Classic rock bands have a reputation for signing on for Las Vegas Strip residencies and extending them weeks, months, and sometimes years into the future. Hard rock band Scorpions celebrated the 40th anniversary of its Read more…
US 10-year Treasury yield eased back notably overnight following Fed’s decision to keep interest rates steady. Chair Jerome Powell’s balanced commentary offered a calm counterpoint to the election-fueled rally in yields seen earlier this week. Read more…
For decades, Walmart has been the go-to place for families to purchase all the Christmas essentials to get into the holiday spirit. From Christmas trees to gift wrapping paper to gifts for the entire family, Read more…
Cruise lines do everything they can to steer cruise ships away from bad weather. Royal Caribbean Meteorologist Craig Setzer and his team monitor storms 24/7 and advise ships as to what’s going on. The captain Read more…
Growing up, e.l.f. Beauty was every girl’s go-to makeup brand due to its incredibly affordable prices and extensive range of product offerings. Every girl teenage girl had at least one e.l.f. product in their makeup Read more…
Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Read more…
We were already expecting loose US fiscal policy and higher interest rates across the curve on average than pre-pandemic. This week’s US election results push our view further in that direction. It is the nature Read more…
Unsurprisingly, the FOMC made clear it was too early to assess the economic implications of this week’s US election. Activity and prices meanwhile justify a gradual withdrawal of policy tightness. The US FOMC delivered a Read more…
Summary As widely expected, the FOMC cut rates by 25 bps at today’s policy meeting. The decision was unanimous. The Committee noted that progress has been made in returning inflation to its target of 2% Read more…
With numbers like these, who needs caffeine? Dutch Bros (BROS) shares were percolating on Nov. 7 after the drive-through coffee chain beat Wall Street’s third-quarter earnings forecast. Related: Starbucks 2024 holiday menu: When it launches Read more…