News & Perspective
Keep current on recent E.J. McKay news & industry trends.
Oil prices notch biggest gain in nearly a year after OPEC’s surprise output cut
Oil prices notched their biggest gain in nearly a year after OPEC+ announced it was slashing output by 1.16 million barrels per day. Brent crude futures settled higher by 6.31%, at $84.93 a barrel.…
Qingming Festival (Tomb-sweeping Day)
Qingming Festival (also known as Pure Brightness Festival or Tomb-sweeping Day), which falls on either April 4th or 5th of the gregorian calendar, is one of the Chinese Twenty-four Solar Terms. From that date temperatures…
Why TikTok is so hard to ban in the US, according to experts
The Biden administration is under pressure to ban popular Chinese-owned social media app TikTok, but any such move likely hinges on passage of a new law that bolsters the government’s authority to regulate speech, experts…
UBS Agrees to Buy Rival Credit Suisse
Switzerland’s largest bank, UBS, agreed on Sunday to buy its beleaguered and longtime rival Credit Suisse for about $3.2 billion, the most drastic bid yet to arrest the financial panic that has swept…
Silicon Valley Bank collapse: Treasury, Fed and FDIC announce steps to ensure deposits will be paid in full
The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation announced Sunday that they will make additional funding available to ensure all Silicon Valley Bank deposits, both insured and uninsured, will be paid in full.…
THE 3 BIGGEST FALL 2023 TRENDS FROM MILAN FASHION WEEK
Milan Fashion Week had a lot of highlights, from the incredible accessories to a decidedly subdued Gucci to simply truly excellent showings from Prada, Ferragamo and Bottega Veneta. It also put forward some key Fall 2023 trends that build on what we saw on…
