Chicago Federal Reserve President Austan Goolsbee addressed the recent economic concerns in an interview with CNBC, noting that last Friday’s jobs numbers were “weaker than expected” but not yet indicative of a recession. He emphasized Read more…
Key takeaways Refunds for early filers claiming the Additional Child Tax Credit (ACTC) or Earned Income Tax Credit (EITC) are held until at least Feb. 15 to allow the IRS time to match information from 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. It’s been a summer of savings with shopping events like Amazon Read more…
US ISM Services PMI rose from 48.8 to 51.4 in July, matched expectations. Looking at some details, business activity/production rose from 49.6 to 54.5. New orders rose from 47.3 to 52.4. Employment jumped from 46.1 Read more…
Bill Ackman has a big reputation as a risk taker. He shorts and wages war on stocks he thinks are fraudulent. He invests in some companies that crash and burn. He campaigned against college presidents Read more…
AUD/USD has been the worst performer among the major currencies in the past 4 weeks due to a double whammy slow-down growth effect from the US and China. RBA’s “hawkish hold” monetary policy stance on Read more…
Global markets fell into a tailspin Monday, led by the biggest single-day decline for stocks in Japan since 1987, as investors pulled trillions from risk-asset markets amid concerns tied to U.S. recession fears, overpriced tech Read more…
Daily Pivots: (S1) 145.40; (P) 147.59; (R1) 148.76; More… Intraday bias in USD/JPY remains on the downside for the moment. Current fall from 161.94 should target 140.25 support next. On the upside, above 146.40 minor Read more…
Daily Pivots: (S1) 0.8523; (P) 0.8631; (R1) 0.8689; More… Intraday bias in USD/CHF remains on the downside at this point. Current fall from 0.9223 should target a retest on 0.8332 low. On the upside, above Read more…
Daily Pivots: (S1) 1.2729; (P) 1.2784; (R1) 1.2861; More… Range trading continues in GBP/USD and intraday bias stays neutral for the moment. Further decline is in favor with 1.2863 resistance intact. On the downside, below Read more…