Federal Reserve Chairman Jerome Powell stunned markets this week by effectively ruling out the chances of a March rate cut, citing stubbornly high inflation and a resilient job market. Powell and his rate-setting colleagues on Read more…
The city of Oakland, Calif. has been struggling with crimes, particularly car theft, over the last few years — and some institutional commercial establishments are starting to be affected. Less than two weeks ago, In-N-Out Read more…
The crackdown on password sharing just got more aggressive. Disney is starting to hone in on the practice as its streaming service Hulu just warned customers that it is “adding limitations” on users sharing their Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, February 1. Related: Disney+, Hulu and ESPN+ are making a major change Read more…
The ISM Manufacturing Index ticked up to 49.1 in January, handily beating the 47.2 level markets had expected. Four industries reported growth in January, up from one in December. The new orders sub-index flipped to Read more…
Big tech earnings season will continue after the bell Thursday, with Amazon (AMZN) – Get Free Report, Apple (AAPL) – Get Free Report and Meta (META) – Get Free Report all reporting their highly anticipated Read more…
RBA stands pat in December after considering a hike Rate cut bets come forth after weak data and slowing inflation But CPI details may allow officials to keep the tightening door open The decision will Read more…
AUDCAD continues to trim gains, reaches key support level Technical picture reflects oversold conditions AUDCAD erased more than half of its October-December upleg to find support around the November 13 low of 0.8755, which overlaps Read more…
At today’s monetary policy meeting the BoE left the Bank Rate unchanged at 5.25% as widely expected. The BoE explicitly removed its tightening bias and signalled a shift to a more neutral stance on monetary Read more…
Copper prices on the retreat after hitting wall at 50% Fibonacci But head towards breakout from bullish pennant Near-term bias is neutral Copper futures (HGCOP) confirmed the formation of a bullish pennant pattern after failing Read more…