US initial jobless claims fell -12k to 216k in the week ending October 26, below expectation of 231k. Four-week moving average of initial claims fell -2k to 237k. Continuing claims fell -26k to 1862k in Read more…
The Federal Reserve’s preferred measure of inflation edged higher in September, data indicated Thursday, providing further evidence that a solid job market and an outperforming could be adding to renewed price pressures into the final Read more…
In September, US personal income rose by 0.3% mom, or USD 71.6B, slightly below the expected 0.4% mom increase. Meanwhile, personal spending grew by 0.5% mom or USD 105.8B, exceeding forecasts of a 0.4% mom Read more…
Most CEOs never talk politics. Aside from outliers like Tesla’s Elon Musk, who seems to like attention above all else, most business leaders know that taking a side in politics, especially the presidential election, risks Read more…
The Japanese yen has surged on Thursday after showing little movement this week. In the European session, USD/JPY is trading at 152.68, at the time of writing, down 0.48% on the day. Earlier, USD/JPY rose Read more…
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. If you’re waking up with neck or back pain and aren’t Read more…
Microsoft shares fell sharply in early Thursday trading, dragging tech rivals and major benchmarks lower, after the AI market pioneer hinted that its near-term ambitions for the new technology may be clouded by the costs 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. Swiping, embedded chips, tap-and-go. Each new advance in card payments is Read more…
Italian ECB Governing Council member Fabio Panetta emphasized the need for further easing of restrictive monetary conditions in the Eurozone, citing concerns about economic softness amid declining inflation. Panetta highlighted in a speech today that Read more…