Over the past two weeks, US investors have shed nearly $30 billion dollars of US equity funds (net selling) according to data from LSEG. A bullish week for the S&P 500 but the Nasdaq 100 Read more…
U.S. Highlights U.S. retail sales grew marginally in May, however the downward revision in April points to waning momentum among U.S. consumers. Housing starts and building permits both declined in May as higher interest rates Read more…
Summary United States: Economic Data More Rice & Beans than Steak & Eggs Markets chewed on an array of economic data this week, and what was served was mostly gristle. A weak retail sales print Read more…
We expect Canadian inflation numbers on Tuesday will show further signs of gradual easing in price pressures. Consumer price index growth should edge down to 2.6% year-over-year from 2.7% in April. That would mark the Read more…
Nestlé (NSRGY) might be the company that breaks your chocolate addiction with its latest warning to consumers. The food company, which manufactures popular brands such as KitKat, Toll House and Nesquik, claims that consumers have Read more…
If you were thinking about buying a new car or taking your car to be serviced at the dealership this weekend, expect the long, painful process that you expect to experience to be much longer Read more…
Stephen A. Smith is trying to use the current media market to set the parameters for his next ESPN contract. And his example of choice is Pat McAfee. According to a report by Puck’s John Read more…
The NBA season has been over since Monday, so teams are now setting their sights on the NBA Draft next week. However, with the actual games concluded, the NBA itself is dealing with a major Read more…
Image: The Verge AT&T can’t pull the plug on landline service for customers across California. In a ruling on Thursday, the California Public Utilities Commission (CPUC) rejected AT&T’s request to release it from its obligations Read more…
Livestreaming platform Kick, a top competitor of Amazon’s Twitch, faces disturbing allegations from a former employee. The former staffer, who goes by the name Melissa, is accusing the platform of having a racist work environment Read more…