The two legacy carmakers face questions from investors whether consumers still want to buy their cars as recession looms. General Motors (GM) – Get General Motors Company Report and Ford sell millions of vehicles a year. Read more…
As stocks fall and gas prices climb, posters on WallStreetBets are resorting to gallows humor to get through the tough times. If laughter is the best medicine, then the people posting on WallStreetBets must be Read more…
The Fed raised the rate by 75 points, something it has not done in 28 years. Such a move had already been priced in. In fact, on the eve of the announcement, the markets had Read more…
Kroger’s same-store sales guidance fell modestly shy of Street forecasts, but boosted its full-year profit outlook as consumer pivot to food and staples spending. Updated at 8:42 am EST Kroger Co. (KR) – Get Kroger Read more…
There are a couple of nice ideas there to solve longstanding problems with UUIDs Read more
The two legacy carmakers face questions from investors whether consumers still want to buy their cars as recession looms. General Motors (GM) – Get General Motors Company Report and Ford sell millions of vehicles a year. Read more…
Both the Bank of England and the Swiss National Bank followed the Fed with rate hikes Thursday, indicating a likely long-run of monetary tightening from global central banks aimed at taming inflation. U.S. equity futures Read more…
BTCUSD (Bitcoin) has been experiencing a sharp decline in the short-term after its long-lasting sideways pattern broke to the downside, generating a fresh 18-month low of 20,050. Moreover, the descending 50- and 200-day simple moving Read more…
US retreats after FOMC mega-hike The US dollar gave back some recent gains overnight post-FOMC as Powell’s comments post-meeting were interpreted as implying a less aggressive scale of rate hikes. To me, that is a Read more…
BoE raises the Bank Rate by 25bps to 1.25%. The decision was not unanimous, with three members (Catherine Mann, Michael Saunders and Jonathan Haskel) voted for a 50bps hike. The MPC said it will take Read more…