Most economic indicators show that the explosion in artificial intelligence infrastructure spending is having a positive effect on the U.S economy. U.S. gross domestic product rose at an annual rate of 2% between January and Read more…
Gold is finding itself squeezed by two markets moving in the same direction. Oil is rebuilding inflation fears, while the Federal Reserve is becoming more willing to tighten policy again if price pressures refuse to Read more…
China’s trade growth accelerated sharply in June, with exports rising 27.0% year-on-year in US dollar terms, up from 19.4% in May and well above expectations of 18.2%. Imports also strengthened markedly, climbing 36.0% from 27.4% Read more…
Key Highlights Bitcoin failed to surpass $65,000 and trimmed some gains. BTC/USD traded below a contracting triangle with support at $62,500 on the 4-hour chart. Ethereum also struggled above $1,800 and dipped from resistance. The 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. Why we love this deal Whether out and about around town, Read more…
Australia’s business confidence improved noticeably in June, with the NAB Business Confidence Index rising 9 points to -5, recovering much of the sharp deterioration seen in March. While confidence remained below zero, the survey suggests Read more…
Australian consumer sentiment improved in July, with the Westpac–Melbourne Institute Consumer Sentiment Index rising 4.1% to 83.9. The increase suggests households have become less concerned that the Reserve Bank of Australia’s June decision to leave Read more…
Business confidence in New Zealand improved in the June quarter, according to the latest NZIER Quarterly Survey of Business Opinion, with a seasonally adjusted net 12% of firms expecting economic conditions to improve over coming Read more…
Federal Reserve Governor Christopher Waller struck a markedly more hawkish tone on Monday, warning that another upside surprise in Tuesday’s CPI report could force the FOMC to consider raising interest rates “in the near term.” Read more…
Business confidence picked up a bit in the June quarter, but Middle East tensions and higher fuel prices remained on firms’ minds. Key results (seasonally adjusted) General business situation: +12 (Prev: +1) Trading activity, past Read more…