This year ‘is likely to be a more challenging and more mean-reverting year for digital assets,’ JPMorgan strategists write. Bitcoin has soared 25% over the past 19 days, but that hasn’t made a believer out Read more…
The dollar index edges lower on Wednesday after rebound on better than expected US NFP showed signs of stall. Repeated failure to clear initial Fibo resistance at 95.66 (23.6% of 97.42/95.12 bear-leg) weakened near-term structure, Read more…
A long-time guest favorite will soon make way for something new. Las Vegas has a long memory but it also forgets easily. Parts of the city either seem frozen in time or offer warm nods Read more…
Republic Services agreed to pay $48 a share, or about $1.5 billion, for US Ecology, bringing together two major environmental-services companies. Republic Services (RSG) – Get Republic Services, Inc. Report definitively agreed to pay $48 a Read more…
Apple’s Mac desktops are popular in the creative and software-developer spaces, but major enterprise and commercial market adoption may not be far away. Apple (AAPL) – Get Apple Inc. Report is already one of the world’s Read more…
Disney+ is adding content, and ramping-up its marketing, as it looks to win over subscribers from Netflix after a poor December quarter and unpopular price increases. Walt Disney (DIS) – Get Walt Disney Company Report shares Read more…
Sunday’s Super Bowl LVI isn’t just the big game for football and advertising. It’s also the big game for gambling. Sunday’s Super Bowl LVI isn’t just the big game for football and advertising. It’s also Read more…
US commercial crude oil inventories dropped -4.8m barrels in the week ending February 4. At 410.4m barrels, oil inventories are about -11% below the give year average for this time of year. Gasoline inventories dropped Read more…
In a Twitter Q&A, ECB Executive Board member Isabel Schnabel said, “in the 1970s rising oil prices triggered a harmful price-wage spiral, as inflation expectations drifted away.” But, “today longer-term inflation expectations are well-anchored. We Read more…
Disney’s return of a pandemic-canceled favorite activity may encourage more people to book Disney vacations. The Covid pandemic made a lot of things that people really enjoy impossible because of the inability to social distance. Read more…