Euro is knocked down by renewed concerns over Russia gas supply cut to EU countries. That came after Russia said yesterday that it would cut gas flows through the Nord Stream 1 to Germany, to Read more…
Gold and silver stand ready for a potential comeback… Bond yields fell further this morning as investor concerns about the health of the economy intensified. Not a week has elapsed after the European Central Bank’s Read more…
Did you receive a payment or other property from an estate or trust during the year? If so, here’s what you need to know about how it affects your taxes. I am a beneficiary of Read more…
Walmart’s surprise profit warning has cast a pall over the busiest earnings day of the year Tuesday, with stocks set to open lower as the Fed begins its key rate meeting. U.S. equity futures moved Read more…
The British Pound is back above $1.2000, while FTSE100 is knocking on its 200-day moving average from below, testing the 1.5-month high area. The combination of a rising Pound and FTSE deserves attention, as this Read more…
The Australian dollar has edged lower today. AUD/USD is trading at 0.6937, down 0.15% on the day. Markets brace for higher CPI Australia releases second-quarter CPI on Wednesday, with the markets expecting a sharp acceleration Read more…
“We are already taking proactive steps, including reducing discretionary spending and limiting hiring to critical needs and positions that support growth,” said CEO Mary Barra. General Motors (GM) – Get General Motors Company Report posted softer-than-expected Read more…
When it comes to jobs, real estate prices and returning to the office, recovery for U.S. cities has been mixed. In certain economic indicators, some cities are rebounding, and others are not. The U.S. economy Read more…
“The operating environment across the competitive landscape remains challenging,” said CEO Chris Kempczinski. McDonald’s Corp. (MCD) – Get McDonald’s Corporation Report posted better-than-expected second quarter earnings Tuesday as global comparable sales continued to impress even as Read more…
“Our results reflect the actions we’ve taken to execute for growth in the face of challenges in the operating and macroeconomic environment,” said CEO James Quincey. Coca-Cola (KO) – Get Coca-Cola Company (The) Report posted better-than-expected Read more…