CFPB Student Loan Ombudsman: Servicer Mistakes Undermine Student Loan Program
CFPB Student Loan Ombudsman: servicer errors plague student loan program The CFPB’s Student Loan Ombudsman has released his annual report, again emphasizing complaint volume without investigating all complaints, suggesting that states should acquiesce when the Department of Education promulgates rules that exceed its statutory authority, and blaming servicers for communications issues caused in no small […]
Fed Evaluates Gold’s Upsurge – MINING.COM
During that 12.9-month span, the combined holdings of the mighty GLD and IAU gold ETFs unbelievably slumped 0.4%! Big global demand catapulted gold higher while Americans ignored it, led by Chinese investors, central banks, and Indian jewelry buyers. Despite gold pulling back since the elections, this monster upleg remains alive and well. Amazingly it has […]
Market Size of Midstream Oil and Gas Equipment
Midstream Oil And Gas Equipment Market Size Report Overview The Global Midstream Oil And Gas Equipment Market size is expected to be worth around USD 70.4 Bn by 2033, from USD 28.4 Bn in 2023, growing at a CAGR of 9.5% during the forecast period from 2024 to 2033. Midstream Oil & Gas Equipment refers to the infrastructure and technology […]
After Earnings: Should You Buy, Sell, or Hold Oracle Stock?
Oracle ORCL released its fiscal second-quarter earnings report on Dec. 9. Here’s Morningstar’s take on Oracle’s earnings and stock. Fair Value Estimate for Oracle With its 3-star rating, we believe Oracle’s stock is fairly valued compared with our long-term fair value estimate of USD 195 per share, which implies a fiscal 2025 enterprise value/sales multiple […]
BC Mining Organizations Opposed to Permitting Delays and Economic Impact Assessment
This week, the Mining Association of British Columbia (MABC) and tye Association for Mineral Exploration (AME) argued that the Dec. 11 report ignored key issues in the province’s regulatory framework. As a result, it harmed the province’s image on global competitiveness, they said. MABC CEO Michael Goehring called the study’s methodology unsound and its conclusions […]
Is Canada Facing a Recession?
With the unemployment rate rising and the Bank of Canada scrambling to unwind high interest rates, one question is growing in importance: Will the Canadian economy avoid a recession? Some analysts argue that strong population growth and a targeted monetary policy will help avert a recession. Others argue the country is already in a stealth […]
Broadcom Earnings: Promising Projections for AI Revenue
Key Morningstar Metrics for Broadcom What We Thought of Broadcom’s Earnings Broadcom AVGO reported October-quarter revenue of USD 14.1 billion, up 8% sequentially. In the longer term, management also estimated its serviceable addressable market for artificial intelligence chips at its three largest customers to be USD 60 billion- USD 90 billion in fiscal 2027. The […]
Volkswagen Acquires $48 Million Stake in Lithium Company
Volkswagen Purchases Stake in Lithium Firm for $48 Million Volkswagen’s Strategic Shift: Investing in Lithium to Power EV Growth As the automotive industry accelerates its transition to electric vehicles (EVs), leading manufacturers are competing not just in vehicle production but also in securing critical raw materials for battery production. Volkswagen Group’s recent investment illustrates a […]
Silicon Metals Modifies Offering Terms and Finalizes $294,645 Initial Tranche – Silicon Metals Corp
Silicon Metals Announces Amended Terms of Offering and Closes $294,645 Initial Tranche – Silicon Metals Corp Silicon Metals Corp. has amended its non-brokered flow-through private placement, closing an initial tranche for gross proceeds of $294,645 by issuing 4,533,000 flow-through units at $0.065 each. The total proposed offering has increased to 5,384,615 units, with anticipated proceeds […]
Brent Crude Oil Prices Struggle as Market Anticipates Fed Decision: Is Range Trading on the Horizon?
Brent Crude Oil Prices Toil as Market Awaits Fed Decision. Range Trading Ahead? Most Read: USD/JPY rises ahead of BoJ meeting Oil prices arrested a two day s;ump today to trade around 1% higher heading into the FOMC meeting. The early European session gains were largely down to lackluster overnight Crude stockpile numbers from the […]