Markets Brent oil is closing in on the psychologically important $100 barrier, touching an intraday top of $99.46 before paring gains somewhat. Tensions between the US and Iran flared up again militarily, crushing any hope Read more…
Michael Burry is famous for making bets that look strange before they look obvious. His latest one may be his most personal. The investor most famous for forecasting the collapse of the U.S. housing market Read more…
The NFIB Small Business Optimism Index declined by 1.1 points to 98.7 in August, but held above its 52-year historical average of 98.0. The Uncertainty Index retreated by 2 points to 89, remaining notably elevated Read more…
Brent hit new multi-week high on Tuesday following fresh escalation in the Middle East which threatens to further disrupt a tiny flow through the key Strait of Hormuz supply route. The price neared psychological $100 Read more…
A $40 billion institutional trade cycles through Vanguard’s S&P 500 exchange-traded fund (VOO) every quarter, affecting retirement account holdings, Bloomberg reported. Foreign institutions are behind the quarterly movement, exploiting a scheduling gap between VOO and 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 Patio sets literally come in all Read more…
Why Brent’s break above $99 is reordering currency rankings today without yet triggering a broader macro repricing Today’s themes: CAD: Brent’s acceleration above $99 pushed Canadian Dollar to the top of today’s rankings, a terms-of-trade Read more…
Borrowers and would-be homeowners have been grappling with high mortgage rates for some time, making the road to homeownership very difficult for many. As of September 3, the 30-year average mortgage rate stands at 6.71%, Read more…
Ciena (CIEN) just delivered one of its strongest quarters ever. Then the stock fell hard anyway. That contrast has left many investors unsure of what to do next. Citigroup has now stepped in with a Read more…
RBA Deputy Governor Andrew Hauser kept the door firmly open to further tightening on Tuesday, describing inflation as the economy’s “one big problem” and saying Australians were understandably “furious about inflation.” In an interview with Read more…