Markets Markets also today held a wait-and see modus ahead of Fed Chair Kevin Warsh’s speech at the Jackson Hole Fed symposium tomorrow. Eco data (wider than expected US trade deficit in July, ongoing mild Read more…
Artificial intelligence is making it easier to do a lot of things. Committing crimes may be one of them. As AI systems become more capable, the tools available to criminals are changing in ways that Read more…
The dollar index remains constructive and extends recovery on Thursday, with hotter than expected US inflation (PCE Index) in July, reviving expectations for Fed’s more hawkish stance and offering fresh support to the greenback. Wednesday’s Read more…
Why Dollar’s steadying looks like positioning ahead of Friday’s Warsh speech, while Aussie’s rally is being driven by genuinely new information What’s happening: Dollar steadied Thursday, but the move looks tactical rather than structural, September Read more…
Cathie Wood, chief of Ark Investment Management, often trims her biggest winners after sharp rallies. This week, she’s selling Tempus AI (TEM), taking some shares off the table after the healthcare AI stock surged nearly Read more…
US initial jobless claims fell from a revised 207K to 203K in week ending Aug. 22, beating consensus of 209K. The latest reading keeps claims near historically low levels and suggests employers remain reluctant to Read more…
Nvidia reported earnings on Aug. 26. Wall Street expected it to beat. Bank of America was not particularly interested in that part of the story. The firm’s note, published ahead of the report, was really 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 After a nice hot shower or Read more…
Gold’s upward momentum has weakened as investors take profits ahead of Fed Chair Kevin Warsh’s speech at Jackson Hole. Lower Treasury yields and a weaker US dollar have supported gold by reducing the opportunity cost Read more…
ECB’s unanimous decision to hold rates in July concealed a distinctly hawkish debate, according to accounts of Governing Council’s July 22–23 meeting in Frankfurt. While all members ultimately backed pause, some said they “would not Read more…