Western Sanctions Bite Russian Economy, but Pose Unpredictable Risks

Western-Sanctions-Bite-Russian-Economy_-but-Pose-Unpredictable-Risks-by-bloomberg-subscription

Despite short-term recession and long-term harm, Russia’s behavior may not change, and Western governments face complex potential repercussions. The conventional wisdom until last week was that sanctions had limited influence on a nation state, especially one as large as Russia. That wisdom may need to be revisited. The sanctions leveled at Russia for its invasion […]

ZOM In The News – Zomedica Stock is Off To a Rough Start Today

Zomedica Pharmaceutical by First American News LLC

First American News LLC, Raleigh NC: following the war in Ukraine, some stocks are off to a bad start this Monday. Zomedica closed last Friday at $0.35 down 3.32% from previous close at $0.36. Zomedica News – ZOM reported its last quarter earnings this past Friday and it announced revenues and gross margin for the […]

Russian Forces Close In on Ukraine’s Capital as Kyiv Prepares to Fight

UKRAINE-RUSSIA-CONFLICT

First American News LLC-Raleigh, NC: Russian forces closed in on Kyiv, attacking by land and air on Friday, while Ukrainian soldiers and civilians dug in to defend the capital. Ukraine’s president vowed not to surrender. Moscow signaled an openness to talks with Kyiv. But shortly after, Russian President Vladimir Putin excoriated Ukrainian counterpart Volodymyr Zelensky, […]

S&P 500 Falls Into Correction Territory as Russian Troops Enter Ukraine Region

S_P-500-Falls-Into-Correction-Territory-as-Russian-Troops-Enter-Ukraine-Region-by-bloomberg-subscrip

First American News LLC-Raleigh, NC: All three major stock indexes fell at least 1% after the White House called Russia’s deployment of troops into two breakaway areas of Ukraine “the beginning of an invasion.” Tensions escalated Monday after Russia moved soldiers into Ukraine’s eastern Donbas region, where Russian President Vladimir Putin has recognized two statelets […]

U.S. Home Sales Jumped 6.7% in January Amid Record-Low Inventory

U.S. Home Sales Jumped 6.7% in January Amid Record-Low Inventory by Bloomberg Subscription

First American News LLC-Raleigh, NC: Buyers snapped up houses across the country as mortgage rates climbed. The hot U.S. housing market extended into the new year as buyers rushed to purchase homes in the face of record-low inventory and climbing mortgage rates. Get 5-Years of The Wall Street Journal Digital News For $59 Existing-home sales […]

Walmart Has Kept Strong Sales Throughout The Pandemic Period And Increased Cost To Boost Its Business

Walmart Withstands Pandemic Blows, Higher Costs to Boost Business by Bloomberg Subscription

First American News LLC-Raleigh, NC: Walmart Inc. is the country’s largest retailer by revenue has helped it navigate higher supply-chain and wage costs, labor shortages, and rising prices. During an interview, the retailer said it expects stronger sales this year. On Thursday Walmart reported stronger sales over the winter holiday shopping season and said it […]

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