Kennedy host joins energy analyst Phil Flynn and Democratic strategist Kristen Hawn to discuss the fuel shortage on Your World
This is a rush transcript from Your World, May 12, 2021. This copy may not be in its final form and may be updated.
CHARLES PAYNE, FOX NEWS ANCHOR: Fox on top of American consumers on their seats, with prices on everything soaring. And now fuel shortages from the pipeline hack are hitting, gas just crossing $3 a gallon for the first time in seven years.
Hello, everyone. I m Charles Payne, in for Neil Cavuto, and this is YOUR WORLD.
And it s a very expensive world for everyday Americans. And we have got you covered.
The market weighs the prospects of the new commodity super cycle
Ten years have passed since the last commodity market boom. This was triggered by the rise of China as a global economic power, and it finally lost its momentum.
However, the wide-ranging rebound has pushed the prices of key raw materials including copper, wood and iron ore to record highs, while also boosting agricultural products. The commodity “super cycle” has arrived.
But what is the commodity price super cycle, and what makes it different from the short-term boom and bust business cycle?
What is a super cycle?
Although there is no accepted definition of a super cycle, it is usually used to describe a period in which commodity prices exceed their long-term trend for 10 to 35 years.
Some Wall Street banks are gearing up to get more workers back to office this summer.
Goldman Sachs is reopening its US offices on June 14 and its UK offices a week later.
Here s the latest on what big banks are telling employees.
Some Wall Street banks are pushing ahead to get employees back in the office by mid-summer.
After more than a year at home, during which bankers and traders had to adjust to dealmaking over Zoom and trading remotely, firms are setting timelines and procedures to bring employees back to the office.
Some Wall Street executives have been vocal about their belief that long-term remote work is detrimental to productivity and young bankers learning on the job. Meanwhile, long workweeks at home have been tough on junior bankers and are contributing to burnout.
The Bitcoin price rallied today as the market reacted to the relatively weak US dollar and the sliding Treasury yields. Bitcoin rose to $60,000, $2,00.
Why it may be time to buy airline stocks Adam Shapiro
Some Wall Street analysts say it s time to add airlines to your portfolio now that it appears they have weathered the worst of the coronavirus pandemic.
Popular Searches It s a matter of letting the vaccine distribution play out, American Airlines Chief Revenue Officer Vasu Raja told Yahoo Finance Live. Demand is currently at between 40% to 45% of its 2019 levels, our revenues trail that may be about 30%. But every day is a little bit better.
American (AAL) stock is up 30% year-to-date and up 67% over the past six months. At Delta (DAL) shares are up 20% year-to-date and 75% over the past six months. United (UAL) is up 15% and 51% for the same time periods while Southwest (LUV) is up 22% and 61%.