Fed Governor Christopher Waller said in a speech that as the base case, he supports another 75bps rate hike at the July 26-27 FOMC meeting. This level is “close to neutral”, neither stimulates nor restricts Read more…
Premium-electric-vehicle maker Tesla has promised that its vehicles will be self-driving by year’s end. Tesla (TSLA) – Get Tesla Inc. Report Chief Executive Elon Musk in January renewed his oft-repeated promise that its electric vehicles would be self-driving Read more…
As global economic conditions continue to stroll casually towards deterioration, the market scrambles to reappraise the possibility for a recession. Contributing to the worsening of the economic outlook, is the soaring inflation, with year-on-year US Read more…
The Japanese yen has been pummeled today by the US dollar. USD/JPY is currently trading at 139.22, up 1.29% on the day. Is 140 next for the yen? The US dollar is showing broad strength Read more…
The biggest problems in housing seem to be soaring home prices and mortgage rates and low inventory. The biggest problems confronting the housing market appear to be soaring home prices and mortgage rates plus a Read more…
The Wendy’s fast-food chain is bringing back two menu items that customers love, but it’s also taking away another one. Wendy’s (WEN) – Get Wendy’s Company (The) Report tends to be fairly conservative when it Read more…
iMessage’s undo send only works in the public beta so far. | Screenshot by Nathan Edwards / The Verge The upcoming version of iMessage will let you unsend and edit messages for up to 15 Read more…
iMessage’s undo send only works in the public beta so far. | Screenshot by Nathan Edwards / The Verge The upcoming version of iMessage will let you unsend and edit messages for up to 15 Read more…
“Americans will spend $165 million LESS today on gasoline than a month ago,” said GasBuddy’s Patrick de Haan. “We’re on target for the national average to drop to $3.99 by Aug 14.” U.S. gas prices Read more…
Markets Frontloading policy tightening is the talk of the town on interest rate markets these days. The Bank of Canada was leading by example as it yesterday raised its policy rate by 100 bps The Read more…