SpaceX, the space-exploration firm headed up by Tesla TSLA CEO Elon Musk, is set to bring in around $9 billion in revenue this year, according to a Bloomberg report. The company is additionally projecting that revenue Read more…
Chicago Fed President Austan Goolsbee, in recent comments to CNBC, noted that the job market is “getting into better balance,” a sign that the central bank’s policies may be having the desired effect without tipping Read more…
Wall Street faces the start of a key three-day stretch for the bond market Tuesday as the Treasury begins its run of beefed-up benchmark auctions that could challenge the recent rate-sensitive rally for stocks. The Read more…
In a recent interview with Bloomberg TV, Minneapolis Fed President Neel Kashkari underscored Fed’s commitment to reining in inflation, stressing the importance of reducing the inflation rate to Fed’s target of 2% over a “reasonable Read more…
The EUR/USD currency pair remains steadfast near 1.0710 on Tuesday, maintaining proximity to the six-week highs set the previous day. The U.S. dollar has seen a tempered performance, influenced by recent U.S. labor market statistics Read more…
Streaming giant Roku ROKU set a few personal records when it posted its third-quarter results at the beginning of November. The company reported an all-time high of 75.8 million active accounts, a 16% net increase compared Read more…
Stocks are trading a little lower in Europe on Tuesday and the US is shaping up for a similar open in an hour or so. Lower bond yields enabled stocks to bounce back strongly in Read more…
As markets across the globe confront a wave of cautious sentiment, Dollar finds itself in a position of strength, capitalizing on a shift in investor mood. European trading sessions have mirrored the apprehensive tone set Read more…
When it comes to athletic sneakers, many are so similar in design that they can be hard to tell apart. But those little details make a difference — and those in the shoe business the Read more…
Gold came under pressure this week, losing around 1.4% and retreating to $1966. This drops below previous local lows, forming a short-term downtrend and fitting into a pattern of declines following local overbought conditions. Gold Read more…