Just a speed bump? Oil has plunged, but Goldman is still bullish

[ad_1] Pump jacks operate in front of an oil rig in an oilfield in Midland, Texas. Nick Oxford | Reuters A panic-sparked sell-off in the oil market sparked by virus concerns has put the commodity’s progress into question – but energy experts at Goldman Sachs do not appear to be shaken. Fears over the burgeoning … Read more

US housing starts rise, building permits drop to eight-month low

[ad_1] Housing starts rise 6.3% in June; May revised downwards Starts of single-family homes rose 6.3%; multi-family up 6.2% Building permits fell 5.1%; single-family homes down 6.3% WASHINGTON, July 20 (Reuters) – US housing construction rose more than expected in June, but permits for future housing construction fell to their lowest level in eight months, … Read more

The coronavirus recession in the United States lasted only 2 months, the shortest slowdown in history

[ad_1] Luke Lloyd, Investment Strategist at Strategic Wealth Partners, on what to expect from the earnings season. The United States officially emerged from the coronavirus-induced recession just two months after the economy cratered, making it the shortest but also one of the deepest downturns on record. The National Bureau of Economic Research, the semi-official economic … Read more

Jeff Bezos and Blue Origin crew return as astronauts after historic launch – CNBC Television

[ad_1] Jeff Bezos and Blue Origin crew return as astronauts after historic launchCNBC Television Who’s going to space with Jeff Bezos? 82-year-old Texan who trained to be an astronaut for years Meanwhile, Wally Funk is the star of Bezos’ Blue Origin space missionThe Late Show with Stephen Colbert Longtime aviator Wally Funk, who has ties … Read more

Israel warns Ben & Jerry’s parent Unilever of “grave consequences”

[ad_1] Israeli Prime Minister Naftali Bennett told the head of Ben & Jerry’s parent company Unilever on Tuesday that the ice cream maker’s decision to stop sales in “the occupied Palestinian territory” could have “serious consequences”. Prime Minister Bennett spoke to Alan Jope, CEO of Unilever, owner of Ben & Jerry’s, and made it clear … Read more