Summary United States: FOMC Still Has Cover to Focus on Inflation Employers continued to add jobs at a steady clip in October, demonstrating the labor market remains tight and the FOMC will continue to tighten Read more…
U.S. Highlights The Fed increased the monetary policy rate by 75 basis points to a range of 3.75-4%, opened the door to a slower pace of tightening, while also setting expectations for a higher terminal Read more…
‘Financial concerns are the top consideration for why people are not traveling this year,’ Deloitte’s Mike Daher told TheStreet. Holidays are one of the busiest times for traveling but, this year, inflation is putting a Read more…
The old-school airline is making fun of something that actually makes its discount rival a better bet for budget-conscious travelers (and maybe travelers in general). Southwest Airlines (LUV) – Get Southwest Airlines Company Report has Read more…
Bonds are now attractive for those looking to strengthen the fixed-income portion of their portfolios. While the Federal Reserve’s interest-rate increases have sent stock prices reeling, they have sent bond yields soaring. And that has Read more…
What are CBDCs, and why are they getting so much attention? What are CBDCs? Central bank digital currencies (CBDCs) are a hot topic in the world of finance and economics. In this blog post, we’ll Read more…
The e-commerce giant is weakened by the economic slowdown. 2022 is a year to forget very quickly for Amazon (AMZN) – Get Amazon.com Inc. Report. The e-commerce giant symbolizes the return to earth of the Read more…
The billionaire is the new boss of the Twitter he’s trying to revive. Elon Musk seems to be waking up from a bad dream. Tesla’s billionaire CEO is discovering a new reality linked to his Read more…
Caesars and MGM dominate the Strip, but another player seems willing to challenge that standing. Caesars Entertainment (CZR) – Get Caesars Entertainment Inc. Report and MGM Resorts (MGM) – Get MGM Resorts International Report thoroughly dominate the Read more…
Apple generated over $110 billion in free cash flow during its fiscal 2022, up 20% year-over-year. 7investing Lead Advisor Anirban Mahanti reviews the company’s Q4 2022 earnings and discusses the road ahead. By Anirban Mahanti, Read more…