Equity prices jumped last week, with the S&P 500 index rising 6.2%, its biggest gain since November 2020. Stocks rose sharply last week, with the S&P 500 index climbing 6.2%, its strongest gain since November Read more…
Last week, the BOE hiked rated 25bps to 0.75% and delivered a dovish statement. The central bank noted that further modest tightening “might be appropriate”, as opposed to the previous statement which said that tightening Read more…
It was another dreadful week for the Japanese yen, which fell 1.60%. USD/JPY climbed as high as 119.39 on Friday, its highest level since February 2016. The yen has lost its footing, and the 120 Read more…
The whole world awaits the latest statement from the Fed Dilok Klaisataporn for iStockphoto; Canva What Is the Fed? What Does It Do? The Federal Reserve, also known as the Fed, is the central bank Read more…
T-Mobile has refreshed its prepaid Connect plan offerings, including a new $10 per month plan that the company says is its “lowest price smartphone plan ever,” offering customers 1,000 minutes of talk, 1,000 texts, and Read more…
FOMC is short for Federal Open Market Committee. pabradyphoto for iStockphoto; Canva What Is the Federal Open Market Committee? How Does It Work? The central bank of the United States is known as the Federal Read more…
The strongest weapon in Ford’s long-term challenge to Tesla’s electric vehicle dominance just received some better-than-expected new Monday. Ford Motor Co. (F) – Get Ford Motor Company Report established a key target in its multi-billion effort Read more…
Elon Musk is working on volume 3 of his so-called master plan of innovations. Little by little, Elon Musk is setting up the innovations to which he intends to devote himself in the next decade. Read more…
Chips rebound as long-term plant construction plans take shape The benchmark PHLX Index (SOX) started at 3,432 this week, up 9.1% over the prior week. The SOX remains down 14% on a year-to-date basis. The Read more…
Photo by Chris Welch / The Verge Apple has abruptly removed the option to rent or purchase movies through its Apple TV app on Android TV devices. This also affects devices running Google TV, like Read more…