With the world so myopically focused on global inflationary trends, the clear focus now falls on tomorrow’s (22:30 AEST / 13:30 BST) May US CPI report – arguably the most important economic release on the Read more…
ECB leaves interest rates unchanged today as widely expected. That is, The main refinancing rate, marginal lending facility rate and deposit rate are held at 0.00%, 0.25% and -0.50% respectively. However, it explicitly said, “the Read more…
High inflation is a major challenge for all of us. The Governing Council will make sure that inflation returns to its 2% target over the medium term. In May inflation again rose significantly, mainly because Read more…
The CEO of Tesla who is also the richest man in the world is the object of many fantasies. Is Elon Musk a victim of himself? The CEO of Tesla (TSLA) – Get Tesla Inc. Read more…
The Dearborn vehicle maker and its CEO Jim Farley have made Tesla their main rival in the electric vehicle race. Ford (F) – Get Ford Motor Company Report and its CEO Jim Farley have one obsession: Read more…
Record high gas prices and surging energy costs could keep inflation levels elevated over the coming months as stocks look cautiously to tomorrow’s crucial May CPI reading. U.S. equity futures edged cautiously higher Thursday as Read more…
It has been a quiet week for the euro, and that trend has continued today, as EUR/USD is unchanged at 1.0718. All eyes on ECB The ECB is poised to end its accommodative policy at Read more…
Just days after trimming its near-term margin forecast, Target said it will boost its quarterly dividend by 20%. Target (TGT) – Get Target Corporation Report shares moved higher Thursday after the retailer boosted its quarterly dividend Read more…
CVS Health (CVS) – Get CVS Health Corporation Report shared nudged higher Thursday after the group reiterated its full-year profit outlook ahead of a series of investor meetings scheduled for the remainder of June. CVS said Read more…
Apple is adding an easy method to swap your eSIM to a new iPhone in the upcoming iOS 16 release. Twitter user Carson Waldrop has spotted (via MacRumors) that iOS 16 supports transferring eSIM cards Read more…