European Markets Frightened Over Fed’s Tightening

Major European stock markets are moving in negative zone as anxiety over the Fed’s inflation-combat strategies eclipsed the optimism generated by the earnings updates. The DAX, FTSE-100 and the pan-European Stoxx 600 are a tad below the flatline. The Swiss benchmark SMI is down more than a quarter percent whereas the French benchmark is worse-off with a decline of more […]

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Trucking industry struggling to hire drivers as demand increases

(CNN Business)With the trucking industry facing a shortage of qualified drivers, the US government is setting up an apprenticeship program for young truckers. The new program will allow people as young as 18 to drive big interstate semi trucks. The new program is coming on-line as the industry complains of driver shortages, which have gotten worse during the coronavirus pandemic. […]

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World Market Trends At 6 A.M. ET

Here is a snapshot of the global markets across stocks, currencies, bonds, commodities and cryptocurrencies. Global markets bounced back ahead of Fed Chair Powell’s Senate hearing, the crucial inflation data release from the U.S. etc. Asian equity markets however closed negative as Covid-19 related situation in China and in the region unnerved investors. European stocks are rallying, on the strength […]

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This is how much the climate crisis cost in 2021

New York (CNN Business)Climate change policies have become front and center for companies — not only because of ethics and reputation, but also because their employees demand it. More than three-quarters of global executives said climate change policies affect their ability to attract and retain talent, according to Deloitte’s 2022 CxO Sustainability Report. That could be a wake-up call for […]

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