US initial jobless claims rose 2k to 204k in the week ending September 23, above expectation of 200k. Four-week moving average of continuing claims dropped -6k to 211k. Continuing claims rose 12k to 1670k in Read more…
Royal Caribbean Group owns both Royal Caribbean and Celebrity. That’s not something many passengers notice unless they look pretty closely at the app used by the cruise company where logos for both brands appear. When Read more…
The recurring spectre of a government shutdown has once again loomed over the United States, prompting concerns about its potential economic consequences. The shutdown may occur this weekend unless lawmakers agree on spending levels and Read more…
Theft remains a retail hot topic. A number of major big-box retailers have said that shrink, the industry term for theft, has become an increasing problem. Both Target and Walmart have said that organized retail Read more…
Another mixed session in Europe on Thursday with US futures pointing to a similar open on Wall Street despite some promising inflation figures from the euro area. While the eurozone HICP release isn’t due until Read more…
The price of a troy ounce of gold fell 1.4% on Wednesday to $1875, its most significant drop since early June, building this week’s loss to 2.7%. Gold has not been so cheap in Dollars Read more…
AUDUSD extends downtrend Short-term outlook is gloomy, but recovery attempts still likely Eyes on 0.6300 ahead of RBA meeting AUDUSD plunged to a new 10-month low of 0.6330 on Wednesday, putting the downtrend from July Read more…
The dollar index eases from new 2023 high (106.52) on Thursday, as bulls faced headwinds from overbought condition on daily chart and top of thickening weekly Ichimoku cloud (106.61). The greenback remains well supported by Read more…
Five things you need to know before the market opens on Thursday September 28: 1. — Stock Market Today: Jobs data, Powell speech in focus as Treasury yields steady Stocks are set for a flat open Read more…
GameStop (GME) – Get Free Report shares powered higher in early Thursday trading after the money-losing video game retailer said it named billionaire chairman Ryan Cohen as group CEO. Cohen, who will not take a salary Read more…