US retreats after FOMC mega-hike The US dollar gave back some recent gains overnight post-FOMC as Powell’s comments post-meeting were interpreted as implying a less aggressive scale of rate hikes. To me, that is a Read more…
BoE raises the Bank Rate by 25bps to 1.25%. The decision was not unanimous, with three members (Catherine Mann, Michael Saunders and Jonathan Haskel) voted for a 50bps hike. The MPC said it will take Read more…
Monetary Policy Summary, June 2022 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its Read more…
A 25-basis-point hike is priced in, but will the BoE deliver a surprise? Today’s policy decision from the Bank of England comes hot on the heels of the US Federal Reserve’s 75 basis point hike Read more…
The crypto industry is young, and prone to scammers, who use different schemes to trick investors. Here are some red flags. “I don’t trust crypto; it’s a scam.” Investors often say this when they talk Read more…
It’s time to plan your road trip. These 30 RV getaway spots are ranked based on cost, amenities, internet speed, pet polices, air quality, and more. If it seemed like the pandemic produced a lot Read more…
Bitcoin was down 0.7% on Wednesday, ending it near $21.8K, although it was a hair away from $20K in the first half of the day. Ethereum gained 5% in the past 24 hours, losing 35% Read more…
“Consumer demand for our products remains strong, but our challenging capital structure has limited our ability to navigate macro-economic issues,” said CEO Debra Perelman. Revlon (REV) – Get Revlon Inc. Report shares slumped lower in pre-market Read more…
Surging input costs are hitting carmakers around the world, with Tesla quietly unveiling U.S. model price hikes heading into the close of a challenging quarter. Tesla (TSLA) – Get Tesla Inc. Report shares moved lower Thursday Read more…
Camo, an app that lets you use an iOS, Android, or iPadOS device as a webcam for your computer, is introducing a new feature that could be very interesting for streamers and those who take Read more…