TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, January 11. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin, reporting from Read more…
Daily Pivots: (S1) 144.78; (P) 145.31; (R1) 146.29; More… USD/JPY’s rebound from 140.25 resumed by breaking through 145.97. Intraday bias is back on the upside for 61.8% retracement of 151.89 to 140.25 at 147.44. Upside Read more…
PepsiCo and Coca-Cola face a challenge because of their size. The two companies stand as the stewards of dozens of popular beverage brands that have devoted followings. Coca-Cola (KO) – Get Free Report has had to Read more…
The financial markets’ initial reactions to stronger than expected US CPI readings are relatively subdued. While there was an immediate response with Dollar and yields rising, and stock futures dipping, these movements lacked significant follow-through. Read more…
Local radio has past its peak but that does not mean it has lost all its power. Hosts of local shows connect with their audience in a way that national shows simply can’t. A sports Read more…
Target has built a key part of its business around offering brands its key rivals don’t. Some of those are house brands that the retailer owns. These aren’t the old, basic discount brands that Walmart Read more…
Updated at 8:55 AM EST U.S. inflation pressures ticked higher in December, but core prices eased for a third straight month, suggesting the Federal Reserve will find support for its cautious stance on interest rates Read more…
US initial jobless claims fell -1k to 202k in the week ending January 6, lower than expectation of 215k. Four-week moving average of initial claims fell -250 to 207.75k. Continuing claims fell -34k to 1834k Read more…
In December, US CPI rose 0.3% mom, up from prior month’s 0.1% mom, above expectation of 0.2% mom. CPI core (all items less food and energy) rose 0.3% mom, unchanged from prior month’s, above expectation Read more…
Hertz Global Holdings (HTZ) – Get Free Report, the U.S. rental car giant, is planning to dump around a third of its global fleet of electric vehicles amid a slump in resale prices and a Read more…