Cryptocurrencies
Distressed hospital chain files for Chapter 11 bankruptcy
Bankruptcy filings in the healthcare industry for 2024 have been on pace to record significantly fewer filings than in 2023. About 58 healthcare companies with $10 million or more in liabilities were heading for bankruptcy Read more…
Cryptocurrencies
BoE cuts 25bps, emphasizes gradual easing amid upgraded inflation projections
BoE reduced the Bank Rate by 25bps to 4.75%, in line with expectations. The Monetary Policy Committee made the decision by an 8-1 vote, with Catherine Mann dissenting, preferring to keep rates steady. In its Read more…
Cryptocurrencies
(BOE) Bank Rate reduced to 4.75%
Monetary Policy Summary, November 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term Read more…
Cryptocurrencies
Dollar Index Outlook: Dollar Eases from New Multi-Month High in Likely Positioning for Fed Rate Decision
The Dollar Index eases from new four-month high (105.33) posted on Wednesday’s sharp rally (the biggest daily gain in two years) on news of Trump’s election victory. Partial profit-taking pushed the price lower, but the Read more…
Cryptocurrencies
GBP/USD Outlook: Bears Take a Breather After Post-Election Fall
Cable edges higher following Wednesday’s post-US election 1.1% drop, generating an initial signal of recovery, after bears repeatedly experienced strong downside rejection. Double failure to register clear break of Fibo support at 1.2846 (76.4% of Read more…
Cryptocurrencies
Japanese Yen Stabilizes After Post-Election Slide
The Japanese yen has steadied on Thursday after plunging 2% a day earlier. In the European session, USD/JPY is trading at 154.00, down 0.40% on the day. The dust hasn’t settled from the US election, Read more…
Cryptocurrencies
Spirit Airlines cuts more flights to places people want to get it
While a debt refinancing deal has bought Spirit Airlines (SAVE) until at least the end of the year to avoid bankruptcy, the low-cost carrier is feeling significant pressure to turn its finances around. Most recently, Read more…
Cryptocurrencies
Walmart’s bestselling $100 desk lamp is on clearance for only $43, but not for long
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Lots of people have in-home offices these days whether it’s for Read more…