Commodity-linked currencies strengthened after US inflation data came in weaker than expected. The Consumer Price Index (CPI) slowed to 3.5% year-on-year in June, below the 3.8% forecast, while core inflation eased to 2.6% versus expectations Read more…
GBP/USD rose to 1.3403 on Wednesday, with British politics taking centre stage for investors. The market is assessing the upcoming change of prime minister, with Andy Burnham set to take office on 20 July. Of Read more…
Netflix (NFLX) spent the past two years defending its lead with price hikes and a password-sharing crackdown. The next phase looks different. The streaming giant is among several companies in early talks to acquire Letterboxd. Read more…
Markets The June US CPI inflation report rendered a huge downward surprise. A larger than expected decline in energy inflation pulled prices 0.4% lower M/M (vs -0.1% consensus) with the Y/Y-reading slowing from 4.2% to Read more…
Q2 GDP and the June partial data highlighted (yet again) aggregate growth’s reliance on external demand. Domestic businesses and households are in need of immediate, pro-active support. Q2 GDP and the June activity data provided Read more…
Millions of near-retirees believe Social Security is on the verge of total collapse, which pushes many of them to start collecting benefits at age 62, according to the AARP . Charles Schwab, one of the Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal As you’re putting away clean, freshly-folded Read more…
If you have applied for a mortgage, you know that lenders scrutinize everything from your credit score to your employment history before approving a loan. For a growing segment of borrowers who use Individual Taxpayer Read more…
By the time the Bank of Canada announces its policy decision today, the Canadian Dollar has already built a powerful foundation for further gains. USD/CAD has fallen to its lowest level in nearly a month, Read more…
China’s economy expanded 4.3% year-on-year in the second quarter, slowing from 5.0% in the first quarter and missing expectations of 4.5%. It marked the weakest pace of growth since 2022. That left first-half GDP growth Read more…