The ISM Manufacturing Index was unchanged in September, holding at 47.2 and a smidge below expectations for a 47.5 print. As in July and August, only five of 18 industries reported growth for the month, 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. Geopolitics moved to center stage on Tuesday, putting pressure on U.S. stocks. Investors are focusing on Read more…
Markets A series of weaker-than-expected national inflation figures culminated in the first sub 2% European-wide reading for September today. The 1.8% y/y outcome was the lowest since April 2021 with the first negative m/m (-0.1%) Read more…
When you hear that longshoremen intend to close down the ports, that’s a concern for anyone who has a cruise planned. While cruise ships leave from different docks than the ones used to unload freight, Read more…
When it comes to case studies around expansion and wavering tourism demand, no city has served as a better example than Austin. When the Texas capital became a relocation hotspot during the covid-19 outbreak, airlines such as Read more…
Pebblebee’s Universal trackers work with Apple’s Find My and Google’s Find My Device networks. | Image: Pebblebee Pebblebee has announced new Universal versions of its Bluetooth trackers that support both Apple’s Find My and Google’s Read more…
US ISM Manufacturing PMI was unchanged at 47.2 in September, falling short of expectations of 47.8. This marks the sixth consecutive month of contraction in the manufacturing sector, which has now shrunk in 22 of Read more…
Nvidia shares surprised investors by opening Monday in a surprising slump. The shares fell 2.6% to $118.29 on a report that China was telling local developers of artificial intelligence applications to use only Chinese-made chips in Read more…
Summary The European Central Bank (ECB) initially adopted a cautious and gradual approach to rate cuts during the early stages of its monetary easing cycle. However, given some deterioration in sentiment surveys, evidence of subsiding Read more…
Oil prices fell by 2.4% in early European trade, possibly due to demand concerns and rebalancing. Concerns about China’s economic recovery and the possibility of increased Libyan oil production are also weighing on oil prices. Read more…