Several Fed officials shared their views overnight but avoided giving specific guidance on what to expect at the December 18 FOMC rate decision. The tone of their remarks highlighted confidence in recent economic progress while Read more…
The Australian economy grew by a sluggish 0.3% in the September quarter, with increased government spending driving all of the gain. Private demand (spending by consumers and businesses) flatlined with household consumption and new business Read more…
Short Term Elliott Wave structure in USDJPY suggests that rally to 156.76 ended wave X. This completed correction against cycle from 7.3.2024 high. Pair has now turned lower. Structure of the decline from 156.76 is Read more…
Key Highlights Bitcoin price started a consolidation phase below the $100,000 zone. A connecting bearish trend line is forming with resistance at $97,500 on the 4-hour chart. Ethereum price seems to be facing hurdles near Read more…
Many people use social media as a creative outlet or a way to distract themselves from the stressors of everyday life. It facilitates communication, the sharing of ideas, and even occasionally informs. Some people have Read more…
Deja vu has struck Elon Musk’s pocket once again. Months after Tesla (TSLA) shareholders overwhelmingly voted to support CEO Elon Musk’s pay package — initially agreed to in 2018 — a Delaware judge has again denied Read more…
For the past year, cautious homebuyers have been on the sidelines, waiting for mortgage rates to come down and inventory to increase. While many hoped that two consecutive interest rate cuts from the Fed would Read more…
No one is more passionate about sports than college football fans on a Saturday. College towns nationwide are covered in school colors, and the streets are crowded with people fully decked out in the team’s Read more…
It was a sign of the times. On Nov. 1 S&P Global said that AI-chip heavyweight Nvidia (NVDA) would replace Intel (INTC) in the Dow Jones Industrial Average “to ensure a more representative exposure to Read more…
Over the past few months, Starbucks (SBUX has been battli) ng to repair its rocky relationship with consumers who have been avoiding its stores for a number of reasons, such as high prices and alleged political Read more…