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Commodities Corner: Coronavirus pandemic knocks palladium and rhodium off the rally track

Record prices for palladium and rhodium have come to a screeching halt. The coronavirus pandemic slammed demand for the two rare metals, which are both used for car parts, thanks to plunging vehicle sales......»»

Category: topSource: marketwatchApr 24th, 2020

Commodities Corner: Here are the biggest risks to oil’s rally

Oil prices have climbed mo.....»»

Category: topSource: marketwatchApr 22nd, 2021

Commodities Corner: Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end......»»

Category: topSource: marketwatchApr 9th, 2021

: Asian-American tech leaders rally against wave of hatred: ‘We don’t deserve to live in fear in our own country’

Asian-American executives, business leaders and others have raised more than $20 million to combat the growing instances of anti-Asian hate and violence amid the coronavirus pandemic.....»»

Category: topSource: marketwatchApr 6th, 2021

Commodities Corner: China’s pollution reduction efforts look set to disrupt iron ore’s rally

China’s efforts to drastically reduce pollution levels could lead to lower demand for iron ore, a raw material for the steel industry, which is a big source of the nation’s harmful emissions......»»

Category: topSource: marketwatchMar 18th, 2021

Commodities Corner: Why copper just scored its biggest monthly gain since 2016

Copper prices score their largest monthly gain in over four years on Friday, as traders bet that a recovery in the pandemic-hit global economy will lead to a significant rise in demand for the industrial metal......»»

Category: topSource: marketwatchFeb 26th, 2021

Commodities Corner: Why food costs aren’t done climbing yet

More American consumers ate at home last year because of the pandemic, contributing to the largest yearly rise in food-at-home prices in nine years. Food costs are expected to increase further in 2021......»»

Category: topSource: marketwatchFeb 19th, 2021

Commodities Corner: U.S. deep freeze prompts natural-gas rally, and uranium prices melt up

Winter storms in parts of the south and central U.S. have led to a surge in the need for power, rallying prices for natural gas as traders look toward a rise in nuclear power demand and consumption of uranium......»»

Category: topSource: marketwatchFeb 16th, 2021

Commodities Corner: Lumber starts the year on the wrong foot, after a record year

Lumber prices more than doubled last year to touch a record high, but the rally has faded on the back of a rebound in supplies. With the value of the commodity down sharply in the new year, prospects for fresh records have dimmed......»»

Category: topSource: marketwatchJan 22nd, 2021

"Reopening" ETFs rally Tuesday as work-from-home plays lag

Economically sensitive sector funds outperformed those that have done well during the coronavirus pandemic Tuesday, as investors continued to look forward to a post-lockdown world. T.....»»

Category: topSource: marketwatchJan 12th, 2021

"Re-opening" sector ETFs rally Tuesday as "work-from-home" plays lag

Economically sensitive sector funds outperformed those that have done well during the coronavirus pandemic Tuesday, as investors continued to look forward to the post-lockdown world.....»»

Category: topSource: marketwatchJan 12th, 2021

Europe Markets: European stocks and U.S. futures extend rally on hopes over fiscal stimulus and vaccine

European stocks extended gains on Thursday, on hopes both for a near-term boost of adrenaline to the global economy as well as hopes that vaccines will eventually put an end to the coronavirus pandemic......»»

Category: topSource: marketwatchJan 7th, 2021

Market Extra: How a weaker dollar could help fuel a commodities boom in 2021

Long-suffering commodity markets may have turned a corner after a pandemic-induced collapse in 2020. What happens next may depend on the fate of the U.S. dollar......»»

Category: topSource: marketwatchDec 17th, 2020

Coronavirus pummels U.S. retail sales, industrial production

U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»

Category: topSource: reutersMay 15th, 2020

Coronavirus sinks U.S. retail sales again in April

U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»

Category: topSource: reutersMay 15th, 2020

Coronavirus likely hammered U.S. retail sales again in April

U.S. retail sales likely endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»

Category: topSource: reutersMay 15th, 2020

Aston Martin posts deep quarterly loss as pandemic slams brakes on sales

Aston Martin posted a deep first-quarter loss after sales dropped by nearly a third due to the impact of the coronavirus crisis, though the luxury car maker said production of a crucial sport utility vehicle was on track......»»

Category: topSource: reutersMay 13th, 2020

City Cafe will close permanently due to coronavirus pandemic

City Cafe, the neighborhood coffee shop that evolved into a sleek, full-service restaurant and bar at the corner of Cathedral and Eager streets, will close after a quarter-century in business. Co-owner Gino Cardinale confirmed the news Tuesday. He sai.....»»

Category: topSource: bizjournalsMay 12th, 2020

Coronavirus sows doubt over bitcoin"s rally after third "halving"

As bitcoin investors brace for a long-awaited technical adjustment that will halve new supply of the cryptocurrency, the coronavirus pandemic has cast uncertainty over the expected rally that has historically accompanied such events......»»

Category: topSource: reutersMay 11th, 2020

Stay-at-home stocks Amazon, Microsoft lift Nasdaq into gain for 2020

The Nasdaq was on track to end Thursday in positive territory for 2020 after winning back the vast majority of steep losses caused in recent months by the coronavirus pandemic......»»

Category: topSource: reutersMay 7th, 2020

Massive U.S. stock bounce stokes doubts, provokes bears

Investors are treating the U.S. equity market’s blistering rally with a dose of caution, socking away cash, staying on the sidelines or buying insurance against a reversal even as markets scream higher in the midst of the coronavirus pandemic......»»

Category: topSource: reutersMay 4th, 2020