past resistance to the market breakout;  Painful Tesla transmission

past resistance to the market breakout; Painful Tesla transmission

The stock market rally has picked up steam in the past week, with solid gains, and clearing key levels. The S&P 500 briefly encountered resistance at the 200-day line, but moved above that key level on Friday. A large number of blue-chip stocks flashing points of purchase. X Dow futures will open Sunday evening, along …

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This procedural tool can prevent Kevin McCarthy from blowing up the economy

This procedural tool can prevent Kevin McCarthy from blowing up the economy

Kevin McCarthy won the House speakership in part by making himself hostage to die-hard Republicans, pledging a high-stakes showdown over issues such as funding the government and preventing a breach of the debt ceiling. And he can use his power over the House agenda to make good on that promise, blocking bills on these topics …

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Business summaries for the period 1-14-23

Business summaries for the period 1-14-23

The executive director of the Wyoming Energy Authority announced his resignation The Wyoming Energy Authority announced that Glenn Morrill intends to step down as CEO, effective March 1. WEA was created in 2020 by the Wyoming State Legislature by merging the Wyoming Infrastructure Authority and the Wyoming Pipelines Authority; Morrell was the inaugural director of …

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Slime, Mold, and Destruction: California Businesses Facing Catastrophic Damage |  CNN Business

Slime, Mold, and Destruction: California Businesses Facing Catastrophic Damage | CNN Business

New York CNN – The Wharf House sits at the end of a long wooden pier in California that juts out over the Pacific Ocean. It is almost completely inaccessible now. The Wharf House Restaurant, an iconic establishment for residents of the coastal Santa Cruz County town of Capitola, sits alone, damaged, with an uncertain …

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Collateral Attorney Employment in a Weak Economy: Divergent Trends Across Practice Areas--Above the Law

Collateral Attorney Employment in a Weak Economy: Divergent Trends Across Practice Areas–Above the Law

2022 saw a decline In the lateral hiring of lawyers, as inflation and high interest rates slowed corporate activity and lending, law firms found themselves overstaffed after record hiring in 2021. Unfortunately, we’ve also seen layoffs recently, mainly by companies that rely particularly heavily on technology. Strip is currently besieged. Despite these developments, overall levels …

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Markets Rise on Epic Foreign Influx as Internet Stocks Climb Wall of Worry, Week in Review

Markets Rise on Epic Foreign Influx as Internet Stocks Climb Wall of Worry, Week in Review

China last night Crane a week in review China CPI for December was released at +1.8% vs +1.6% in November, meeting expectations of 1.8%. On Wednesday, the World Bank halved its global GDP growth forecast for 2023, though it expects China’s GDP growth to be ahead of the pack. The China Passenger Vehicle Association released …

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5 ways to expand your business globally

5 ways to expand your business globally

opinions expressed Entrepreneur Shareholders are theirs. The potential for exponential growth associated with global expansion is alluring for Internet businesses – especially service-based businesses. Gaining a first-mover advantage in new markets is often a more cost-effective way to secure market share than penetrating a crowded and highly competitive market. Global expansion provides diversification and reduces …

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US inflation is loosening its grip on the economy, falling for the sixth month

US inflation is loosening its grip on the economy, falling for the sixth month

By Christopher Rugaber (Associated Press economics writer) WASHINGTON (AP) – Rising consumer prices eased again last month, fueling hopes that inflation’s grip on the economy will continue to loosen this year and may require less aggressive action by the Federal Reserve to bring it under control. On Thursday, the government said inflation eased to 6.5% …

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