Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Lower oil prices bring relief to consumers

Published

on

Benchmark oil prices are also much lower than the record highs seen last year

 
Global economic headwinds will keep oil prices from rising this year despite a rebound in China and OPEC+ cuts, according to a recent Reuters poll.

Compared to the $84.73 consensus in May, 37 economists and analysts forecast Brent crude to average $83.03 a barrel in 2023.

After shedding about 13% so far in 2023, the global benchmark was seen averaging $83.28 in the third quarter before surging above $86 in the next two.

In addition, U.S. crude oil prices have been lowered to $78.38 a barrel in 2023 from $79.20 last month.

Global oil prices surged last year due in part to the sanctions placed on Russia over its invasion of Ukraine, however have stabilised in the months since.

“With fears of a recession globally oil prices have started to cool,” said Chris Ford from Compare the Market.

Continue Reading

Money

Ferrari’s debut high-performance electric vehicle will be priced above $500,000

Published

on

Ferrari has unveiled details about its inaugural electric car, slated to be priced upwards of $500,000, as first reported by Reuters.

This announcement comes amidst growing global interest and competition in electric vehicles, with Ferrari aiming to blend its iconic design prowess with sustainable technology.

The Italian automaker, renowned for its high-performance sports cars, is expected to maintain its commitment to superior craftsmanship and engineering excellence in its electric offering.

Following the EV announcement, Ferrari also confirmed plans to establish a new manufacturing plant aimed at enhancing production flexibility and significantly reducing car development times.

Mike Costello from Cox Automotive joins to discuss the latest in EVs. #featured #trending

Continue Reading

Money

Nvidia surpasses Microsoft as the most valuable company in the world

Published

on

Nvidia has emerged as the world’s most valuable company, surpassing Microsoft with a market value of over $3.3 trillion.

This shift comes on the heels of Nvidia’s consistent growth in the semiconductor sector and its strategic advancements in artificial intelligence and gaming technologies.

This milestone marks a significant validation of Nvidia’s aggressive expansion and innovation strategies under CEO Jensen Huang, who has steered the company towards dominance in high-performance computing.

Continue Reading

Money

Finance expert empowers his social audience with accessible wealth tips

Published

on

The right strategy can change the game for your financial freedom. Meet the advisor making his tips accessible to all.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by James Wrigley, Financial Advisor at First Financial. #wyld money #trending

Continue Reading

Trending Now