As the New Year beckons, investors are evaluating where to put their money.
The huge rally in U.S. stocks in 2013 is probably behind us, but Peter Cardillo, Chief Market Economist for Rockwell Global Capital said that equities still have room to grow as the economy gets stronger. “I don’t think we’ll have the strength of the market that we saw back in 2013. Continue reading “Where to Invest in 2014 | Carmen Roberts Reports”
Popular Irish online bookmaker Paddy Power is taking bets on who will become the next chair of the Federal Reserve in January. Continue reading “Odds on Fed Fav | Carmen Roberts Reports”
U.S. refiners are in the midst of a surprise export boom.
Normally in the summer refiners do a brisk business selling fuel close to home – revving up gasoline production for the peak driving season. Continue reading “Surprising Oil Export Boom | Carmen Roberts Reports”
New York City is in the grips of a deadly heat wave. The excessive heat, hitting 100 degrees Fahrenheit with heavy humidity, makes it feel like 105.
Scientists say rising temperatures could make the city even deadlier over the next few decades, a trend that should alarm the world. Average temperatures have climbed more than 3.5 degrees over the last century. While that may not seem like a lot, it could be the difference between life and death. By 2020 heat related deaths in New York may jump by 20 percent. Continue reading “Deadly Heat Wave Grips NYC | Carmen Roberts Reports”
A new wave of foreign investors is scooping up real estate in the United States. Cash-rich Chinese are buying trophy commercial properties and an increasing number of homes.
Continue reading “Cash-Rich Chinese Buying Spree | Carmen Roberts Reports”