Traders are set to return from last week’s holiday-shortened week to a bevy of new economic data on the labor market, as well as a handful of corporate earnings results.
Dividends have been under a lot of pressure this year. Two big-time dividends that might be the next ones on the chopping block are those from oil giant ExxonMobil (NYSE: XOM) and pipeline operator ONEOK (NYSE: OKE). ExxonMobil's dividend seems to be hanging by a thread.
Cutting UK overseas aid in the name of Covid fiscal prudence is pure nonsenseIn economic terms Rishi Sunak’s saving of up to £4bn is chickenfeed, stupendously bad value for money and hence politically inept