With a US CPI print higher than expected and a known hawk on the wires (Bullard), markets began to speculate that an interest rate hike by the Federal Reserve could come before the Fed’s next Read more…
The preliminary reading for the February Michigan Consumer Sentiment was 61.7 vs an expectation of 67.5 and a January reading of 67.2. This was the lowest reading since October 2011! Most of the miss was Read more…
It has been one hell of a week in the markets, and a Super Thursday for volatility. Consumer inflation once again exceeded expectations in the US, rising to its highest level since 1982 at 7.5 Read more…
How will central banks respond? Inflation and interest rates have been at the forefront of investors’ minds so far this year and that’s unlikely to change for some time yet. Earnings season provided a welcome Read more…
There’s only chain pie this country can mostly agree on. The Super Bowl is this weekend, which traditionally means America is getting ready for an evening of salads and catching up on the latest Zadie Read more…
Since the end of 2020, the 20 wealthiest families’ collective wealth has exceeded the gross domestic product of Singapore and Hong Kong. Billionaires globally have faced logistical challenges during the pandemic, as property values have Read more…
BMO chooses Broadcom, Pfizer, Cigna, Fortune Brands, Ross Stores, Parker-Hannifin, CSX and International Paper. In this market environment, stocks that have “growth at a reasonable price” are attractive, said BMO strategists led by Brian Belski. Read more…
The Vegas property, which just dropped its indoor mask requirement, may have a major attraction back on its schedule. Superstar British singer Adele who cancelled her Las Vegas residency at Caesars Palace last month might turn Read more…
The Super Bowl is one of the biggest spending and earning events of the year. Here’s what that means. Final preparations for Super Bowl LVI between the Los Angeles Rams and Cincinnati Bengals in L.A. Read more…
Enlarge (credit: Getty Images) Authorities in Spain said they broke up a SIM-swapping crime ring that used identity theft and falsified documents and texts to target victims’ bank accounts. In a press release, Spain’s National Read more…