Category: Economics

3 Lithium Stocks to Invest in for Exceptional Market Gains

Thinking with a long-term view, these three lithium stocks should deliver market-crushing returns Lithium stocks continue to be in dire straits well into 2024. The price for the rare earth mineral, lithium carbonate, has fallen 11.4% since the start of the year. On a similar point, the prized rare earth mineral’s price plummeted more than […]

LOHUM, ReElement, and American Metals Collaborate to Establish a Unified Lithium-Ion Battery Materials Processing Facility

Innovating Battery Recycling: LOHUM, ReElement, and American Metals Unite for a Sustainable Future A groundbreaking initiative in the realm of battery materials processing is set to take shape, marked by a $30 million initial investment in a state-of-the-art facility poised to revolutionize the lithium-ion battery lifecycle. In a significant move towards sustainable resource management, LOHUM […]

What You Need to Know This Week

Stocks drifted higher over the past week, with the S&P 500 (^GSPC) notching several record closes as investors digested more signs of cooling inflation amid resilient economic growth data. For the week, the S&P 500 and Dow Jones Industrial Average (^DJI) were up about 0.7%. Meanwhile, the Nasdaq Composite (^IXIC) popped nearly 1%. In the […]

Colorado’s Bold Decision to Ban Oil Drilling Ignites National Debate

Colorado’s Bold Move to Ban Oil Drilling Sparks Nationwide Debate Earlier this year, Democratic lawmakers in Colorado proposed two pieces of legislation aimed at introducing a statewide ban on oil and gas wells, which would be the first of its kind in the U.S. One of the bills aimed to introduce a ban on new […]

What Are the Potential Rate Cuts by the Bank of Canada?

The Bank of Canada probably doesn’t need additional reasons to keep cutting interest rates, but with the US Federal Reserve having joined the party with a jumbo cut of its own, there’s now fresh impetus for the Canadian central bank to not only lower rates further but perhaps even take a bigger bite out of […]

Weekly Market Outlook: Can the NFP Report Confirm Rate Cut Optimism?

Fed policymakers maintain a dovish stance, and market participants are pricing in a potential 50 basis point rate cut in November. The US dollar hit a fresh YTD low, while Gold and Silver continued to advance. The week ahead features key data releases, including Eurozone inflation and US nonfarm payrolls, which could shape central bank […]

Gold Repatriation Shifts from Northern to Southern Regions

It wasn’t long however until Germany was again in a position to buy gold. The Wirtschafswunder — economic miracle — of the 1950s and ‘60s allowed West Germany to stockpile large amounts of gold. Under the Bretton Woods system of fixed exchange rates, Germany could use dollars, earned by successful export businesses that traded them in for marks, to […]

Carlyle Commodities and Miramis Mining Enter Into Amalgamation Agreement, Carlyle Announces Quesnel Option Agreement and Proposed Sale of Newton Project

Carlyle Commodities Corp. and Miramis Mining Corp. announced an amalgamation agreement on September 27, 2024, where Carlyle’s subsidiary will merge with Miramis, exchanging Miramis shares for Carlyle shares on a one-to-one basis. This transaction is expected to enhance shareholder liquidity and reduce costs while diversifying Carlyle’s asset portfolio, particularly through the Nicola East Project. Additionally, […]

Lohum, ReElement, and American Metals to Launch US’s First Fully Integrated Battery Recycling Facility with $30 Million Investment, Reports ET Auto

In a significant development for the North American battery supply chain, India’s Lohum Cleantech Ltd, in partnership with ReElement Technologies Corporation and American Metals LLC, is set to establish the region’s first fully integrated facility dedicated to battery recycling and critical material production. The facility will be based at the Marion Advanced Technology Center in […]

Stocks Rise as Federal Reserve’s Preferred Inflation Measure Softens

Stocks piled on gains Friday as investors embraced an inflation report seen as crucial to the Federal Reserve’s next decision on interest-rate cuts. The S&P 500 (^GSPC) rose 0.1%, on the heels of ekeing out a third record-high close this week. The Dow Jones Industrial Average (^DJI) and the tech-heavy Nasdaq Composite (^IXIC) gained around […]