Market Overview The crypto market capitalisation rose by 3.5% to $2.22T, reaching a three-week high, following the release on Tuesday of weak US inflation data, which showed inflation slowing at its fastest rate in the Read more…
Just weeks ago, traders were pricing in peace. Now they’re pricing in war again—and that reversal says everything about how fragile the current Middle East calm really is. Brent crude has surged to $86 a Read more…
Silver’s recovery lost momentum below the $60 mark this week despite softer-than-expected US inflation, highlighting a macro backdrop that has become less supportive than many investors anticipated. Ordinarily, a downside surprise in CPI would trigger Read more…
Medicare and Medicaid often get misunderstood when it comes to long-term care—especially assisted living. In this conversation, U.S. Government Accountability Office Director Michelle Rosenberg explains why many people assume their “regular health insurance” will cover Read more…
Commodity-linked currencies strengthened after US inflation data came in weaker than expected. The Consumer Price Index (CPI) slowed to 3.5% year-on-year in June, below the 3.8% forecast, while core inflation eased to 2.6% versus expectations Read more…
GBP/USD rose to 1.3403 on Wednesday, with British politics taking centre stage for investors. The market is assessing the upcoming change of prime minister, with Andy Burnham set to take office on 20 July. Of Read more…
Netflix (NFLX) spent the past two years defending its lead with price hikes and a password-sharing crackdown. The next phase looks different. The streaming giant is among several companies in early talks to acquire Letterboxd. Read more…
Markets The June US CPI inflation report rendered a huge downward surprise. A larger than expected decline in energy inflation pulled prices 0.4% lower M/M (vs -0.1% consensus) with the Y/Y-reading slowing from 4.2% to Read more…
Q2 GDP and the June partial data highlighted (yet again) aggregate growth’s reliance on external demand. Domestic businesses and households are in need of immediate, pro-active support. Q2 GDP and the June activity data provided Read more…
Millions of near-retirees believe Social Security is on the verge of total collapse, which pushes many of them to start collecting benefits at age 62, according to the AARP . Charles Schwab, one of the Read more…