China’s consumer inflation slowed from 0.3% y/y to 0.2% instead of the expected acceleration to 0.4%, bringing investors’ attention back to weak demand. Meanwhile, manufacturing price deflation slowed from -1.4% y/y to -0.8% y/y, staying Read more…
Transcript: CONWAY GITTENS: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Stocks are coming off yet another record day with the S&P 500 and the Nasdaq crossing Read more…
Southwest Airlines has an identity. It’s a disruptor in the airline space because it notably breaks industry norms. The company prides itself on not charging baggage fees and not offering first- or business-class seats. It Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Shopping for outdoor furniture has never been easier, but choosing exactly Read more…
Markets In today’s extremely dull trading session, some volatility in the New Zealand dollar, Norwegian krone and Czech koruna are keeping us somewhat entertained. You’ll find the latter two in the section down below. NZD Read more…
In a speech today, BoE Chief Economist Huw Pill highlighted that while it is “welcome news” that the UK’s headline CPI returned to 2% in May, it is crucial for the inflation target to be Read more…
What was initially floated about as a joke (“we should start charging every new tourist a special tax”) is becoming an increasingly common practice in many parts of the world under names varying from “arrival tax” Read more…
The Reserve Bank of New Zealand kept its benchmark interest rate at 5.5% for the eighth consecutive meeting, which was in line with analyst expectations. However, the central bank’s comments were softer than expected, dragging Read more…
For those truly unhappy with the flight or the service aboard, there is always the option of filing a formal complaint to the U.S. Department of Transportation. Given the extra effort this takes to fill Read more…
The Kiwi is the worst intraday performer among the major currencies as it slumped to a 4-week low against the US dollar. A dovish tilt in the latest RBNZ monetary policy statement has triggered a Read more…