Burger King takes aim at competitor with new menu item. Burger King is no stranger to brining the heated competition between fast-food chains. When McDonald’s brought the world Chicken McNuggets, Burger King brought consumers whole Read more…
The Canadian dollar has edged lower on Wednesday. In the North American session, USD/CAD is trading at 1.3428, up 0.42%. Is Canada heading towards a recession? The Canadian consumer is in a sour mood. I Read more…
US durable goods orders rose 1.0% mom to USD 277.4B in October, above expectation of 0.4% mom. New orders were up seven of the last eight months. Ex-transport orders rose 0.5% mom to USD 179.6B, Read more…
US initial jobless claims rose 17k to 240k in the week ending November 19, above expectation of 224k. Four-week moving average of initial claims rose 4.4k to 227k. Continuing claims rose 48k to 1551k in Read more…
Stocks are moving cautiously higher Wednesday ahead of the release of minutes from the Fed’s November policy meeting later this afternoon. Updated at 8:42 am EST U.S. equity futures moved modestly higher Wednesday, following on Read more…
The AAA says 55 million Americans are driving or flying to their Thanksgiving destinations this year. Thanksgiving is a holiday for family, food, and football. And travel. Lots and lots of travel. Nearly 55 million Read more…
More disruptions at a key China factory, as well as a warning on high-end iPhone availability from Best Buy, has Apple moving lower again Wednesday. Apple (AAPL) – Get Free Report shares edged lower Wednesday following Read more…
The US Dollar started a fresh decline from well above the 145.00 zone against the Japanese Yen. The USD/JPY pair traded below the 142.00 level to move into a short-term bearish zone. The pair traded Read more…
In the monthly report, Bundesbank said “all in all, despite the higher than expected economic activity in the summer quarter, a recession in the German economy is to be expected in the winter half-year.” Downward Read more…
Tesla shares have shed more than $700 billion in market value since peaking in early November of last year, but analysts now suggest the carmaker is poised for a comeback. Tesla (TSLA) – Get Free Read more…