Weak US ADP employment data (44k, well below expectations) reinforced the market’s already-building conviction that the Fed has room to hold rates, a narrative driven primarily by growing optimism that the Strait of Hormuz could reopen soon and ease energy-driven inflation risk.
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While many smaller airlines already struggle to stay in business due to the astronomical costs of being in aviation, the price of jet fuel that spiked after the attack on Iran has dealt unexpected blows Read more…
Consumers consistently say they want healthier fast-food options, but when it’s time to order, many still choose taste, value and convenience instead. McDonald’s, for example, no longer even has a salad on the menu because Read more…
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