Author: Jon Delaney

IDEA address: TJqAxZoBvah9EDGiN8xDFDyL2J4xrgn7bq
M2 money supply in the US continues to decline
4. 1. 2025 No Responses

M2 money supply in the US continues to decline

The chart from FRED shows the ratio of M2 to the nominal product of the US economy. It also shows the trend, where the correlation was visible especially after the Global Financial Crisis until 2020. After this period, the money...
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TSMC Lands $6.6 Billion in US Funding to Build Advanced Chip Plants in Arizona
16. 11. 2024 No Responses

TSMC Lands $6.6 Billion in US Funding to Build Advanced Chip Plants in Arizona

TSMC’s new facilities in Arizona will power next-gen tech, including 5G/6G and AI applications, starting early 2025. The United States has agreed to provide up to $6.6 billion in direct funding to Taiwan Semiconductor Manufacturing Co. (TSMC) to build advan...
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Hertz: Accumulating Losses From Risky Bet on Tesla EVs
12. 11. 2024 No Responses

Hertz: Accumulating Losses From Risky Bet on Tesla EVs

Hertz Global Holdings Inc. crashed after the company reported a worse-than-expected loss stemming from the rental-car company’s risky bet on electric vehicles and heavy depreciation costs that have pummeled earnings for the past year. The company posted an a...
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Boeing to Begin Temporary Layoffs Because of Strike
19. 9. 2024 No Responses

Boeing to Begin Temporary Layoffs Because of Strike

The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union. Boeing will start furloughing tens of thousands of employees in the coming days as it seeks...
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Intel: $36 Billion Hillsboro Investment
22. 3. 2024 No Responses

Intel: $36 Billion Hillsboro Investment

Intel announces $36 Billion Hillsboro investment following $8.5 Billion federal funding commitments. Oregon is one of the four states getting a share of $100 billion in planned spending by the tech giant. Intel is rolling out $100 billion in spending...
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MQ-9B SeaGuardian Drone Tested in ASW Role
21. 3. 2024 No Responses

MQ-9B SeaGuardian Drone Tested in ASW Role

On Feb. 27, 2024, General Atomics Aeronautical Systems, Inc. (GA-ASI), in cooperation with the Naval Air Systems Command (NAVAIR), conducted a series of tests on GA-ASI’s Sonobuoy Dispensing System (SDS) using the MQ-9B SeaGuardian® Unmanned Aircraft System...
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US Aims To Restock Strategic Oil Reserves By Year-End
20. 3. 2024 No Responses

US Aims To Restock Strategic Oil Reserves By Year-End

The Biden admin aims to have crude in the SPR back up to the levels before the massive sales of 180 million barrels in the past two years, U.S. Energy Secretary Jennifer Granholm said at the CERAWeek energy conference in Houston. The...
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Iraq and China started building 15 new cities in Iraq
29. 12. 2023 No Responses

Iraq and China started building 15 new cities in Iraq

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Aon to Buy NFP for $13.4 Billion
20. 12. 2023 No Responses

Aon to Buy NFP for $13.4 Billion

Aon said it has signed an agreement to acquire NFP—a middle market property and casualty broker—for about $13.4 billion in cash and stock. “The acquisition of NFP expands Aon’s presence in the large and fast-growing middle-market segment, with capabili...
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India: 135 million Indians lifted out of poverty
7. 12. 2023 No Responses

India: 135 million Indians lifted out of poverty

The country is maintaining “momentum” as the world’s fastest-growing major economy. India has lifted 135 million people out of poverty in the past five years and remains the world’s “fastest-growing” major economy, Finance Minister Nirmala Sithar...
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Texas Attor­ney Gen­er­al Ken Pax­ton Sues Pfiz­er and Tris for Pro­vid­ing Adul­ter­at­ed Phar­ma­ceu­ti­cal Drugs to Children
21. 11. 2023 No Responses

Texas Attor­ney Gen­er­al Ken Pax­ton Sues Pfiz­er and Tris for Pro­vid­ing Adul­ter­at­ed Phar­ma­ceu­ti­cal Drugs to Children

The Office of the Attorney General’s Civil Medicaid Fraud Division has sued Pfizer, Inc., Tris Pharma, Inc. and Tris CEO Ketan Mehta for defrauding the Texas Medicaid program by providing adulterated pharmaceutical drugs to Texas children in violation of the...
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Cornell University Study: Exporting US Fracked Gas Is Far Worse for the Climate Than Coal
15. 11. 2023 No Responses

Cornell University Study: Exporting US Fracked Gas Is Far Worse for the Climate Than Coal

If all proposed export terminals are built, the climate-warming emissions would be equivalent to 532 coal plants. Fed by a glut of methane produced in the vast fracking fields of Texas and other states, the U.S. fossil fuel industry has...
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Moody’s Cuts USA’s Aaa Rating Outlook To ‘Negative’
10. 11. 2023 No Responses

Moody’s Cuts USA’s Aaa Rating Outlook To ‘Negative’

After a disastrous 30Y bond auction this week, a collapse in Treasury market liquidity, and an accelerating rise in the market’s perception of the United States’ credit risk, Moody’s has just cut its outlook on US credit ratings to negative ...
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JinkoSolar’s new PV panel: Conversion Efficiency of 26.89%
8. 11. 2023 No Responses

JinkoSolar’s new PV panel: Conversion Efficiency of 26.89%

JinkoSolar Holding Co., Ltd. (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it has achieved a major technical breakthrough for its 182 mm high-efficiency N-type monocrystalline silicon solar ce...
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FTC: Amazon made $1 billion through secret price raising algorithm
2. 11. 2023 No Responses

FTC: Amazon made $1 billion through secret price raising algorithm

Amazon com used a series of illegal strategies to stay on top of online retailing including using an algorithm to push up prices to U.S. households by more than $1 billion, the Federal Trade Commission (FTC) said in a less-redacted...
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