The stock market has gotten off to a red-hot start this year. The technology-heavy Nasdaq Composite is up 11% so far in 2024, fueled by hype in artificial intelligence (AI). Moreover, the S&P 500 has also gained close to 11% — signaling an overall strong profile among broader market sectors. In particular, the energy industry […]
Cindy Ord/Getty Images A global labor shortage of about 80 million workers will make tech stocks go parabolic, according to Fundstrat’s Tom Lee. Lee argued on Wednesday that the technology sector will eventually make up 50% of the S&P 500. “I think AI is really addressing a global labor shortage of roughly 80 million workers […]
This is a story about how interest rate hikes are supposed to work, and why they might not be working as intended right now—at least according to one of the bond market’s biggest names. Typically, when inflation becomes an issue in the economy, the Federal Reserve raises interest rates to fight it, effectively increasing borrowing […]
May 22—State officials are trying to make it easier for people to find jobs in Maine’s clean energy sector. The Governor’s Energy Office on Wednesday launched the Maine Clean Energy Jobs Network, a recruiting tool to connect skilled jobseekers with clean energy employers and training programs. The jobs network is coordinated with the Department of […]
Title icon The News NAIROBI — Kenya’s push to introduce new taxes on some electric vehicles and their batteries could stifle growth in the country’s fledgling e-mobility sector, experts have warned. The country’s new finance bill proposes the introduction of value added tax (VAT) on electric bikes and buses, as well as solar and lithium-ion […]
Floodwaters in Brazil have swallowed up soybean fields and farming equipment, cutting off roads, livestock farms and warehouses in the latest extreme weather event to hit the agricultural giant. The inundated state of Rio Grande do Sul is one of the biggest soy-producing regions in Brazil, as well as its main rice-growing area, and both […]
One of Gov. Andy Beshear’s top lieutenants is leaving his post after almost nine years working alongside the governor. Deputy Chief of Staff Jonathan Smith will leave for the private sector in “late Summer, early Fall,” Beshear announced at a Thursday press conference. A spokesperson for Beshear did not respond to Herald-Leader questions regarding where […]
New data shows that there appears to be a levelling off in the public-private sector pay differential. Data published by the Central Statistics Office (CSO) shows that between 2019-2022 there was no clear trend to the public-private pay differential. However, the CSO said there does appear to be a levelling off in the public-private sector […]
Russia has a manpower crunch because of its war with Ukraine. Russia’s military is paying more in sign-on bonuses and salaries than the oil and gas sector. Russia’s oil and gas revenues have been keeping its war chest filled. Russia is facing a labor crisis as its war with Ukraine siphons manpower away from the […]
In this article, we discuss 14 best financial sector dividend stocks to invest in. You can skip our detailed analysis of the financial sector and its outlook for this year, and go directly to read 5 Best Financial Sector Dividend Stocks To Invest In. 2023 didn’t start out very rosy for the financial sector, marked […]
Ukraine’s armed forces released a video claiming to show 42 destroyed Russian military vehicles. The Ukrainian Defense Ministry described the scenes as a “line to hell.” Fighting has intensified in the Donetsk region in recent months as Russia pushes further past Avdiivka. Ukraine’s armed forces claim to have destroyed 42 Russian tanks and military vehicles in […]
Ukraine’s armed forces released a video claiming to show 42 destroyed Russian military vehicles. The Ukrainian Defense Ministry described the scenes as a “line to hell.” Fighting has intensified in the Donetsk region in recent months as Russia pushes further past Avdiivka. Ukraine’s armed forces claim to have destroyed 42 Russian tanks and military vehicles in […]