The Australian dollar is drifting on Wednesday, after taking quite the ride a day earlier, courtesy of the RBA rate decision. RBA hawkishness sends Aussie soaring AUD/USD rocketed some 200 points at one stage on Read more…
The billionaire has become the largest shareholder of the micro-blogging website. Elon Musk has ended some of the speculation surrounding his surprise Twitter (TWTR) – Get Twitter, Inc. Report investment. On April 4, the chief executive Read more…
Is $1 million enough to retire early? It might be, depending on where you live. How much do you need to retire? One rule is that by age 60, you should have 7-9 times your Read more…
JetBlue said it’s planned takeover of Spirit would allow it to challenge larger rivals, but regulators may have questions over its impact on consumer choice. Spirit Airlines (SAVE) – Get Spirit Airlines, Inc. Report shares slumped Read more…
Musk, who began amassing Twitter shares in January, submitted a new 13-D filing with the SEC last night, confirming his active interest in the micro-blogging website. Elon Musk conceded late Tuesday what pretty much everyone Read more…
The dollar is rising against most of its major rivals on the latest hawkish comments from the Fed. The futures market lays a 77% chance of a 50-point rate hike at the next meeting in Read more…
It’s not a bank, yet it could do well in the wake of Fed rate hikes, Real Money Columnist Stephen ‘Sarge’ Guilfoyle argues. In a rising rate environment, about the only companies you might expect Read more…
Stock futures lower, bond yields surge on hawkish Fed concerns; Fed minutes: balance sheet run-off in focus as rate bets hold; Musk refiles SEC paperwork, indicates ‘active’ role from Twitter stake; JetBlue makes $3.6 billion Read more…
NZDUSD’s upside momentum has softened above the simple moving averages (SMAs) after a persisting two-month uptrend spiked toward the upper Bollinger band at 0.7033. The negative slopes of the longer-term 200- and 100-day SMAs have Read more…
ECB Executive Board member Fabio Panetta said in a speech that the high inflation in Eurozone is “mostly due to global factors – including the increase in the prices of oil, gas and other commodities Read more…