Slowing wage growth, as well as a solid jobs gains, suggest the Fed might be able to deliver the ‘soft landing’ for the U.S. economy predicted by Jerome Powell earlier this week. Updated at 8:45 Read more…
Wall Street’s ‘fear gauge’ is trading at the highest levels since early March, ensuring another volatile session will follow today’s April jobs report. U.S. equity futures moved lower Friday, although investors are braced for another Read more…
Hats, history and plenty of wagering will all be on display May 7 at the 148th Kentucky Derby. On May 17, 1875 a horse named Aristides crossed the finish line before a crowd of 10,000 Read more…
“Just as consumers are exhibiting the behavior where they’re going back inside restaurants and seeing friends and eating together, they’re also ordering delivery,” said CEO Tony Xu. DoorDash (DASH) – Get DoorDash, Inc. Class A Read more…
Could you live in 262 square feet of space? In some cities, $1,500 in rent doesn’t get you much more than that. While the internet is full of blogs and videos of how to live Read more…
ECB Governing Council member Olli Rehn said today, “We are almost in between a rock and a hard place so that on one hand we have to ensure that the recovery will continue. On the Read more…
BoE Chief Economist Huw Pill told CNBC today that “we face risks on both sides of the economic outlook.” Inflation is going up to 10% because of energy and international goods prices. At the same Read more…
“With forecasts varying widely, one thing that is clear about the 2022 housing market is that the path ahead is uncertain.” Zillow said in a letter to shareholders late Thursday. Zillow (ZG) – Get Zillow Read more…
USDCAD came to the defence of the bulls on Thursday after clinging to a footing near the 23.6% Fibonacci retracement of the 1.2006 – 1.2962 upleg at 1.2736. The price has almost reversed its weekly losses to Read more…
The British pound has stabilized on Friday, after sustaining huge losses a day earlier. GBP/USD is trading at 1.2342 in the European session, down 0.11%. Earlier, the currency fell to 1.2276, its lowest level since Read more…