Summary United States: Payroll Growth Sizzles in June Despite Recession Fears June brought a strong 372K payroll gain, beating the consensus and calming recession concerns. The unemployment rate held at 3.6%. Total job openings remain Read more…
U.S. Highlights Recession calls increased this week, but the job market begged to differ. The U.S. added 372k jobs in June, keeping the unemployment rate at its historic low of 3.6% and amplifying fears about Read more…
RBNZ and BoC policy decisions; US CPI, and lots of other global data will ensure there will be plenty of volatility. Earnings season also kicks off. The markets managed to claw back some losses in Read more…
A strong nonfarm payroll report has paved the way for the Fed to deliver another 75 basis-point rate hike at the June 27th policy meeting. An overheating economy and hot inflation will keep the Fed focused Read more…
The response to the move by Musk late Friday to get out of $44 billion deal for the social media platform was fast and furious. Elon Musk said in a regulatory filing late Friday that Read more…
The Philadelphia Fed Index was first conducted in 1968, spawning other surveys on regional manufacturing activity across the country. Canva What Is the Philadelphia Fed Index? The Philadelphia Fed Index refers to monthly results of a Read more…
Musk claims in SEC filing that Twitter failed to honor agreement to provide information on fake and spam accounts. Elon Musk filed notice with the Securities and Exchange Commission late Friday seeking to terminate his Read more…
The crisis of confidence affecting crypto lenders is now spreading to major exchanges. The list of collateral victims of the liquidity crunch currently affecting crypto lenders is far from fully known. If indeed we already Read more…
The streaming wars are entering their live sports broadcast phase as companies position to get the most viewers. The first couple of years of the streaming wars have been rough. Consumers who cut the cord Read more…
Successful entrepreneur and star of the Shark Tank tv show is a crypto investor but one of his bets just backfired. Mark Cuban is in trouble. The billionaire entrepreneur has been facing a torrent of Read more…