Those who believed in the hype and hype and didn’t get out in time were swept away. By Wolf Richter for WOLF STREET. Palantir Technologies, which went public in September 2020 via a direct listing amid massive hype and hype, has now earned a coveted spot in my Implosed Stocks column. Today, Palantir reported another … Read more
The Volkswagen boss called on the EU to pursue a negotiated settlement of the war in Ukraine for the sake of the continent’s economy, an intervention that challenges the position taken by European leaders. “I think we should do everything we can to really stop this war and get back to negotiations and start trying … Read more
Canary Islands CEO Dan Eberhart stresses the need for policies that support increased oil supply to alleviate prices at the pump. Gas prices hit a new all-time high on May 10, 2022, amid rising inflation and President Biden’s restrictions on oil and gas production. According to the AAA average gas price calculatorthe national average cost … Read more
Diesel fuel prices have reached record highs, adding to already record inflation in the United States. But most Americans don’t drive diesel-powered cars, and many have turned to electric vehicles (EVs) to avoid the ever-increasing pain at the pump. So how would diesel supply shortages – and the resulting exorbitant prices – affect you or … Read more
Canary Islands CEO Dan Eberhart stresses the need for policies that support increased oil supply to alleviate prices at the pump. Gas prices hit a new all-time high on May 10, 2022, amid rising inflation and President Biden’s restrictions on oil and gas production. According to the AAA average gas price calculatorthe national average cost … Read more
Dirt, the entertainment and culture newsletter that became one of the first newsletters to fund itself solely using NFTs alone, raised a $1.2 million seed round, its publisher Kyle Chayka told Axios. and its editor Daisy Alioto. Why is this important: Most media companies that rely on Web3 technology operationally also cover Web3. Dirt aims … Read more
Truck drivers, like the one pictured here in Shanghai in late April, generally must present valid negative virus tests in order to move goods between cities in China. The American Chamber of Commerce in China said members reported varying implementation of Covid controls by city and province. CGV | Visual Group China | Getty Images … Read more
According to Politico, Russian soldiers trapped the body of a Ukrainian man in the trunk of his own car. His wife discovered his body and then brought in Ukrainian troops to help move him, fearing a trap. When they tried to pull it out of the trunk with a rope, the car “exploded in a … Read more
OPINION: The good news is that inflation will stop. The bad news is that, given who makes economic policy, it is more likely to end badly than well. The right way to end inflation is to reduce the rate of government spending so that it grows at a slower rate than economic growth. The result … Read more
As companies return to the office, employees take on the workload of those who took part in the “great resignation”. The number of Americans quitting their jobs hit a new high in March as the ‘Great Quit’ drags on, and a new study revealing workers’ plans for the future shows the trend is set to … Read more