News & Perspective
Keep current on recent E.J. McKay news & industry trends.
Oil prices could soon return to $100 as OPEC+ considers ‘historic’ cut, analysts say
An influential alliance of some of the world’s most powerful oil producers is reportedly considering their largest output cut since the start of the coronavirus pandemic this week, a historic move that energy…
$20 billion Figma deal is a historic coup for startup investors in an otherwise miserable year
Adobe is paying 2021 prices. It’s 2022. Wall Street hates it. Silicon Valley is thrilled. In a year that’s featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe’s $20…
What will be the impact of RMB exchange rate “breaking 7”?
After the offshore renminbi fell below the 7.0 mark against the US dollar on September 15, on September 16, the onshore renminbi also “broken 7” against the US dollar, the first time since…
Queen Elizabeth II, longest-reigning British monarch, dead at 96
Queen Elizabeth II, born Elizabeth Alexandra Mary, was the sovereign monarch of the United Kingdom and 14 other commonwealth countries, including Northern Ireland. She was the longest-reigning monarch in British history and the…
Mid-Autumn Festival (Mooncake Festival) 2022: Greetings, Traditions, Food, Stories…
Mid-Autumn Festival, Zhongqiu Jie (中秋节) in Chinese, is also called the Moon Festival or the Mooncake Festival. It is the second most important festival in China after Chinese New Year. It is also celebrated by many…
Powell Tells Jackson Hole Fed’s ‘Overarching Focus’ Is Reducing Inflation
In a speech on Aug. 26, 2022, Federal Reserve Board Chair Jerome Powell stated: “The Federal Open Market Committee’s (FOMC) overarching focus right now is to bring inflation back down to our 2% goal.” He added: “Price stability … serves as…
