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Month: November 2022

Cryptocurrencies

Drowning In College Expenses? Consider These Tax Moves – Q&A Pro Series

College expenses can be overwhelming, but did you know there are some tax moves parents can take now to reduce their tax bill in 2023? Our tax pro says these are the key credits and Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

Stock Market Today: Stocks Surge On Cooling October Inflation Data; FTX Teeters On the Brink

A notable slowdown in October inflation pressures has stocks trading sharply higher and bets on smaller Fed rate hikes surging heading into the start of the Thursday session. Updated at 9:02 am EST U.S. equity Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

US initial jobless claims rose 7k to 225k

US initial jobless claims rose 7k to 225k in the week ending November 5. Four-week moving average of initial claims rose 250 to 218.75k. Continuing claims rose 6k to 1493k in the week ending October Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

US CPI slowed to 7.7% yoy, CPI core slowed to 6.3% yoy, below expectations

US CPI rose 0.4% mom in October, below expectation of 0.7% mom. Core CPI rose 0.3% mom, below expectation of 0.5% mom. Energy rose 1.8% mom while food rose 0.6% mom. Over the last 12 Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

October Inflation Slows Sharply To 7.7%, Sparking Fed Pivot Bets; Stock Futures Surge

Big declines in headline and core inflation data for the month of October is triggering big bets on slower Fed rate hikes and a huge rally on Wall Street. Updated at 8:44 am EST U.S. Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

Lowes Just Sold Off a Hefty Chunk of its Stores

The big-box home improvement store also pocketed a chunk of change. The housing and home improvement markets will always go hand-in-hand. If new houses are being built, contractors need tools to buy them. If people Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

Burger King Menu Adds a New Take on a Beloved Classic

The chain rarely dips back this far into its past, but it’s bringing back a new version of a 1980s menu favorite that’s very different from anything McDonald’s offers. Restaurant Brands International’s (QSR) – Get Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

Dollar Index Clings Onto Bull Trend ahead of CPI

The US dollar has managed to extend its gains after rebounding across the board on Wednesday, ahead of the publication of US consumer inflation data at 13:30 GMT. The CPI report has the potential to Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

Tesla Stock, Near Two-Year Lows, Removed From ‘Best Ideas’ List At Wedbush

“Musk has essentially tarnished the Tesla story/stock and is starting to potentially impact the Tesla brand with this ongoing Twitter train wreck disaster,” said Wedbush analyst Dan Ives. Tesla  (TSLA) – Get Free Report shares pared Read more…

By , 3 years ago November 10, 2022
Cryptocurrencies

GBPUSD: Fresh Bears Found a Footstep Above Key Support and Eye US Inflation Data for Signal

Cable is consolidating within a narrow range, following Wednesday’s 1.6% drop, which retraced over 50% of the recent 1.1146/1.1599 upleg. Although a reversal pattern formed on a daily chart, fresh bears face strong headwinds from Read more…

By , 3 years ago November 10, 2022

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