Cryptocurrencies
Elon Musk, Twitter Eye a Lucrative Market
The new social media boss is building his vision of an everything platform. Elon Musk is a man in a hurry. He wants to move fast. The new boss and owner of the social network Read more…
Cryptocurrencies
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 0.9975; (P) 1.0031; (R1) 1.0070; More… EUR/USD’s break of 1.0092 resistance now confirms resumption of whole rebound from 0.9534. Intraday bias is back on the upside for 38.2% retracement of 1.1494 to Read more…
Cryptocurrencies
Dollar Dives after Lower than Expected CPI Readings
Dollar dives sharply in early US session after lower than expected CPI readings. CPI might have really started to turn around, and that would support Fed to start slowing the pace of tightening. For now, Read more…
Cryptocurrencies
Drowning In College Expenses? Consider These Tax Moves – Q&A Pro Series
College expenses can be overwhelming, but did you know there are some tax moves parents can take now to reduce their tax bill in 2023? Our tax pro says these are the key credits and Read more…
Cryptocurrencies
Stock Market Today: Stocks Surge On Cooling October Inflation Data; FTX Teeters On the Brink
A notable slowdown in October inflation pressures has stocks trading sharply higher and bets on smaller Fed rate hikes surging heading into the start of the Thursday session. Updated at 9:02 am EST U.S. equity Read more…
Cryptocurrencies
US initial jobless claims rose 7k to 225k
US initial jobless claims rose 7k to 225k in the week ending November 5. Four-week moving average of initial claims rose 250 to 218.75k. Continuing claims rose 6k to 1493k in the week ending October Read more…
Cryptocurrencies
US CPI slowed to 7.7% yoy, CPI core slowed to 6.3% yoy, below expectations
US CPI rose 0.4% mom in October, below expectation of 0.7% mom. Core CPI rose 0.3% mom, below expectation of 0.5% mom. Energy rose 1.8% mom while food rose 0.6% mom. Over the last 12 Read more…
Cryptocurrencies
October Inflation Slows Sharply To 7.7%, Sparking Fed Pivot Bets; Stock Futures Surge
Big declines in headline and core inflation data for the month of October is triggering big bets on slower Fed rate hikes and a huge rally on Wall Street. Updated at 8:44 am EST U.S. Read more…
Cryptocurrencies
Lowes Just Sold Off a Hefty Chunk of its Stores
The big-box home improvement store also pocketed a chunk of change. The housing and home improvement markets will always go hand-in-hand. If new houses are being built, contractors need tools to buy them. If people Read more…
Cryptocurrencies
Burger King Menu Adds a New Take on a Beloved Classic
The chain rarely dips back this far into its past, but it’s bringing back a new version of a 1980s menu favorite that’s very different from anything McDonald’s offers. Restaurant Brands International’s (QSR) – Get Read more…