US economy displayed robust growth in Q3 2023, surpassing estimates with 5.2% annualized GDP growth. Private inventory investment, consumer spending, and exports all contributed to the growth.
US Stocks Rebound As Treasury Yields, Dollar Fall On Dovish Fed Remarks, Gold Hits $2,040: What’s Driving Markets Tuesday?
November 28, 2:40 PM
U.S. stocks experienced a welcome resurgence on Tuesday, buoyed by the latest comments from Federal Reserve officials.
November 28, 1:58 PM
Since hitting an 11-month high in early October, the US dollar index (DXY) has fallen 3.8% and this has been largely due to investors backing the recent equity market rally, analysts at Bank of America said on Tuesday.
November 17, 3:38 PM
Wall Street experienced a relatively quiet session as the week came to a close, with the three major averages hovering around parity in midday trading in New York, yet still on course for their third successive week of gains.
November 14, 1:27 PM
The October CPI report in the U.S. reveals a decline in annual inflation and core inflation, drawing analysis from economists on its positive implications for the economy.
Israel-Hamas War, Day 39: Gaza Hospitals Become Epicenter Of Fighting, Biden Calls For Patient Safeguards
November 14, 12:03 PM
Israeli military operations in Gaza focus on hospitals amid reports of Hamas using them for military purposes, sparking international concern and diplomatic talks 39 days into the war.
US Inflation Eases More Than Expected In October, Cements Expectations For End Of Interest Rate Hikes
November 14, 9:37 AM
US inflation rate in Oct 2023 decelerated to 3.2% YOY, below economist expectations.
Israel-Hamas War, Day 24: Israel Expands Operations In Gaza, UN To Hold Emergency Meeting, World Bank Sees Surging Oil Prices
October 30, 9:28 AM
The United Nations Security Council is convening Monday to discuss Israel's ground invasion of Gaza, while the World Bank is projecting a substantial increase in oil prices as a result of the conflict.
October 26, 2:45 PM
Inflation watchers are looking at what economists are forecasting for their September PCE Report, plus 5 ETFs to watch.
Israel-Hamas War, Day 20: IDF Tanks Conduct Tactical Raids In Northern Gaza As Ground Offensive Looms; Erdogan Criticizes Israel
October 26, 9:59 AM
On the twentieth day of the Israel-Hamas conflict, Israeli Prime Minister Benjamin Netanyahu has formally announced that Israel is preparing for. a ground invasion in Gaza.