Risk sentiment deteriorated sharply today as investors concluded that the Trump-Xi summit failed to deliver a credible diplomatic breakthrough on the Strait of Hormuz, forcing markets to begin pricing a longer-lasting inflation shock tied to Read more…
Shares of Qualcomm (QCOM) are pulling back this week after a massive post-earnings rally. The semiconductor rally slowed this week, with Qualcomm shares plunging more than 11% on May 12 and another 6% on May Read more…
Steak prices are up — why, how long will it last, and can imports help? Economist Dr. David Anderson breaks down the April inflation spike, the drivers behind rising beef costs (smaller cattle herd, higher Read more…
Most Americans treat their 401(k) as a one-stop retirement plan, contribute what they can, and assume the job is done. That approach leaves thousands of dollars in potential tax savings unclaimed every year in accounts 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 A dependable everyday bag can make Read more…
USDCAD rises above 1.3700 as gains extend for second consecutive week. Technical bias remains positive, but caution emerges near 50-SMA. USDCAD has traded mostly in positive territory since the beginning of May. After stabilizing around Read more…
Market Overview The crypto market is trading within a narrow range, having bounced off its upper boundary at $2.73T and retreated to $2.67T at the time of writing. New records on the US stock market 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. Every global conflict impacts the world economy in different ways. While Read more…
Gold continued its decline on Friday, falling to 4,619 USD per ounce. The week is set to close with losses of around 1%, as mounting US inflation puts pressure on the market. Rising prices reinforce Read more…
The Trump-Xi summit was supposed to calm oil markets. Instead, it may have convinced traders that the global energy system is adapting to a prolonged Hormuz disruption rather than preparing for its resolution. Brent crude Read more…