The Governing Council today decided to raise the three key ECB interest rates by 75 basis points. This major step frontloads the transition from the prevailing highly accommodative level of policy rates towards levels that Read more…
Oil broke a major support line on Wednesday, falling to its lowest since January. The significance of the breakout is further underlined by its strength, with an intraday drop of more than 6%. Oil prices Read more…
A Las Vegas Strip entertainment venue introduces an attraction very familiar to Disney theme park fans. Disneyland Resort in Anaheim, Calif., in February 2001 opened its California Adventure theme park, which included a soon-to-be popular attraction Soarin’ Read more…
Consumers are still impacted by higher inflation rates for their upcoming holiday purchases. High inflation rates are impacting consumer shopping habits for the holiday season, a new Bankrate survey revealed. At least 40% of shoppers Read more…
Companies backed by Elon Musk, Jeff Bezos, Sir Richard Branson and others have some out-of-this-world ideas on how to move stuff around the world faster. Now here’s a novel way to solve the supply chain Read more…
A key ECB rate decision, as well as a monetary policy discussion with Fed Chair Jerome Powell, are expected before the start of trading Thursday. Wall Street futures edged modestly higher Thursday, while the dollar Read more…
ECB rate decision & Truss’ energy support package in focus The euro is pushing higher ahead of the ECB rate decision later today. The big question is whether the central bank will raise interest rates Read more…
Cable remains at the back foot following Wednesday’s brief probe below 2020 low (1.1410) that posted new lowest since 1985. Subsequent bounce left Hammer candlestick, generally bullish signal, which so far did not provide any Read more…
The Euro edges lower in early European trading on Thursday, following 1.02% bounce on Wednesday, as recovery is facing strong headwinds from parity area, now reverted to significant resistance. Technical studies on daily chart have Read more…
“Our path to becoming a more diversified and tech-centric business is one that obviously carries risk and will take time,” said CEO Matt Furlong. GameStop (GME) – Get GameStop Corporation Report shares powered higher Thursday after Read more…