The futures were lower once again, as shell-shocked investors return for another week with volatility increasing and seemingly every uptick and rally being sold. The major indexes were all hit again on Friday, with both the Nasdaq and the Russell 2000 reaching 52-week lows. Clearly, Thursday’s drastic sell-off has put a chill on investors. And the parabolic rise in interest […]

FILE PHOTO: Ukraine’s President Volodymyr Zelenskiy speaks during a news conference with Canadian Prime Minister Justin Trudeau (not pictured), as Russia’s attack on Ukraine continues, in Kyiv, Ukraine May 8, 2022. REUTERS/Valentyn Ogirenko/File PhotoKYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy, commemorating victory over Nazi Germany in World War Two, said on Monday his country would win in its war with Russia […]

Last September, uranium prices reached a 10-year high of around $51.00 a pound. The burst of enthusiasm for the metal was triggered by the July launch of an ETF that holds physical uranium, the Sprott Physical Uranium Trust Fund, which trades over-the-counter in the United States under the symbol SRUUF. In mid-April, uranium hit a 12-month high of around $65.30 […]

Markets turned lower to close out the week despite a fairly strong showing from April’s employment report. The Nasdaq led the charge lower, down nearly 2%, with the S&P 500 and Dow Jones industrials in hot pursuit, each down over 1%. As for the report, April’s unemployment came in at 3.6%, compared with the 3.5% consensus. Although this missed slightly, […]

SHANGHAI (Reuters) – China is setting up thousands of permanent PCR testing stations, with 9,000 already completed in Shanghai alone, as authorities seek to “normalise” tough pandemic controls even after the current round of lockdowns end.A medical worker in a protective suit collects a swab sample from a resident for nucleic acid testing, outside a closed entrance of a building […]

Slideshow ( 10 images )LONDON (Reuters) – Early English local election results showed Boris Johnson’s Conservatives suffered early losses in a ballot held against the backdrop of a cost-of-living crisis and fines imposed on the Prime Minister for breaking his own COVID-19 lockdown rules. Early results showed the Conservative Party had lost 53 council seats. The main opposition Labour Party […]

New York (CNN Business)To buy Twitter, Elon Musk just sold a ton of stock and made a boatload of money on the sale. But because of a US tax law quirk, Musk’s stock sale could give him an enormous tax break. Musk last month sold $8.5 billion worth of Tesla shares for more than 100 times what he paid for […]