US Inflation Misses Estimates: Consumer Price Index Inches 3.2% Higher In July, Core CPI Slips to 4.7%, Easing Fed Hike Concerns
After 12 consecutive months of declining inflation rates from an over four-decade highs of 9.1% in June 2022,…
Bond Market Braces For July CPI Data: A Test Of The Fed’s Control Over Inflation
The bond market’s anticipation of long-term U.S. inflation is nearing its highest level in over a year, suggesting…
Natural Gas Rockets to 6-Month Highs: These 5 LNG Stocks Could Heat Up
U.S. natural gas prices at the Henry Hub distribution hub surged 6% on Thursday, briefly hitting the $3/MMBtu…
CPI Inflation Data Hits Thursday: 5 ETFs With Potential For Wild Market Moves
The Bureau of Labor Statistics’ long-awaited July Consumer Price Index (CPI) data is scheduled to be released on…
Chinese Equities Fight Back After Deflation Alarm: Investors Await Alibaba’s Earnings
Chinese stocks trading in the U.S. market exhibited timid signs of a rebound, spurred by the release of…
Mortgage Mayhem: Rates Reach Highest Point Since 2002, Rocking Real Estate Market
A notable shake-up is underway in the real estate sector as 30-year mortgage rates experience an unexpected climb,…
Tesla’s Former CFO Kirkhorn Walks Away with $590 Million, Just 0.25% of Elon Musk’s Wealth
Zachary Kirkhorn, who recently stepped down from his role as the chief financial officer of Tesla Inc. (NASDAQ:TSLA),…
Banking Worries Propel Bitcoin: Crypto Rallies Over 2%, Eyeing $30,000 On Strongest Day In A Month
Bitcoin (CRYPTO: BTC) soared by more than 2.6% during Tuesday’s trading session, marking its strongest daily gain since July 13 and reaching its highest levels in two weeks. The cryptocurrency experienced a sudden surge despite the “risk-off” climate impacting U.S.
NVIDIA Launches GH200 Grace Hopper Superchip: A Game Changer In Generative AI Race
NVIDIA (NASDAQ:NVDA) has taken the veil off its revolutionary next-generation platform — the GH200 Grace Hopper Superchip Platform,…
Yellow On The Brink: Asset Sale Through Bankruptcy Looms
Distressed trucking firm Yellow Corp. (NASDAQ:YELL) is reportedly contemplating an asset and real estate sale via a bankruptcy…