Press "Enter" to skip to content

Posts published in “Uncategorized”

Stock market news live updates: Stocks extend losses to cap worst quarter in 2 years

Stocks fell Thursday to close out a turbulent quarter in the red as investors weighed a decision by President Joe Biden to carry out the largest oil release ever from the country's strategic petroleum reserve in an effort to mitigate spiking energy prices.[Click here to read what's moving markets heading into Friday, April 1]The S&P…

Biden Invokes Cold War Statute to Boost Critical Mineral Supply

Economy|Biden Invokes Cold War Statute to Boost Critical Mineral Supplyhttps://www.nytimes.com/2022/03/31/business/economy/biden-minerals-defense-production-act.htmlThe action aims to enhance American production of crucial materials for electric vehicles, defense systems and other technologies.Wheel loaders filling trucks with ore at the MP Materials rare earth mine in Mountain Pass, Calif.Credit...Steve Marcus/ReutersMarch 31, 2022Updated 5:17 p.m. ETWASHINGTON — President Biden took steps on…