Stock Market & Investment News

CLIMATE change produced another record-breaking year of extreme weather in Europe in 2021, triggering catastrophic flooding and the hottest summer on record, according to scientists at the Copernicus Climate Change Service. Read full story

A couple dollars more a month normally isn’t enough to move the needle, but when Americans are facing the fastest inflation in 40 years, something has got to give. And for 600,000 people in the United States and Canada, that something was their subscription to Netflix Inc. Read full story

THE hedge-fund industry’s claim that short-selling is an effective way to do environmental, social and governance (ESG) investing is questionable on several levels, according to MSCI Inc. Read full story

Dow Jones slumps over 900 points for worst daily loss in 12 years Read full story

HOUSTON: Oil slipped on Friday, posting a weekly loss of nearly 5%, on the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would tighten supply. Read full story

JAKARTA:Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. Read full story

NEW YORK:Investors are hoping a flood of U.S. quarterly reports next week, including those from megacap growth titans, will confirm a solid profit outlook for corporate America and bolster the case for stocks after a rocky start to the year. Read full story