Remy Blaire brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Wednesday, April 3. Related: Analysts overhaul Tesla stock price targets after deliveries debacle Full Read more…
Markets: EMU Flash March CPI ‘eased’ slightly more than expected from 2.6% Y/Y to 2.4% Y/Y. Core inflation (ex-energy) dropped from 3.1% to 2.9%, the first sub 3% reading since February 2022. Food price inflation Read more…
US ISM Services PMI fell from 52.6 to 51.4 in March, below expectation of 52.8. Business activity/production ticked up from 57.2 to 57.4. New orders fell from 56.1 to 54.4. Employment rose slightly from 48.0 Read more…
Malls are dying. Blame Amazon. That’s a popular refrain that many people believe, but it’s not actually true. “Shopping mall foot traffic is nearing pre-pandemic levels, but not everything is the same — that’s a Read more…
In a CNBC interview today, Atlanta Fed President suggested that rate cuts could be on the horizon by the end of 2024, contingent on the economy’s performance. Bostic outlined a scenario where “continued robustness in Read more…
Key takeaways Most business tax returns can be extended by filing Form 7004. You must file it by the original due date of the return.If you need an extension, check with your state taxing authority Read more…
Daily Pivots: (S1) 1.0736; (P) 1.0758; (R1) 1.0790; More… Intraday bias in EUR/USD remains neutral for consolidation above 1.0723. But risk will stay on the downside as long as 1.0834 support turned resistance holds, in Read more…
Daily Pivots: (S1) 1.2552; (P) 1.2565; (R1) 1.2592; More… Intraday bias in GBP/USD remains neutral as consolidations continue above 1.2538. But risk will stay on the downside as long as 1.2667 resistance holds, in case Read more…
Daily Pivots: (S1) 0.9050; (P) 0.9071; (R1) 0.9100; More…. USD/CHF’s rally is in progress and intraday bias stays on the upside. Current rise is in progress for 0.9243 key resistance next. On the downside, break Read more…
Carnival has recently stepped up its efforts to keep all cannabis products off its cruise ships, adding drug-sniffing dogs in its departure terminals and on its ships. The cruise line has a zero-tolerance policy, which Read more…