The NFIB’s Small Business Optimism Index rose 2.1 points to 97.4 in June, moving closer to its 52-year average of 98.0. The Uncertainty Index fell 2 points to 89, although it remains elevated relative to Read more…
The Social Security Trustees finally released their long-awaited update on the program’s finances on June 9. The report is 273 pages long, so I’ll give you the highlights. In a nutshell, Social Security’s current setup Read more…
Dollar fell broadly in early trading after June CPI delivered a much larger-than-expected downside surprise, shifting market attention away from escalating geopolitical risks and back toward a more benign inflation outlook. Headline CPI fell -0.4% Read more…
US inflation slowed much more than expected in June, offering the first meaningful challenge to the recent surge in Federal Reserve tightening expectations. Headline CPI fell -0.4% mom, slowing from 0.5% mom in May, while Read more…
Legal claims and investor lawsuits are among the issues facing certain oil industry companies that have filed for bankruptcy protection. Petroleum products dealer Fuel Group Trading LLC filed for Chapter 11 bankruptcy protection to reorganize Read more…
A staggering number of workers are quietly steering their financial futures blindfolded. While checking a digital balance or running a basic calculation feels like proactive planning, relying entirely on static, one-size-fits-all retirement rules of thumb Read more…
The Bundibugyo strain of Ebola, a catch-all term used for a group of viruses that damage the organs and lead to internal bleeding, continues to spread through several African countries. The latest statistics from the Read more…
Brent price rallies for the second consecutive day on intensifying hostilities between the US and Iran that resulted in closure of strategic Strait of Hormuz and fueled fears about prolonged supply disruptions that may send Read more…
EUR/USD is still bounded in consolidations above 1.1323 and intraday bias stays neutral. With 1.1499 support turned resistance intact, further decline is expected. On the downside, break of 1.1323 will resume the fall from 1.2081 Read more…
Intraday bias in USD/JPY remains neutral as consolidations continue below 162.84. In case of another fall, downside should be contained by 38.2% retracement of 155.01 to 162.83 at 159.84. On the upside, firm break of Read more…