headed higher. Inflation hit a multidecade peak. Consumer spending has slowed. And fears of a recession are growing. Meanwhile, we’re still working our way […]

Bank of England Raises Rates for Fifth Time to Tame Inflation


U.K. central bank sticks to its cautious pace with a quarter-point rise in its key rate, but signals it might act more forcefully LONDON—The Bank of England on Thursday raised its key interest rate by a quarter percentage point for the fifth consecutive time, but said larger moves might be needed to tame inflation. The […]

Has Jack Mae Been Arrested by Chinese Police?

Has Jack Mae been arrested?

The Chinese state media report on ‘Ma’ detention sparks Alibaba sell-off First American News LLC, Hong Kong: Alibaba shares sold off on Tuesday following a Chinese state media report that an individual surnamed “Ma” had been detained, pushing down Chinese technology stocks that had been expected to rally on the promise of support from Beijing. […]

Tesla Pi Phone Release Date, The Expectations, and The Rummors

Telsa Phone Release Date

Elon Musk said on his tweeter account: Smartwatches & phones are yesterday’s technology, and Neuralinks are the future. Tesla Phone The world has been expecting the next level of smartphone technology that will revolutionize an era of human connection. The Tesla phone is guaranteed to do just that. While there has not been an official […]