1. Stock Market Today: Stock futures slide, oil surges amid Mideast tension Stock futures are down as Federal Reserve Chairman Jerome Powell struck a neutral tone on rate hikes during a key policy speech. 2. Read more…
Stock futures were down Friday one day after Federal Reserve Chairman Jerome Powell shared his latest thoughts about the economy. The benchmark 10-year yield rose briefly to 5% late on Thursday, a closely watched level Read more…
The mobile app isn’t for everyone, but for one insomniac, Pikachu and Snorlax made a big difference. Continue reading…
EURGBP extends steep upleg from 0.8616 trough into sixth straight day and hit the highest in more than five months on Friday. Larger uptrend from 0.8492 (2023 low, posted on Aug 23) remains fully in Read more…
In an interview with CNBC, Atlanta Federal Reserve President Raphael Bostic emphasized that reigning in inflation remains a top priority, and the metric needs to approach the 2% mark before a rate cut can be Read more…
Canada retail sales fell -0.1% mom to CAD 66.1B in August, matched expectations. Sales were down in six of nine subsectors and were led by decreases at motor vehicle and parts dealers (-0.9%). Excluding gasoline Read more…
Oil prices were climbing Friday amid growing tensions in the Middle East driven by the ongoing Israel-Hamas war. West Texas Intermediate was up 1.4% percent to $90.60 a barrel, while Brent crude jumped 1.3% to Read more…
Canada to release retail sales later today Fed’s Powell says inflation still too high, lower growth needed The Canadian dollar has edged higher on Friday. In the European session, USD/CAD is trading at 1.3688, down Read more…
Schlumberger beat third-quarter earnings expectations on Oct. 20, but the oil services company missed revenue forecasts. The Houston-based company reported earnings of 78 center per share, beating estimates by 1 cent. Revenue totaled $8.31 billion, up Read more…
American Express (AXP) – Get Free Report beat Wall Street’s third-quarter earnings estimates, boosted by strong card member spending as well as travel and entertainment. The financial services giant reported earnings of $2.45 billion, or $3.30 Read more…