Get Ready For Prices At The Gas Pump To Go Up, Up, Up Via Just The News: Under President Trump, the United States became the largest producer of oil in the world. In 2019, the U.S. produced 12,248,000 barrels per day (bpd), topping Saudi Arabia, which produced 12,000,000 bpd, according to the U.S. Energy Information Administration. Russia produced 10,800,000 bpd, while other nations in the Organization of the Petroleum Exporting […]
U.S. Treasury Yields Fall, Dollar Firms On Stimulus Delay Worries Via Reuters: U.S. Treasury yields fell to three-week lows while stock markets were mixed on Tuesday as concerns about potential roadblocks to new U.S. President Joe Biden’s planned $1.9 trillion stimulus weighed on investor sentiment. Mounting coronavirus cases and caution ahead of the U.S. Federal Reserve’s policy meeting this week also dulled appetites for risk, lending support to the dollar […]
U.S. Treasury Resuming Steps To Put Harriet Tubman On $20 Bill Via Reuters: The U.S. Treasury Department is taking steps to resume efforts to put escaped slave and abolitionist Harriet Tubman on the $20 bill, White House and Treasury officials said on Monday, saying the move would reflect U.S. history and diversity. The redesigned bill was initially to be unveiled in 2020, but those efforts were delayed by the Treasury […]
Oil Prices Edge Up, But Lockdowns Restrain Gains Via Reuters: Oil prices edged up on Monday as supply jitters and U.S. stimulus plans offset fresh concerns about the hit to global fuel demand from renewed lockdowns to curb spikes in COVID-19 infections. Brent crude futures for March rose 34 cents, or 0.6%, to $55.75 a barrel by 1008 GMT. U.S. West Texas Intermediate crude for March was up 37 cents, […]
Bitcoin Heads For Worst Weekly Loss In Months Via Reuters: Bitcoin wavered on Friday and was heading toward its sharpest weekly drop since September, as worries over regulation and its frothy rally drove a pullback from recent record highs. The world’s most popular cryptocurrency fell more than 5% to an almost three-week low of $28,800 early in the Asia session, before steadying near $32,000. It has lost 11% so far […]
Oil Down $1 As China COVID-19 Cases Trigger Clampdowns Via Reuters: Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil importer. Brent crude futures fell $1.09, or 1.9%, to $55.01 a barrel by 1021 GMT, after a 2 cent gain on Thursday. U.S. West Texas Intermediate (WTI) […]
Remote Employees Don’t Want To Return To The Workplace After The Pandemic Via YouGov: As the vaccine rollout continues in America, businesses that have gone mostly or entirely remote may be considering bringing their employees back to the workplace once it’s safe to do so. But a recent YouGov poll of employees who are working remotely finds that most are enjoying working from home, and very few are interested in returning to the workplace full-time. Among those Americans who are currently […]
Bitcoin Slumps 10% As Pullback From Record Continues Via reuters: Bitcoin slumped 10% on Thursday to a 10-day low of $31,977 as the world’s most popular cryptocurrency continued to retreat from the $42,000 record high hit on Jan. 8. The pullback came amid growing concerns that bitcoin is one of a number of financial bubbles threatening the overall stability of global markets. Fears that U.S. President Joe Biden’s administration could […]
Outlook Darkens For Wall Street As Biden's Regulators Take Shape Via Reuters: Wall Street may be facing an uncomfortable four years after President-elect Joe Biden’s team confirmed on Monday it planned to nominate two consumer champions to lead top financial agencies, signaling a tougher stance on the industry than many had anticipated. Gary Gensler will serve as chair of the Securities and Exchange Commission (SEC) and Federal Trade Commission member […]
Mike Church offers no-holds barred commentary on the moral & political decay of the modern world but unlike all other hosts, Mike offers solutions to these ills, solutions rooted in the wisdom of the Fathers, founding and Church!
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