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Ocean freight orders signal sharp drop in consumer demand

Ocean freight orders signal sharp drop in consumer demand

For the shipping industry to halve its carbon footprint by 2050, promising technology will have to become reality, and efficiencies will also have to increase. Lucy Nicholson | Reuters A major consumer pullback is evident in ocean shipping, with logistics officials telling CNBC they saw a 20% decline in ocean freight orders for the months …

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Bed Bath & Beyond announces 28% drop in sales as it continues its turnaround plan

Bed Bath & Beyond announces 28% drop in sales as it continues its turnaround plan

Bed Bath & Beyond said Thursday that sales fell 28% in the second fiscal quarter as the home goods retailer struggled to attract customers. Shares rebounded in premarket trading as investors assessed the report. The company’s stock has been volatile, fueled in part by the meme stock frenzy as well as drastic changes to its …

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Bitcoin, Ethereum, Dogecoin Rise Despite Hawkish Fed: Analyst Says Waiting For 'Bigger Drop' Will Be Longer - Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

Bitcoin, Ethereum, Dogecoin Rise Despite Hawkish Fed: Analyst Says Waiting For ‘Bigger Drop’ Will Be Longer – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

Bitcoin and Ethereum traded in the green on Thursday evening, as the global cryptocurrency market cap rose 4.9% to $943.7 billion as of 8:19 p.m. EDT. Price performance of major coins Piece of money 24 hours 7 days Price Bitcoin BTC/USD 4.7% -1.6% $19,386.98 Ethereum ETH/USD 6.6% -9.6% $1,330.52 Dogecoin DOGE/USD 4.2% 1.6% $0.06 Top …

Bitcoin, Ethereum, Dogecoin Rise Despite Hawkish Fed: Analyst Says Waiting For ‘Bigger Drop’ Will Be Longer – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD) Read More »

Bitcoin, Ethereum Drop, Dogecoin Flat: Analyst Sees 'Spike in Crypto Pessimism' Ahead of 'Fed Fireworks' - Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE /USD)

Bitcoin, Ethereum Drop, Dogecoin Flat: Analyst Sees ‘Spike in Crypto Pessimism’ Ahead of ‘Fed Fireworks’ – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE /USD)

Major coins fell Tuesday evening, with the global cryptocurrency market capitalization dropping 2.5% to $921.9 billion as of 8:18 p.m. EDT. Price performance of major coins Piece of money 24 hours 7 days Price Bitcoin BTC/USD -3.15% -6.3% $18,935.15 Ethereum ETH/USD -3.5% -15.7% $1,328.70 Dogecoin DOGE/USD 0.2% -2% $0.06 Top 24 hour gainers (data via …

Bitcoin, Ethereum Drop, Dogecoin Flat: Analyst Sees ‘Spike in Crypto Pessimism’ Ahead of ‘Fed Fireworks’ – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE /USD) Read More »

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns

Not exactly TGIF this Friday. What the seller is slowly realizing is not only that the Fed is going to be aggressive in September after the shocking latest inflation figure, but that the central bank will have to hold rates higher and for longer. The British pound GBPUSD, -0.45%, in some ways a proxy for …

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