Rumours of talks with Iran have caused the USD index to retreat. The pound has recouped some of its losses thanks to Labour’s intention to stick to the rules. The US dollar has retreated following Read more…
Markets The US 30-yr yield today broke key resistance at 5.15%/5.17% (respective tops of 2025 and 2023) to currently trade at the highest level since 2007. The 5.5% area is the next technical reference on Read more…
The Strait of Hormuz handles roughly 20% of the world’s oil supply on any given day. When it closes, everyone eventually feels the heat at the pump. ExxonMobil Chairman and Chief Executive Officer Darren Woods Read more…
Despite the bond market’s increasing expectations that the Federal Reserve will soon need to hike short-term interest rates, one major bank says the central bank will maintain holding rates steady and then resume a dovish 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. While many sneakers are branded as running shoes, most people don’t Read more…
Even the biggest, most successful restaurant chains close locations regularly. Starbucks, for example, closes hundreds of locations every few years. That’s because populations shift, rents increase, and other factors change that make a once-viable restaurant Read more…
Applied Materials has become one of Wall Street’s clearest ways to play the AI infrastructure buildout without buying the chip designers that dominate the headlines. The company sells the equipment needed to manufacture advanced semiconductors, Read more…
On May 28, 2024, the Securities and Exchange Commission compressed the standard settlement cycle for most U.S. securities from two business days to just one, a shift officially designated T+1. For most retail investors, the Read more…
Headline CPI inflation jumped up to 2.8% year-on-year (y/y) in April, from 2.4% in March, slightly below consensus expectations. Higher gasoline prices were a big part of the story, with inflation ex-gasoline up a more Read more…
The sharp rise in US Treasury yields remains one of the dominant macro themes in global markets this week, with the 10-year yield climbing back to 4.62% after only a brief pullback yesterday, near its Read more…