US services activity strengthened more than expected in August, with ISM PMI Services rising from 54.1 to 55.4, above 54.3 consensus and marking a 26th consecutive month of expansion. Demand indicators were particularly strong: Business Read more…
Markets The Japanese yen surges towards its strongest levels since May against the US dollar. USD/JPY changes hands around 156 with the 155 support zone nearing fast. BoJ policymaker Takata kickstarted the JPY’s two-day rally Read more…
ProShares S&P 500 Dividend Aristocrats ETF (NOBL), barely moved on September 1 while the broader market sold off hard. Wall Street’s first trading day of September turned into a rout, and the fund’s calm stood Read more…
One crazy thing I have learned from technology companies is that the first narrative is rarely the final one. Cybersecurity has proved that. When AI took the podium and every headline, the fear was that Read more…
The S&P 500 has delivered double-digit gains in 2026, and the rally has outlasted every warning thrown at it so far. One of Wall Street’s most closely tracked positioning gauges is now flashing a different Read more…
McDonald’s rarely changes its dessert menu aside from adding seasonal McFlurries and bringing back the Shamrock Shake every year. Recently, however, the chain brought back its classic fried apple pie for the first time in Read more…
Fed Governor Christopher Waller said Thursday he is leaning toward keeping rates unchanged at September 15–16 FOMC meeting if recent disinflation continues, arguing latest data finally show “some signs of disinflation.” Speaking at Reuters NEXT Read more…
USD/JPY broke decisively through 157.99 to around 156, bringing the 155 area back into range, as Yen’s rally gathers fresh momentum from speculation that Japan’s roughly $2 trillion GPIF could raise its domestic bond allocation, Read more…
After years of losses and mounting financial pressure, a longtime luxury retailer recently received a new owner that promised to reshape the struggling business and return it to profitability. But the change in ownership has Read more…
Tech companies have been sending difficult messages to employees all year. Meta did it in May, shedding roughly 8,000 workers in one of the largest rounds of job cuts the company has ever made, as Read more…