Canadian GDP fell by 0.1% month-on-month (m/m) in April, underperforming Statistics Canada’s advanced guidance for an uptick in growth. GDP growth in May is expected to pull back by another 0.1% m/m per the updated Read more…
Both consumer spending and income growth came in weaker than expected in May. Personal income decreased 0.4% month-over-month (m/m), well below the Bloomberg consensus of +0.3% m/m. Wages and salaries continued to grow at a Read more…
The naysayers were once again proven wrong. Despite an economy in turmoil, an uncertain Fed, and geopolitical unease, the S&P 500 has climbed the proverbial wall of worry and notched a new all-time high, surpassing Read more…
Many consumers across the country are sick of high prices, especially when it comes to their cell phone bills. According to a report from Doxo last year, Americans spent an average of $1,365 a year Read more…
Daily Pivots: (S1) 0.7970; (P) 0.8012; (R1) 0.8044; More…. USD/CHF’s decline is in progress and intraday bias stays on the downside. Current down trend should target 61.8% projection of 0.9200 to 0.8038 from 0.8475 at Read more…
Dollar enters the US session mixed, as markets digest a batch of data offering signals to both sides of the policy debate. The greenback is seeing additional selling against Euro and Swiss Franc, but recovering 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. Finishing up your summer patio refresh? If you’ve already got a Read more…
With economic concerns and increasing political tensions on the mind of many U.S. travelers, it’s no surprise that more people are choosing domestic vacations this summer. As the U.S. continues to issue heightened travel warnings Read more…
Stocks appear set to continue higher today based on three main factors: A trade deal with China appears to be close (and maybe with India, too)The tax bill would lower taxes on corporations and increase Read more…
The line between success and failure in fast-casual sit-down restaurants seems unbelievably narrow. Chili’s, for example, has been flying high based on offering low prices and delivering good value. Applebee’s has struggled overall, but had Read more…