BlackRock’s Larry Fink Says ESG Debate Is Ugly And Polarizing
Larry Fink, the Chief Executive Officer of BlackRock Inc. said he feels ESG investing has become surrounded by a narrative that has become ugly and is creating, “huge polarization.” In…
Microsoft To Lay Off 11,000 Workers Wednesday
According to reports citing people familiar with the matter, on Wednesday Microsoft Corp will cut jobs in a number of engineering divisions, as the company joins the ranks of tech…
Goldman Sachs Sees An Upside To Tesla Price Cuts
Tesla (TSLA) surprised the industry when it instituted huge price cuts last week. Now we are finding out exactly what analysts think the price cuts indicate for the future of…
Oil Majors Looking To Invest In India Exploration
On Friday, Hardeep Singh Puri, India’s oil minister, said that France’s Total, as well as US oil majors Exxon and Chevron, are looking to get involved in India’s oil and…
European Gas Prices Fall To Levels Not Seen Since September 2021
According to new data from the London Intercontinental Exchange (ICE), The EU is now seeing natural gas prices falling to levels not seen since September of 2021. According to ICE…
Many Top-Level Elites Skip The Davos Summit This Year
This year a number of top-level global elites have skipped the opening Monday of the World Economic Forum’s (WEF) meeting in Davos Switzerland. US President Joe Biden, French President Emmanuel…
Economists Predict 2023 Recession In WSJ Survey
On Sunday, the Wall Street Journal reported that its latest quarterly survey of economic experts indicated that the US economy will tip into a recession in the coming year, driven…
Oxfam Says Two-Thirds Of New Wealth Went To Richest 1%
Anti-poverty charity Oxfam released a new report Monday which revealed that over the previous two years, the richest 1% have accumulated nearly two-thirds of all new wealth created in the…
Judge Rules Twitter Employees Who Took Severance Cannot Sue
On Friday, Twitter won a legal ruling which will force a group of laid-off workers to seek arbitration against the company over their grievances, rather than a class-action lawsuit against…
Doctor Doom Says Now The Worsening Begins
On Friday, New York University professor and noted economist Nouriel Roubini said that we have now exited the period of relative calm in the global economy, and we will now…