Description: The head of Calgary-based natural gas producer Pieridae Energy Ltd. said he’s fielding inquiries from the federal government over how the company’s proposed Goldboro liquefied natural gas (LNG) project could be completed quicker than anticipated. Source: BNNBloomberg.ca – video report Date: Feb 25, 2022 Link: https://www.bnnbloomberg.ca/feds-seek-to-fast-track-lng-project-amid-ukraine-attack-pieridae-ceo-1.1728976 Questions for discussion: What caused the project to… Read more »
Posts Categorized: Personal Finance
What the blockbuster Microsoft and Sony deals mean for the future of gaming
Description: Big moves are happening in the video game industry. Microsoft, the tech giant behind the Xbox console, announced plans in early 2022 to buy Activision Blizzard, the force behind “Call of Duty” and “World of Warcraft,” among other major titles. This $68.7 billion all-cash acquisition is expected to close in 2023. If approved by regulators… Read more »
Etsy CEO talks earnings, raising seller fees, and advertising to men
Description: Etsy CEO Josh Silverman joins Yahoo Finance Live to discuss the company’s earnings, its reinvestment in the platform, raising fees, and attracting male users with NFL ads. Source: Yahoo.finance.com – video report Date: Feb 25, 2022 Link: https://finance.yahoo.com/video/etsy-ceo-talks-earnings-raising-155135053.html?contentType=VIDEO Questions for discussion: Why did Etsy’s stock value shoot up? Why did it fall so dramatically… Read more »
Stock market faces the most ‘massive misallocation’ of ‘capital in the history of mankind,’ says ARK’s Cathie Wood
Description: Cathie Wood, the star fund manager and chief executive of ARK Invest, took to CNBC to defend the woeful performance of the manager’s suite of disruptive innovation funds. Source: MarketWatch.com Date: Feb 18, 2022 Link: https://www.marketwatch.com/story/stock-market-faces-the-most-massive-misallocation-of-capital-in-the-history-of-mankind-says-arks-cathie-wood-11645123885?siteid=yhoof2 Questions for discussion: What does Cathie Wood say is happening in markets? What is her advice to investors?… Read more »
Minutes show Fed ready to raise rates, shrink balance sheet soon
Description: Federal Reserve officials set plans into motion at their most recent meeting to begin raising interest rates and shed the trillions of dollars in bonds on the central bank balance sheet, according to minutes released Wednesday. Source: CNBC.com – video report Date: Feb 16, 2022 Link: https://www.cnbc.com/2022/02/16/federal-reserve-releases-minutes-from-its-january-meeting.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What are the indications… Read more »
Oil’s spectacular COVID crash set the world up for US$100 crude
Description: The two-year COVID crisis put many markets on a wild ride—just look at U.S. treasuries—but few have had a crazier time than crude oil: from total collapse in 2020 to the brink of US$100 a barrel today. Source: BNNBloomberg.ca – video report Date: Feb 17, 2022 Link: https://www.bnnbloomberg.ca/oil-s-spectacular-covid-crash-set-the-world-up-for-us-100-crude-1.1724555 Questions for discussion: Summarize the key… Read more »
Shopify shares plummet on slower growth outlook
Description: Shopify Inc. is bracing for a year in which the COVID e-commerce boom that propelled tech companies to record growth levels begins to wane. Source: FinancialPost.com Date: Feb 16, 2022 Link: https://financialpost.com/news/retail-marketing/shopifys-revenue-grows-41-beating-expectations Questions for discussion: What caused the stock price to slide? What is the company doing to meet the challenges? What do you… Read more »
5 years ago, these women launched a side hustle for Black figure skaters — now Olympians are wearing their tights
Description: Today, their start-up Aurora Tights says it’s the country’s most inclusive hosiery brand, designing tights for hundreds of figure skaters, dancers, cheerleaders and gymnasts. That includes Team USA pairs skater Ashley Cain-Gribble, who is competing in the 2022 Winter Olympic Games in Beijing. Source: CNBC.com Date: Feb 17, 2022 Link: https://www.cnbc.com/2022/02/17/aurora-tights-how-side-hustle-for-black-ice-skaters-got-to-olympics.html Questions for discussion: What… Read more »
Americans are paying more for worse stuff, study finds
Description: Measured by consumer prices, U.S. inflation is the highest in 40 years. Look at what Americans are actually getting for their money and the rate may be even higher, according to researchers at the University of Michigan. Source: BNNBloomberg.ca – video report Date: Feb 17, 2022 Link: https://www.bnnbloomberg.ca/americans-are-paying-more-for-worse-stuff-study-finds-1.1724841 Questions for discussion: What does the… Read more »
How Should Investors Value Gold?
Description: Investors of all kinds have always been lured by the king of metals, and even the most hardnosed of them know it holds extra value for those who adorn themselves with it. Wharton finance and economics professor Urban Jermannhas devised a new approach to capture that extra value in gold jewelry, allowing investors a better… Read more »
