Summary The U.K. economy is displaying increasingly divergent trends. CPI inflation has continued to trend higher, reaching 5.4% year-over-year in December, and could peak as high as 6.5% to 7.0% before inflation begins to recede. Read more…
A skittish stock market and a struggling box office are complicating the theater chain’s attempts to turn around its debt situation. Let’s give credit where it’s due. Most people don’t follow through with their New Read more…
How many rate hikes are necessary to control inflation given that the BOC sees it returning to 2% over the long run? The Bank of Canada left rates unchanged at all-time lows of 0.25%. Markets Read more…
No breakout yet, though The pound has been range-bound against the Canadian dollar for the last week and that remains the case so far today, despite the Bank of Canada holding off on raising interest Read more…
DraftKings has lost two-thirds of its value since September. Morgan Stanley says it’s a good bet. Investors who have are looking to buy a dip should look toward DraftKings (DKNG) – Get DraftKings Inc Class Read more…
Bestselling franchise will remain on Sony platforms through 2023 at least, even though its owner is being acquired by Microsoft. The next three titles of “Call of Duty,” the hugely popular first-person shooter franchise, will Read more…
McDonald’s reports earnings Thursday morning, and the chart shows two main levels investors should know. In a busy week of earnings reports, McDonald’s (MCD) – Get McDonald’s Corporation Report is set to report for Q4 on Read more…
Jimmy Fallon, Paris Hilton and Eminem are all part of the exclusive Bored Ape Yacht Club. Celebrities are all in on the NFT craze as tens of millions of dollars have poured into purchasing non-fungible Read more…
The ballooning valuation shows that investors are keeping their confidence in crypto, even as the prices of bitcoin and other tokens have tumbled. Crypto exchange FTX US has secured an additional round of funding worth Read more…
Monetary Policy Report Press Conference Opening Statement Good morning. I’m pleased to be here with you to discuss today’s policy announcement and the Bank of Canada’s Monetary Policy Report (MPR). I am especially pleased to Read more…