(Bloomberg) -- A potential US tariff on oil imports would hand consumers a $22 billion bill as higher costs get passed on, while doing little to stimulate domestic crude production, according to Goldman Sachs Group Inc. Most Read!-->!-->!-->…
Economic data activity will pick up again this week, culminating in the report on Friday. Additionally, NVIDIA’s (NASDAQ:) midweek earnings, which have become a significant market-moving event in recent quarters, will also be in focus.…
Last week, we discussed that continued bullish exuberance and high levels of complacency can quickly turn into volatility. As we noted then, introducing an unexpected, exogenous event can soon lead to a price decline if investors begin…
Georgina RannardClimate and science reporterGetty ImagesA large asteroid known as 2024 YR4 has grabbed headlines this week as scientists first raised its chances of hitting earth, then lowered them.The latest estimate says the object has!-->!-->…
Today I am heading to Kigali, Rwanda, where more than 400 leading global academics, policymakers, and healthcare experts will gather at the Pan-African Surgical Conference to address a major global health problem: bringing access to…
For Part 1 on “Tariff Risk” read: Tariff Impact Not As Bearish As Predicted.
In “Trumpflation” we discussed why the tariff risk was not inflation. To wit:
“Today, globalization and technology give consumers vast choices in the products…
I am constantly amazed at certain articles of faith among the economics community. In my line of expertise, one of the most amazing to me is the absolute conviction with which the economics community believes that if the economy grows…
Russia launched its unprovoked, unjustified and illegal attack against Ukraine on 24 February 2022.
Special set-ups of both EU and Ukraine flags will be flown in front of the EP SPAAK building in Brussels, the WEISS building in…
A British archaeologist believes his team may have found a second tomb in Egypt belonging to King Thutmose II. The potential find comes just days after Dr Piers Litherland announced the discoveryof the first tomb of a pharaoh since!-->!-->!-->…
Despite multiple tariff announcements, only extra 10% on China has gone into effectWe’re a month into President Trump’s second term, and tariffs have been an area of focus.Since there’s a lot to keep track of, we have our…