After offering a dour view of the world yesterday we’ve seen markets do the complete opposite, with the risk bulls dominating – the news flow certainly doesn’t justify this positivity, especially in light of JPM’s Read more…
At its monthly meeting next Tuesday, the Reserve Bank Board is widely expected to raise the cash rate from its current setting of 0.35%. The main uncertainty is whether the RBA lift the cash rate Read more…
Switzerland’s CPI reading for May was 2.9% YoY vs 2.6% YoY expected and 2.5% YoY in April. This was the highest reading since September 2008. The main reason for the larger than expected increase was Read more…
The rumors are still making the rounds that OPEC+ may suspend Russia and that Saudi Arabia may increase production as price continues to soar. OPEC+ has agreed to increase output by 648,000 bpd in July Read more…
Move is great news for a startup backed by big automobile makers and retailers. The idea of driverless vehicles that carry people to and from wherever they want to go has been a hot one Read more…
Not every stock is a buy, says Jim Cramer. But these trends signal the bottom may be around the corner. It might finally be time to do some buying, Jim Cramer told his Mad Money Read more…
Let’s-a go! While many of us get pumped up to take a vacation to spend the day lazily exploring our favorite theme park, it’s usually more about the enjoyment of the overall experience than it Read more…
The CEO of Tesla and space company SpaceX doesn’t hesitate to get involved in anything. Elon Musk is operating on all fronts. He is almost everywhere. Not a day goes by that he doesn’t tweet. Read more…
Doom and gloom, or gloom and doom, gained traction in the mid-20th century to describe negative outlooks on politics, the economy, and the environment. Champ008 via Shutterstock What Are Doom and Gloom? “Doom and gloom,” Read more…