Author: Press Room
Freeport-McMoRan (NYSE: FCX), one of the largest producers of copper, has seen its stock underperform a bit over the last month, falling by 7% compared to the S&P 500 which was up 1%. While the big reopening of the Chinese economy following the easing of Covid-19 restrictions late last year is seen as a big tailwind for the copper market, copper prices have cooled a bit recently. For instance, while copper prices rose from about $3.60 per pound in early December 2022, to about $4.20 in late January, they have declined to about $4 per pound currently. The recent worries…
What are Americans prioritizing when it comes to their well-being? According to John Burns Research & Consulting’s January 2023 Healthy Homes survey, the three most important non-financial health and wellness factors for households earning $50,000 or more are mental wellbeing (60%), healthy diet (48%) and physical fitness (47%). “Expect health to impact home selection more often,” the report predicted, citing young consumers prioritizing health impacts more than other groups, but older adults closing the gap. Nearly all (95%) respondents said they now believe that a home impacts its occupants’ health, and close to three quarters (73%) will be considering health…
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. In an unusual coincidence, the US jobs report was released on a holiday Friday — meaning stock markets were closed when the closely-watched economic data came out. It was the first monthly payroll report since Silicon Valley Bank and Signature Bank collapsed. It also marked a full year of jobs data since the Federal Reserve began hiking interest rates in March 2022. While…
Watch full video on YouTube
It was a Friday in July when I first noticed something seemed off. I was spending some time with my family on a gorgeous summer day, swimming and drinking beer and ignoring my phone as much as possible. When I finally checked my notifications, I had two alerts from Verizon. Both contained authorization codes — the kind of security measure they take when you make changes to your account. There was also a receipt from Verizon for $0 and a message thanking me for activating my new device.I immediately checked my Verizon account, but nothing seemed amiss. The receipt seemed…
Lance Junck, 23, earned $35,000 in just three months selling his ChatGPT course on Udemy. Junck’s has enrolled over 15,000 students in his seven-hour “ChatGPT Masterclass.” He has no doubt the course will keep selling as people start to recognize “the power of the tool.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Workers are turning to OpenAI’s ChatGPT to make their jobs easier — and one guy is raking in tens of thousands of dollars teaching people how. In late December, Lance Junck, 23,…
Ferrexpo plc (OTCPK:FEEXF) (OTCPK:FEEXY) is a Ukraine based iron-ore miner, listed on the London Stock Exchange. Traditional valuation is somewhat meaningless because when there is so much uncertainty in the outlook for a company, it’s foolish to make a forecast and think it’s going to be a better forecast than any other forecast in the market and buy or sell the stock based on that view. In this report, we consider four scenarios. First, Ferrexpo plc loses complete access to electricity supply. Second, the company’s wartime level of production and exports continues at roughly the same level forever. Third and…
CBI director-general Tony Danker has been sacked with immediate effect following an investigation into allegations of sexual harassment at the employers’ organisation. He will be replaced by Rain Newton-Smith, the UK lobby group’s former chief economist, who will return as director-general after a brief spell as a managing director for policy at Barclays.The dismissal of Danker on Tuesday followed an investigation by law firm Fox Williams, which has rocked the business organisation and spawned further allegations that do not relate to Danker.Three other CBI employees have now been suspended pending further investigation into a number of ongoing allegations, the CBI…
Yet another mass shooting and a new blow to nationwide abortion rights left Republicans facing pointed questions on two of the most emotive issues dominating American politics. But the GOP had almost nothing to say, reflecting the way that it is locked into positions that animate its most fervent grassroots voters but risk alienating it from much of the public. A controversial ruling from a conservative judge in Texas that could halt the use of a popular abortion drug nationwide, and another shooting spree – this time in Kentucky – sparked outrage among Democrats and calls for strengthening gun safety…
Falling oil prices and fears about capital flight helped push the Russian ruble to its weakest level against the U.S. dollar in a year on Monday, the latest milestone in what has been a dramatic reversal of fortune for the currency. The ruble showed surprising resilience against the U.S. dollar last year despite Russia’s invasion of Ukraine, with the dollar falling 2.7% against the Russian currency in 2022. But a changing backdrop both at home and abroad has weighed on the ruble since the start of the new year, currency analysts and economists said. Since Jan. 1, the greenback has…
