Over half of Americans order packages delivered to their homes – but will their parcels actually get through the front door this holiday season? At least one societal change stemming from the pandemic lockdowns is Read more…
The billionaire, who has kept a low profile lately, faces a lawsuit from a former housekeeper for discrimination. He denies the charges. Billionaire Jeff Bezos has been keeping a low profile in recent months. He Read more…
Starbucks stock is in focus with the coffee chain’s earnings report on deck on Thursday. Here are the key levels to know on the chart now. Outside tech, investors can find stocks that remain constructive. Read more…
The fast-food giant rarely makes menu changes. Since the pandemic, McDonald’s (MCD) – Get McDonald’s Corporation Report has mostly relied on gimmicks and celebrity tie-ins. Instead of adding new burgers or other menu items, the Read more…
Bank of England Review: A One-off 75bp Hike In line with our expectation, the BoE today hiked policy rates by 75bp, bringing the Bank Rate to 3.00%. We expect fiscal tightening and recession to weigh Read more…
Markets After the Fed, the spotlights redirected to the Bank of England. The central bank voted in a 7-2 decision to raise rates by 75 bps to 3%. The two defectors voted either for a Read more…
With the Fed meeting out of the way, investors will turn to the latest US employment report that is out at 12:30 GMT Friday. Economists expect another solid nonfarm payrolls print, although there is some Read more…
The US labor market has taken a bit of a back seat as the Fed focuses everything on getting inflation down. But, that might be about to change. There are some signs that traders need Read more…
Summary The Bank of England (BoE) raised its policy rate aggressively at today monetary policy announcement, raising its Bank rate by 75 basis points to 3.00%. However, there were also signals from the BoE that Read more…
US ISM Services PMI dropped from 56.7 to 54.4 in October, below expectation of 55.2. That’s also the lowest reading since May 2020. Looking at some details, business activity/production dropped from 59.1 to 55.7. New Read more…