PitchBook: Carbon tech to be a $905B market in 2022
Companies working in the carbon dioxide removal and reduction...
Companies working in the carbon dioxide removal and reduction space are taking off and will likely represent a $905 billion market by the end of 2022,reports PitchBook. That figure is expected to hit $1.4 trillion by 2027. Investor interest in carbon capture firms remains high, with 11 deals valued at $882.2 million closed in the second quarter alone.
U.S. stocks open mostly lower as investors weigh jobless claims report
U.S. stocks opened mixed Thursday as investors weighed economic data showing initial jobless claims rose...
U.S. stocks opened mixed Thursday as investors weighed economic data showing initial jobless claims rose slightly. The Dow Jones Industrial Average DJIA, -0.42% was up 0.1% soon after the opening bell, while the S&P 500 SPX, -0.63% slipped less than 0.1% and the Nasdaq Composite COMP, -0.95% fell 0.2%, according to FactSet data, at last check. The number of people who applied for unemployment benefits in the week ended Sept. 17 rose by 5,000 to 213,000, according to a report from the Labor Department Thursday. Still, new jobless claims are quite low and the labor market remains strong even as the U.S. economy slows.
The crypto bear market will continue if bitcoin confirms its recent breakdown below $20,000,...
The crypto bear market will continue if bitcoin confirms its recent breakdown below $20,000, Fairlead's Katie Stockton said. The technical analysis-based research firm said that secondary support for bitcoin stands at $13,900, and short-term momentum has shifted negatively. Dig into the numbers.
Everything from mortgage rates to credit-card payments are now more expensive after...
Everything from mortgage rates to credit-card payments are now more expensive after the Fed made its third 75-basis-point hike in a row Wednesday, confirming that 0.75 is indeed the new 0.25, which was once the standard increment.
As rapid as the Fed has raised interest rates in 2022, policymakers could do the exact opposite in 2023, JPMorgan's quant guru, Marko Kolanovic, wrote in a note this week.
