Crude and fuel price rose on Monday as one of the largest fuel pipeline systems in the US remained largely shut down after a reported cyberattack. The US has declared a state of emergency in 17 states due to the situation.
Soaring commodity and house prices are further proof that inflation is here to stay and it is much higher than the Federal Reserve wants Americans to believe, according to Max Keiser and Stacy Herbert.
On the heels of record highs in Iron Ore and Steel earlier this week, as commodity demand soars on the back of economies emerging from COVID lockdowns (demand) and various supply chain/operational issues (supply); copper prices surged to an all-time high this morning as Chinese investors unleashed fresh demand following a five-day holiday.
The founder of Tesla and SpaceX, Elon Musk, is a vocal advocate of cryptocurrency, being especially supportive of 'dogecoin' - a crypto based on a shiba inu dog meme that was created ironically.
The U.S. economy added just 266,000 jobs in April and the unemployment rate ticked up to 6.1 percent, the Labor Department said in its monthly labor assessment Friday, smashing expectations.
NEW YORK (Sputnik) - The Dow Jones Industrial Average, Wall Street’s broadest equity value barometer, hit record highs on Wednesday, as industrial and leisure stocks previously battered during the height of the coronavirus pandemic in the United States rebounded amid falling infection numbers due to the huge vaccination drive against the virus.
