The UN weather agency is predicting an 80% chance that average global temperatures will surpass the 1.5C target laid out in the landmark Paris climate accord within the next five years. The World Meteorological Organisation said on Wednesday that the global mean near-surface temperature for each year from 2024 to 2028 is expected to range […]
GENEVA (AP) — The U.N. weather agency on Wednesday predicted that there’s an 80% chance that average global temperatures will surpass the 1.5 Celsius-degree (2.7 degree-Fahrenheit) target laid out in the landmark Paris climate accord within the next five years. The World Meteorological Organization said Wednesday that the global mean near-surface temperature for each year […]
We all want a crystal ball, something that will let us peer a few months into the future and know how the markets are going to shake out. Of course, that won’t happen – but it won’t stop investors from looking for clues. In this pursuit, experts know that the key is in the data. […]
Longtime Democratic strategist James Carville says he doesn’t believe former President Trump will actually show up to debate President Biden next month. “I don’t think Trump will go to the debate. He doesn’t do anything that’s not in his perceived self-interest, and this is one of these things where he could hurt — Biden has […]
Given the S&P 500‘s recent surge beyond 5,300, surpassing some experts’ year-end targets, is it prudent for investors to be concerned about a potential overheating in the market? Goldman Sachs’ chief US equity strategist David Kostin believes that now that the S&P has climbed above the 5,200 target he’d predicted, there just isn’t much more […]
Conservative pundit George Conway predicted former President Trump will not be unanimously acquitted in the Manhattan hush money trial. Conway told MSNBC’s Katie Phang on Saturday that testimony over the past few weeks showed that Trump is “neck-deep” in the case, where he faces 34 counts of falsifying business records. Conway added that it is […]
GREENSBORO, N.C. (AP) — To a room full of Republicans from across North Carolina on Friday, former President Donald Trump railed against the Biden administration and vowed to win in the state for a third time — all over a speaker phone call after his son Eric Trump dialed him on stage. “I just want […]
A view of the headquarters of the Deutsche Bundesbank, Germany’s central bank, which is currently located at Mainzer Landstrasse 46 in Frankfurt/Main due to the renovation of the actual headquarters. Lando Hass/dpa Germany’s economic outlook is gradually brightening, according to the Bundesbank. Following the slight increase at the beginning of the year, economic output is […]
The decision by the International Criminal Court (ICC) prosecutor to apply for arrest warrants against Israeli leaders will bring shame down on the court and turn it into a farce, Israeli Prime Minister Benjamin Netanyahu predicted. “As the prime minister of Israel, I reject with disgust the prosecutor’s comparison between democratic Israel and the mass […]
JPMorgan Chase (JPM) boosted expectations for a key revenue source in 2024 due partly to fewer rate cuts expected from the Federal Reserve. The nation’s largest bank now expects to make $91 billion in net interest income this year excluding trading revenue, a $2 billion bump compared to what it anticipated in April. Net interest […]
New indicators of a cooling economy eased inflation concerns, driving the S&P 500 to record highs last week. The index, which dropped around 4% in April, is now up 11% for the year. Will this momentum continue? Savita Subramanian, head of US Equity and Quantitative strategy at Bank of America, believes it will. She’s taking […]
Keep an eye on your energy bill this summer. AccuWeather meteorologists say temperatures are expected to rise two to four degrees above the historical average in more than half the country this upcoming summer, making it one of the hottest on record for many areas in the United States. Here in New York, temperatures could […]