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Month: August 2024

Cryptocurrencies

Major fast-food chains struggle to win back customers with deals

It is no secret that consumers have been rebelling against skyrocketing fast-food prices by cooking at home. Fast food is now viewed as a luxury by almost 80% of Americans, according to a recent survey from LendingTree. Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

Las Vegas Strip casino signing another superstar singer residency

Las Vegas is known for hosting popular music residencies that often generate excitement among entertainers’ fans leading to sell-outs for the length of engagements. 1970s superstar singer Barry Manilow famously broke Elvis Presley’s record of 636 sold-out Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

NZ First Impressions: Labour Market Surveys, Q2 2024

The New Zealand labour market is softening, but wage growth remains on the high side, partly supported by government pay agreements. Unemployment rate: 4.6% (prev: 4.4%, Westpac f/c: 4.7%, RBNZ f/c 4.6%) Employment change (quarterly): Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

EURCAD Wave Analysis

EURCAD reversed from resistance level 1.5110 Likely to fall to support level 1.5000 EURCAD currency pair recently reversed down from the long-term resistance level 1.5110 (which has been reversing the price from the start of Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

A Hawkish RBA Could be a Role Model for Other G10 Banks

The Reserve Bank of Australia kept its cash rate on hold at a 12-year high of 4.35%, as widely expected by markets. In a statement along with the decision, the RBA noted that inflation is Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

GBPUSD Drops Out of Bullish Channel

GBPUSD trims more gains after bearish channel breakout Technical signals remain negative; support at 1.2670 GBPUSD bears powered up on Tuesday with scope to fight the 200-day simple moving average (SMA) and the support trendline Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

AUD Set to Regain Momentum

Following a week-long, 300-pip drop on AUDNZD last week, this week has opened up with some renewed bullish vigor with a 150-pip correction. While this looks incredible in favor of the Australian Dollar, there yet Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

Another huge automaker is thinning its workforce

On July 25, one of the most trusted Japanese automakers reported a 99% group operating profit loss, posting a profit of just $6.9 million and an income of just $199 million.  Once one of Japan’s Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

Here’s how much money it costs average Americans to raise a child

Having a child can be one of the largest household expenses, on par with mortgage payments in both frequency and price. However, people often underestimate the total cost of having a family, which can make Read more…

By , 2 years ago August 7, 2024
Cryptocurrencies

Analysts rethink Amazon stock price targets after earnings

Amazon held its biggest Prime Day shopping event in July, but its stock price plummeted nearly 9% after its second-quarter earnings report on August 1. This marked the biggest one-day decline since April 2022, Bloomberg Read more…

By , 2 years ago August 7, 2024

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