A projected funding gap could trigger an automatic 22% reduction in Social Security benefits by 2032 unless policymakers intervene. The latest annual trustees report, released earlier this month, projects that the Old-Age and Survivors Insurance Read more…
JPMorgan’s head of global markets strategy Dubravko Lakos-Bujas published the bank’s mid-year outlook on June 24 with an admission buried near the top. The firm had been “much too cautious” on earnings coming into 2026. Read more…
Nike (NKE) has spent nearly two years trying to convince investors that it’s on track to deliver a turnaround in its business. However, this week, Evercore ISI, a closely followed Wall Street firm, said the Read more…
Restaurant customers are looking for reasons to go out. That is especially true this summer, with the FIFA World Cup, and more importantly, the early excitement building ahead of America’s 250th anniversary celebrations in 2026. Read more…
Gold is rebounding at the end of the week after a correction in the odds of two key Fed rate hikes this year. Nevertheless, the price is falling for the fourth consecutive week. Since the Read more…
The post-IPO drop from SpaceX could be felt by traders who chased one of the hottest public offerings in years. It’s quickly turning into something bigger. SpaceX (SPCX) has already transitioned from market spectacle to 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 Multi-drawer organizers are proof that simple Read more…
We expect real gross domestic product in Canada to show a 0.4% increase in April on Tuesday after stagnating for two straight quarters. That would be consistent with Statistics Canada’s preliminary estimate a month ago, Read more…
Dollar strength dominates markets, as the hawkish Fed overshadows geopolitics and lower oil prices. NFP week could drive September Fed hike expectations and boost market volatility. The euro lacks fresh bullish catalysts, all eyes on Read more…
The US-Iran deal and a tech sell-off in equity markets have set the scene this week. The US-Iran deal continued to drive oil prices lower with brent oil declining to USD73 coming from USD120 at Read more…