Opinion: With the recession looming, California’s unemployment insurance coverage should be fastened | Jobi Cool

Picture courtesy of EDD. California’s latest political historical past is plagued by episodes of short-sighted and irresponsible governance. We are actually experiencing one instance – a long time of neglect of the state’s water infrastructure, which leaves us ill-prepared to cope with each droughts and periodic floods. Amongst many different examples, although much less flamboyant, … Read more

Oil costs fall on international recession gloom | Jobi Cool

MELBOURNE, Jan 17 (Reuters) – Oil costs fell in early commerce on Tuesday as recession fears dominated the headlines from the World Financial Discussion board assembly in Davos, draining the optimism that fueled the market final week concerning the prospect of a restoration in gasoline demand from the most important oil importer China. Brent crude … Read more

Opinion: Do not be fooled, the recession is actually coming | Jobi Cool

Editor’s word: Lakshman Achuthan and Anirvan Banerji are co-founders of the Financial Cycle Analysis Institute (ECRI), which units recession dates for 22 economies all over the world. The opinions expressed on this commentary are their very own. See extra opinions on CNN. CNN — Fears of a US recession are at the moment widespread. However … Read more

Column: Traders abandon bullish oil positions as recession looms | Jobi Cool

LONDON, Dec 12 (Reuters) – Portfolio traders had been huge sellers of oil for a fourth straight week as the sleek implementation of Russia’s worth cap introduced weak point within the financial system and oil demand into sharper focus. Hedge funds and different cash managers offered the equal of 30 million barrels within the six … Read more