If strong inflation and jobs numbers continue, ‘I think a March liftoff would be appropriate,’ said Atlanta Fed President Raphael Bostic There’s a good chance that the Federal Reserve should begin raising interest rates in Read more…
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‘We will use our tools to … prevent higher inflation from becoming entrenched,’ said Fed Chairman Jerome Powell. Federal Reserve Chairman Jerome Powell set the stage for the central bank to raise interest rates in Read more…
Stock markets are enjoying some reprieve after a rocky start to the week and investors will be hoping earnings season provides more cause for optimism in the weeks ahead. The January blues are alive and Read more…
Kansas City Fed President Esther George said, “my own preference would be to opt for running down the balance sheet earlier rather than later as we plot a path for removing monetary accommodation.” Separately, Cleveland Read more…
IBM is facing near-term risk to fourth-quarter operating estimates and an ‘elevated valuation,’ UBS says. IBM (IBM) – Get International Business Machines Corporation Report shares will be left “vulnerable” over the next 12 months, according to Read more…
Valerie Capers Workman, head of the company’s human resources department, leaves as the company faces accusations of racism. The electric vehicle corporate shuffle hit Tesla (TSLA) – Get Tesla Inc Report Tuesday as the company’s Valerie Read more…
EURCHF buyers have dominated ever since touching a 6½-year low of 1.0325, plotting four consecutive green candles, which has steered the price above the 50-day SMA of 1.0442 and the 1.0469 level, which is the Read more…
The Australian dollar continues to have a quiet week and is unchanged in Tuesday trade. In the European session, AUD/USD is trading at 0.7170. Australia’s retail sales soar Australian consumers opened their purse strings in Read more…
The fast-food giant has a new take on its signature sandwich, The Whopper. Remember McDonald’s (MCD) – Get McDonald’s Corporation Report Mighty Wings? The Burger King Halloween Whopper? What about Wendy’s (WEN) – Get Wendy’s Read more…