‘Cuts Are Coming’: 7 Economists On December Inflation Data, What It Means For The Fed, Markets
PCE inflation held at 2.6% in Dec, below forecast. Core inflation at 2.9%, suggests potential rate cuts.
Fed’s Favorite Inflation Measure Holds At Nearly 3-Year Lows, Bolstering Market Rate Cut Bets
Inflation data released Friday matches economist estimates and could cement the chances of Fed interest rate cuts in 2024.
Tesla’s Bloodbath No Deterrent For Cathie Wood, Ark Mops Up $32.5 Worth Of Shares, What Lies Ahead For The Stock?
Ark Invest swooped up Tesla shares Thursday at a bargain price as the stock fell to an 8-month low amid negative reaction to earnings.
EXCLUSIVE: Inverse Cramer ETF Shuts Down — How The Magnificent 7 Stocks Factor In And ‘A Broken Clock Is Right Twice A Day’
An ETF created to bet against TV personality Jim Cramer is closing. A look at why the fund is closing and what's next.
ECB’s Lagarde Rejects Recession Label For Europe, Recalls Yellen’s ‘Forget It’ Remark
ECB President Christine Lagarde challenges the traditional recession definition, focusing on robust labor markets despite potential negative growth in the Euro Area.
Champagne On Hold: Why The Fed’s Preferred Inflation Gauge Report Friday Is Key To Wall Street’s Victory Lap
Set for release at 8:30 a.m. ET Friday, the Bureau of Economic Analysis will unveil the Personal Consumption Expenditure (PCE) price index report for December. This index is also referred as the Federal Reserve's favorite inflation gauge, heavily influencing their monetary policy decisions in the coming months.
Travis Scott, Billie Eilish, Dua Lipa, Jon Baptise: 2024 GRAMMYs Set For Knockout Year – How Can Investors Capitalize?
Travis Scott, Luke Combs, and Burna Boy have just been announced as new additions to the cohort of artists performing at the 66th GRAMMY Awards. The three will join an already impressive lineup that includes the likes of Billie Eilish, Dua Lipa, and Olivia Rodrigo.
S&P 500 Eyes Sixth Green Session, Tesla Tumbles, Oil At 2-Month High: What’s Driving Markets Thursday?
U.S. stock market gains due to strong economic growth and low inflation expectations. Dollar and treasury yields down, oil up, Tesla drops 12%.
How EVs, High-Tech Vehicles Are Fueling Surge In Insurance Stocks
Insurance company stocks in 2024 have outperformed S&P 500, with a 5% increase driven by soaring vehicle insurance costs and complexity of EV repairs.
Trading Strategies For Tesla Stock Post Q3 Earnings Miss
Tesla, Inc (NASDAQ: TSLA) was plunging about 13% lower Thursday after printing a fourth-quarter earnings miss, which Benzinga pointed out on Wednesday was a likely scenario due to a bear flag that had