Markets Yesterday’s risk correction on Wall Street didn’t spill to European dealings with key indices adding up to 0.5%. January EMU retail sales barely grew (0.1% M/M vs 0.2% consensus), but obviously didn’t impact trading Read more…
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, March 6. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – Read more…
USDJPY dips below 150 support and is on track for clear break lower after the pair was hanging above this level for more than two weeks. Yen gained traction on signals may decide to start Read more…
Airline sales are difficult to follow because airfares have no set prices. If you’re flying from Boston to Los Angeles, for example, the price of that ticket might be higher for an afternoon flight and Read more…
Tesla (TSLA) shares extended their recent declines in early Wednesday trading, pushing the stock to its lowest since last May, after a key Wall Street analyst suggested the carmaker is likely to lose money this Read more…
BoC keeps overnight rate unchanged at 5.00% as widely expected. In the prepared remarks for the press conference, Governor Tiff Macklem emphasized that it remains “still too early” for the central bank to contemplate reduction Read more…
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Read more…
McDonald’s has made few menu changes in recent years, instead focusing on improving operations in a world where delivery, pickup and drive-through have grown in importance. The chain has added select items like its viral Grimace Read more…
Daily Pivots: (S1) 149.66; (P) 150.11; (R1) 150.51; More… Immediate focus is now on 149.20 support in USD/JPY. Firm break there will suggest that price actions from 150.87 are correcting whole rally from 140.25 at Read more…
ChatGPT-maker OpenAI is moving to dismiss all the claims brought against it in the lawsuit filed last week by Elon Musk, in which Musk argued that OpenAI has strayed far from its original nonprofit charter. In Read more…