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Month: January 2024

Cryptocurrencies

Job-market cracks deepen as November openings fall and quit rate eases

The Bureau of Labor Statistics’ monthly estimate of jobs openings showed another decline in unfilled positions in November, leading a series of key data reports that could suggest the job market is weakening further.  The Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

Risk Rally on Pause, Dollar Rebounds as NFP Report Awaited

December jobs report not expected to upset markets Any slowdown in hiring could reinforce rate cut bets But dollar bulls anticipating a different outcome on Friday, 13:30 GMT Markets vs the Fed The soft landing Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

Starbucks makes amazing change that could help you save on your morning coffee

Starbucks is finally allowing consumers to bring their own cups. The coffee giant announced that starting Wednesday, Jan. 3, customers can use reusable cups at all company-operated stores across the United States and Canada. Starbucks  Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

Loonie Plunges Ahead of Canadian Jobs Number

Canada’s economy likely added fewer jobs in December Local dollar shows some weakness ahead of Friday’s data due at 13:30 GMT Unemployment rate to rise furhter According to market forecasts, the unemployment rate in Canada increased Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

Sunset Market COmmentary

Markets Interest rate markets tried to build on last week’s ‘U-turn’ after the accelerated decline in yields triggered by the December Fed policy announcement. Corporates and sovereigns are eager to use lower funding costs to Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

US ISM manufacturing rises to 47.4, 14th month of contraction

US ISM Manufacturing PMI rose from 46.7 to 47.4 in December, above expectation of 47.1. That’s still the 14th month of contraction reading. Looking at some details, new orders, fell from 48.3 to 47.1, the Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

Elon Musk takes a big new step with latest SpaceX launch

After Elon Musk’s SpaceX finished a record 2023, in which it successfully completed 96 rocket launches, the space-technology company on Tuesday made its first launch of 2024.  The launch — SpaceX’s 296th overall — carried another batch of Starlink internet satellites into Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

Barbie, Oppenheimer, Taylor Swift drive a return to the movies, but box office still lags 2019

TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Wednesday, January 3. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – reporting Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

Verizon jumps as KeyBanc lifts rating, sees market share gains over AT&T

Verizon  (VZ) – Get Free Report jumped Wednesday after analysts at KeyBanc Capital Markets boosted their rating on the stock, citing the group’s potential to build on its broadband and wireless subscriber growth.  KeyBanc analyst Brandon Read more…

By , 2 years ago January 3, 2024
Cryptocurrencies

Silver Price Forecast: XAG/USD Nosedives as US Yields Rally in a Data-Packed Week

Silver price plunges to near $23.15 as appeal for bullions fade ahead of FOMC minutes. Investors reconsider Fed’s rate cut bets amid robust US economic prospects. More downside in Silver is likely amid a H&S Read more…

By , 2 years ago January 3, 2024

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