On Thursday, UBS provided insights into the recent dynamics of oil prices, noting that geopolitical tensions had initially prompted a surge in above $90 per barrel. This increase was linked to concerns about the potential for a broader regional conflict.However, the firm observed that the initial price spike due to…

AUD/USD falls back down below 0.6500 after US Q1 GDP data reveals persistent price pressures.  The pair reverses the strong rally that has characterized price action over the past week.  The Fed is now seen not cutting interest rates till September whilst the consensus for the RBA is November.  AUD/USD…

Blockchains as we know them have been around now for over 15 years. Yet, the applications for interacting with them are still stubbornly hard for the average person to use, despite the many brilliant minds in the industry. This has been a problem for so long that the way we…

DEROIT – Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a “comprehensive EV value chain,” the Japanese automaker announced Thursday.The company said the new North American EV epicenter will include new assembly and battery plants as well as other facilities to…

POLITICS

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President Joe Biden’s reelection campaign is making a new digital ad buy in Pennsylvania aimed specifically at targeting Nikki Haley supporters, campaign officials told CNN, marking the latest sign of the Biden team’s growing efforts to try to woo would-be Republican voters who find Donald Trump unacceptable. The decision to direct additional resources – which the officials described as part of a “mid-six figures” ad buy – toward courting Haley backers in Pennsylvania was prompted by the state’s Republican primary contest on Tuesday. The president’s campaign saw those results as a serious warning sign for Trump – and an opportunity…

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Investing

In its earliest days Buick had a reputation for engineering innovation and raw speed. Swiss-born race driver Louis Chevrolet made his name, in part, driving Buicks on race tracks around the country. In the 21st Century, though, Buick, which celebrates its 125th anniversary this year, has been a quiet spot…