Economist Steven Chiavarone states that a whopping 40% of the world’s palladium comes from western Russia, near its border with Ukraine. No palladium, no catalytic converters. No catalytic converters, no cars. Additionally, Russia is a top producer of nickel…a key ingredient in steel and electric car batteries. Experts can’t predict… Read More »Palladium: Russia, Ukraine, and You?
With mortgage rates inching up and turmoil in the markets the Corporate Debt rates are heading higher. Rapidly rising rates aren’t just affecting regular folks who want a mortgage — they’re rippling through the corporate debt market too, Axios’ Kate Marino writes. Why it matters: The speed and volatility at… Read More »Corporate Debt Market
Home sales are declining and this could be bad indicator for the busy spring season as we are facing economic uncertainty and rising interest rates Homebuying trends are reversing course amid higher mortgage rates and continued growth in home prices, Hope reports. Catch up quick: Pending home sales last month… Read More »Home Sales Are Declining
UConn’s Paige Bueckers and Louisville’s Hailey Van Lith have the highest social media earning potential among Sweet 16 players, Axios Sports editor Kendall Baker reports, using exclusive data from Opendorse. The big picture: This is the first March Madness of the Name, Image, and Likeness era, meaning athletes can monetize their fame during one… Read More »Women Rule March Madness Social Media
The Russian Ruble has taken a dive recently, however Russia has taken steps to stabilize it by requering nations that purchase energy to use the Ruble as currency. Russia’s ruble has rebounded sharply in recent weeks, as officials cobbled together an unorthodox defense of the currency, Matt writes. Driving the… Read More »Ruble Exchange Rate
Private Equity is busier than ever, this could be an indication of there are not better place to put your money. Private equity fundraising hit all-time records in 2021 and, at year-end, institutional investors appeared to have plenty of dry powder for 2022, per the above chart provided by McKinsey &… Read More »Private Equity Fundraising Hit All-time Records
Cyber Crime is here to stay and as business owners we need to keep building systems that are more and more imprenetable. According to a report released by the FBI yesterday, losses to cyber crime increased significantly in 2021. The losses – which are located mainly in the U.S. but… Read More »Cyber Crime Costs
Explaining why oil production doesn’t increase instantaneously as prices increase, it will take significant investment to generate more oil. Axios goes a good job of explaining why it is not an instantiations coloration. U.S. oil prices rose 70% over the last year. Meanwhile, U.S. oil production rose by about 5%,… Read More »Production and Price Of Oil
As gas prices hit the roof, the interest in EVs is increasing. You’re not the only one who’s having second thoughts about driving a gasoline-powered car, Nathan writes. What’s happening: Interest in electric cars is soaring, with views of new and used EVs skyrocketing on car-shopping sites like CarGurus and… Read More »Interest in EVs
Tesla keeps plowing a lot of money into R&D, not only for automation but also in the bettering of their vehicles. As their build volumes increase this amount should decrease. Tesla has become one of the most valuable companies in the world, with car deliveries almost amounting to one million last… Read More »Innovation Vs. Advertising