A prolonged downturn in China’s housing market will have significant effects on the finances of the Australian government and the local steel industry, economists have warned. The Asian superpower’s real estate sector has been seen as a pillar of economic growth until 2020, when China instituted some of the world’s …
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Understanding the Commodity Market in Forex Trading: A Beginner’s Guide | The Philippine Times
Commodity trading has been an ancient practice that has evolved over the years. Thus, many commodities are traded on modern exchanges such as the London Metal Exchange or the Chicago Mercantile Exchange. Therefore, you need an account with a trading platform to access the commodity markets. So, before you can …
Employers must file WARN notices when eliminating jobs: What you need to know
General Motors Co. said Monday it is cutting more than 1,000 jobs in its software division globally, with 634 of the jobs being cut coming from the Global Technical Center in Warren. Stellantis said earlier this month that Warren Truck Assembly will lose a shift later this year, which could …
How to Calculate Your Net Worth (and Why You Should)
Brady, who previously worked at the Millennial-focused financial advisory firm Fox & Hare, who now runs financial literacy platform The Greenhouse, prefers the term “net worth” to the more traditional “net worth” because he doesn’t believe your overall financial position is a reflection of your worth as a person. Either …
The NZ electricity market is a mess. Rooftop solar launch would be a game changer
Wholesale prices on the New Zealand electricity market have soared in recent weeks, climbing as high as NZ$1,000 per megawatt hour. Pulp and paper mills in the North Island have closed temporarily due to rising costs. Deputy Energy Minister Shane Jones accused the big power generators of profiteering and said …
A blueprint for sustainable mass employment
The big budget announcement of five major employment related schemes sounds impressive. The schemes are to have an ambitious outlay of INR 2 million spread over five years to facilitate jobs and skills and other opportunities for 4.1 million youth. The Economic Survey made a strong case for employment, urging …
Strong budgeting: Influencers are on board with the big spending trend
Building a budget means finding fans on social media. Photo: IGOR STEVANOVIC / PHOTO SCIENCE Social media trends tend to focus on vacations, parties, and dining out—it’s all about spending money to feel good. But some influencers encourage their followers to save money. American comedian and influencer Lukas Battle went …
There’s a labor market update coming up that could shake up stocks and the Fed this week.
The Bureau of Labor Statistics will release a key labor market update on Wednesday. The report is expected to show a major downward revision to job growth from April 2023 to March 2024, according to Goldman Sachs. That could pressure the Fed to consider deeper rate cuts amid lingering concerns …
Lithium market potential: assessment of demand and supply dynamics | OilPrice.com
By Metal miner Lithium has quickly become a critical element in the race to dominate the technology and energy sectors, resulting in a strong and profitable global lithium market. This is mainly due to the fact that the element plays an indispensable role in lithium-ion batteries, which not only “charge” …
We are Gen Z college graduates who have raised $41.4 million for our blockchain startup. Here’s how I did it
In an advanced stage economy dominated by established players, opportunities for new entrants to the economy can be bleak. So we went on our way. In the fall of 2022, at 19 and 22, I dropped out of Vanderbilt to start Movement Labs. A year later, in the fall of …