As expected, the ECB raised its key interest rate by 25 basis points, and the tone of the accompanying statement was fairly optimistic. Although the Bank referred to mounting inflationary pressures and uncertainty stemming from Read more…
An independent grocery chain is preparing to close its only location in one community after 17 years, leaving residents without a nearby full-service grocery store or pharmacy. The move comes as grocery retailers continue to Read more…
Anthropic researcher Jacob Coxon spent three years training the AI systems his industry insists it can control. On September 8, he walked away and said he no longer believes that. What makes his exit unusual Read more…
Dollar is rising against every major currency tracked on the daily Heat Map as the US 10-year Treasury yield breaks 4.9% and Brent climbs above $105, after Houthi militants seized Yemen’s port city of Mocha Read more…
The car sitting in your driveway already does a lot of things you probably never told it to do. It checks for software updates, reports its own diagnostics, and talks to networks you never think 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 We never seem to have enough Read more…
Stocks are trading in their historically weakest month, even as the S&P 500 remains up roughly 22% from its March lows. The rally masks a severe imbalance has opened between the buying power systematic funds Read more…
US producer prices accelerated in August, with final-demand PPI rising from 0.1% to 0.4% m/m, matching consensus, while the annual rate reached 5.4%, slightly above the 5.3% forecast. The underlying measure excluding food, energy and Read more…
US initial jobless claims edged from a revised 207K to 206K in the week ending September 5, slightly above the 205K consensus. The previous week’s reading was revised up from 206K, while the four-week moving Read more…
Investors tend to hesitate before buying a stock that has already climbed more than 1,000%, as that kind of gain usually signals the easy money is gone. However, Mike Khouw just said something noteworthy on Read more…