Victory Day in Russia: Today Russia will celebrate its most important holiday, ...
Victory Day in Russia: Today Russia will celebrate its most important holiday, Victory Day, which commemorates the Soviet Union’s defeat of Nazi Germany in 1945. While much of the pageantry will be the same as ever (a huge military parade through Moscow’s Red Square, for example), there’s also a great deal of apprehension this year over whether President Vladimir Putin will announce an escalation of what Russia has called a “special military operation” in Ukraine into a full-scale war.
Inflation data: Wednesday’s Consumer Price Index report is expected to show a drop in inflation from last month’s blistering 8.5% pace, but not by much. The Fed hiked interest rates the most in 22 years last week to push prices down faster.
Earnings: Coinbase, Disney, Palantir, AMC, Rivian, and Wendy’s will share their Q1 financials as earnings season winds down.
Riverbend Energy Group Puts Shale Portfolios for Sale
Investment firm Riverbend Energy Group is exploring a sale of three portfolios of oil...
Investment firm Riverbend Energy Group is exploring a sale of three portfolios of oil and gas assets, seizing on a rally in commodity prices to seek in total around $2 billion, including debt, from potential buyers, people familiar with the matter said.
The assets across all three portfolios consist of minority stakes in individual oil and gas wells. Known in the energy industry as “nonop,” such positions are sold to investors by producers seeking funds to develop projects. In return, the investor gets a cut from the sale of the hydrocarbons extracted.
Slower growth in China can be felt all over the world. The globe's largest exporter...
Slower growth in China can be felt all over the world. The globe's largest exporter of goods may miss its growth targets for 2022 — which would bring repercussions to economies everywhere.
Meanwhile, an engine of the US economy may also be at risk. That's according to legendary investor Jeremy Grantham, who issued a warning on another threat to US economic growth: the impact of rising mortgage rates on the housing market.
Pandemic stimulus sent mortgage rates plummeting and home prices soaring. Now, as rates rise — but supply continues to fail to meet demand — an affordability crisis is brewing that could pop the bubble.
