News & Perspective

Keep current on recent E.J. McKay news & industry trends.

Consumption boom continues on Mother’s Day weekend

The domestic travel market embraced another peak during the weekend, as many consumers took short trips to celebrate Mother’s Day, which fell on Sunday, carrying forward the May Day holiday consumption momentum. Young…

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Warren Buffett, Charlie Munger discuss profits, AI and more at Berkshire Hathaway meeting

Buffett and his partner Charlie Munger spent all day Saturday answering questions at the annual shareholders meeting for his Berkshire Hathaway conglomerate inside a packed arena in Omaha. New things “New things coming along doesn’t take away the opportunities.…

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China’s air passenger trips to reach 9 million during May Day holiday

China’s air passenger trips are expected to reach 9 million during the upcoming May Day holiday, according to the Civil Aviation Administration of China. 6 million Flight bookings have already exceeded 6 million,…

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The military has taken over in Sudan. Here’s what happened

Sudan has descended into crisis after the military dissolved the country’s power-sharing government and declared a state of emergency on Monday. The move has crushed hopes for a peaceful transition of power following the ousting…

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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.…

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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…

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