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Copper
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Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton

Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton Via CNBC.com: The world risks “running out of copper” amid widening supply and demand deficits, according to Bank of America, and prices could hit $20,000 per metric ton by 2025. In a note Tuesday, Bank of America commodity strategist Michael Widmer highlighted inventories measured in tons are now at levels seen 15 years ago, implying that stocks […]

today05/06/2021 3

Ethereum
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Ethereum hits new record high above $3,400 In cryptocurrencies market

Ethereum hits new record high above $3,400 In cryptocurrencies market Via CNBC.com:  Ether, the digital coin linked to the Ethereum blockchain, hit an all-time high of $3,456.57 as the cryptocurrency extends a rally that has seen its price gain around 360% this year. The digital coin pared some of those gains in Tuesday afternoon trade in Asia was trading at $3,271.90 at 12:12 p.m., according to CoinDesk data. Interest in […]

today05/04/2021 6

reopening
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Treasury yields rise as economic reopening continues

Treasury yields rise as economic reopening continues Via CNBC.com: U.S. Treasury yields rose on Tuesday morning after several states further eased coronavirus restrictions. The yield on the benchmark 10-year Treasury note advanced to 1.61% at 4 a.m. ET. The yield on the 30-year Treasury bond rose slightly to 2.29%. Yields move inversely to prices. Florida Gov. Ron DeSantis signed an executive order on Monday that immediately suspends the state’s remaining Covid-19 public health restrictions. Meanwhile, New York, New […]

today05/04/2021 7

business owners
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In pandemic, business owners worry about finding summer workers

In pandemic, business owners worry about finding summer workers Via AP News: The owner of seafood restaurants on Cape Cod has eliminated lunch service and delayed the opening of some locations because his summertime influx of foreign workers hasn’t arrived yet. More than a thousand miles away, a Jamaican couple is fretting about whether the rest of their extended family can join them for the seasonal migration to the popular […]

today04/26/2021 5

Honda
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Honda to phase out gas-powered cars by 2040 in N. America

Honda to phase out gas-powered cars by 2040 in N. America Via AP News:  Japanese automaker Honda said Friday that it plans to phase out all of its gasoline-powered vehicles in North America by 2040, making it the latest major automaker with a goal of becoming carbon neutral. The announcement came as leaders of the major global economies met for President Joe Biden’s climate summit. Biden has an ambitious goal of slashing America’s […]

today04/24/2021 15

New home sales
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New home sales surged 20.7% in March to 1.02 million

New home sales surged 20.7% in March to 1.02 million Via AP News: Sales of new homes surged 20.7% in March to the highest level since 2006, rebounding from a sharp decline the previous month when severe winter storms wreaked havoc in many parts of the country. Sales climbed to a seasonally adjusted annual rate of 1.02 million last month after a 16.2% tumble in February, the Commerce Department reported […]

today04/24/2021 8

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