Renowned short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Road [since] 1980 [and] no bear market has ever traded above 9x to 14x its previous peak earnings,” the founder of Chanos and Company…
The Biden administration said on Monday it plans to end the COVID-19 public health emergency in May, more than three years after the virus began to spread in the country. The White House plans to renew the existing emergency declaration…
Inflation for December 2022 reached a 22-year high of 54.1 percent. The policy rate is attractive to businesses, marking the rate at which the Central Bank will lend to commercial banks. This also affects the average lending rate for loans…
President Cyril Ramaphosa said work was underway in government to determine whether the legal requirements for a state of disaster declaration had been met. Ramaphosa announced this in his closing speech at the national executive committee (NEC) of the African…
A political group, Gerakan Terpadu Nasional (ANIM), in collaboration with the Kaura Pressure Group (KPG), has begun mobilizing grassroots support for the All Progressives Congress (APC) candidate in Kebbi. The National Coordinator of APC ANIM, Alhaji Abubakar Sadiq-Fakai, made this…
[ad_1] The International Olympic Committee on Monday rejected harsh criticism from Ukrainian officials, accused of promoting war after the body said Russia had the potential to qualify for the 2024 Paris Olympics. Ukrainian presidential adviser Mykhailo Podoliak over the weekend…
[ad_1] Joe Biden inherited Trump’s economic failure that economists call a disaster. The tax cuts that Trump gave to the rich never paid for themselves and caused the deficit to rise by more than 1 trillion dollars and the national…
[ad_1] There is only one appropriate way to celebrate the country’s 100 years of participation in the Summer Olympics—and the Philippine Olympic Committee (POC) of Hidilyn Diaz-Naranjo’s gold medal three years ago at the Tokyo Olympics. “Hidilyn won the first…
[ad_1] Shares of Snap Inc. (NYSE: SNAP ) rose slightly on Monday. The stock has gained 22% annually. The social media company will report its fourth quarter 2022 results on Tuesday, January 31, after the market closes. Here’s a look…