Huge properties on the Las Vegas Strip are changing hands, and more big moves are expected. Another domino on the Las Vegas Strip has fallen, and that’s only the beginning since dominoes generally ripple, sometimes with Read more…
Canada retail sales dropped -2.5% mom to CAD 61.3B in July, worse than expectation of -2.0% mom. That’s also the first decline in seven months. Sales were down in 9 of 11 subsectors, representing 94.5% Read more…
Watch the latest news on today’s market selloff, recession fears and Apple’s Super Bowl deal on TheStreet’s Market Open, Friday, September 23. Check back later for a full video transcript. TheStreet is live every weekday Read more…
The dollar is developing its FX offensive, leaving it at highs against a basket of the six major currencies. The main driver of this rise remains the monetary policy differential, where the US has had Read more…
The euro is down sharply today, as the US dollar continues to post gains against the major currencies. In the European session, EUR/USD is trading at 0.9746, down 0.90%. It has been a dreadful week Read more…
Cable accelerates below 1.12 mark on Friday and hit new lowest since 1985, in extension of steep bear-leg from 1.1738 (Sep 13 lower top), which is a part of larger downtrend from 1.4249 (June 2021 Read more…
The Canadian dollar is in negative territory for a fourth straight day. In the European session, USD/CAD is trading at 1.3522, up 0.24% on the day. The US dollar continues to shine, particularly against risk-sensitive Read more…
GBP/USD is down sharply today and has fallen below the 1.11 level for the first time since 1985. In the European session, GBP/USD is trading at 1.1125, down 1.16%. The British pound can’t seem to Read more…
The Dow is set to slump below the 30,000 point mark Friday, as global stocks tumble to fresh two-year lows, amid rising rates and recession concerns. U.S. equity futures extended declines into a fourth consecutive Read more…
Apple will reportedly pay $250 million over five years for title sponsorship rights to the Super Bowl halftime show. Apple (AAPL) – Get Apple Inc. Report looks to have stolen a march on its big tech Read more…