A large-scale dockworkers’ strike has commenced at major ports along the East and Gulf coasts in the US, halting container traffic and disrupting a significant portion of the nation’s trade. The walkout, initiated by members of the International Longshoremen’s Association (ILA) early on Tuesday (October 1), is expected to impact US imports and exports, and could send ripple effects through ...
As efforts to decarbonize accelerate globally, hydrogen is emerging as a key energy source and is driving new demand for platinum, according to a recent infographic released by the World Platinum Investment Council. Hydrogen fuel cell technologies, which rely heavily on platinum, are becoming central to energy transition strategies as industries move toward cleaner alternatives to fossil fuels. Platinum’s role ...
The exorbitant cost of pharmaceutical drugs in the US has been a contentious issue for years, with the Republican and Democrat parties overtly at odds on the best way to lower drug prices. Despite the best efforts of lawmakers on both sides of the aisle, prescription drug prices are still on the rise. Figures from the US Department of Health ...
Bitcoin remains under bearish pressure on Tuesday On Tuesday, the price of Bitcoin continued to fall, breaking through the $63,000 support level Bitcoin chart analysis On Tuesday, the price of Bitcoin continued to fall, breaking through the $63,000 support level. We created a new daily low at the $60164 level. The bearish momentum still looks very strong, which means further ...
Ethereum under bearish pressure throughout the day The price of Ethereum only managed to reach the weekly open level today Ethereum chart analysis The price of Ethereum only managed to reach the weekly open level today. The weak momentum and the inability to move above it led to the initiation of a bearish consolidation again below the $2600 level. Strong ...
Gold and Silver: Gold was back above $2,670 last night Yesterday’s bullish growth in the price of gold was stopped at the level of $2673 Yesterday’s bullish attempt by silver to return to the previous bullish trend was stopped at the $31.85 level Gold chart analysis Yesterday’s bullish growth in the price of gold was stopped at the level of ...
ApeCoin and Akita Inu: Daily Targets and Prices The price of ApeCoin tried to initiate a bullish consolidation on Tuesday but stopped at the 0.820 level The Akita Inu price dropped to 0.00000007200 last night, a new weekly low ApeCoin chart analysis The price of ApeCoin tried to initiate a bullish consolidation on Tuesday but stopped at the 0.820 level. ...
The S&P 500 and Nasdaq retreated to new lows yesterday On Tuesday, the S&P 500 failed to hold above 5750.0, and we saw a breakout below On Tuesday, the Nasdaq failed to hold above 20000.0 and broke below S&P 500 chart analysis On Tuesday, the S&P 500 failed to hold above 5750.0, and we saw a breakout below. The index ...
PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Recent additions include Bare Snacks, Health Warrior and PopCorners. Soon that will also include Siete. ...
Tens of thousands of longshoremen went on strike at midnight ET, shutting down major ports along the East and Gulf coasts and choking off deliveries of everything from produce to auto parts. Consumers aren’t likely to feel the pinch unless a walkout lasts for multiple weeks, because businesses and logistics firms took pre-emptive steps to blunt the impact with the ...