Oil Prices Under Pressure As COP28 Climate Summit Agrees To Energy ‘Transition’
While the commitment to transition away from fossil fuels was a historic moment at COP"8, critics said the message was watered down
Treasury Market Stress: Primary Dealers Taking Up Slack As Foreign Demand Fades
Results of an auction of 30-year treasury bonds are due after the market close. Treasury issuance is set to reach record levels in 2024.
Federal Reserve’s Final 2023 Meeting: FOMC’s Economic Projections Crucial, Dot Plot Weeds Out Hawks, Doves
Fed expected to announce interest rate decision this Wed. Markets expect rates to settle 5.25-5.50%. FOMC will release economic projections, dot plot, & revisiting Sept. projections. Sept. projections showed 2.5% PCE inflation in 2024, 1.5% economic expansion in 2024.
KKR Looks To Sell Music Catalog As Royalty Valuations Drop But Spotify Soars On Streaming Success
KKR is looking to sell music catalogue; Spotify and other streaming services now account for much of the music people listen to.
Oil And Gas Stocks Tank With Record Supply Fueling Sector Sell Off: This Inverse ETF (DRIP) Offers A 200% Return
Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares (ARCA: DRIP) was rising about 4.5% Tuesday after data released by the Bureau of Labor Statistics showed the Consumer Price Index (CPI) eased to an annual rate of 3.1% in November,
Cathie Wood Loads Up On $9M Worth Of Microsoft, Meta And An Evergreen Chip Stock: Time To Dip Into Tech Shares?
Microsoft stands out as one of the major beneficiaries of the AI boom, while Meta has emerged from a lackluster phase more streamlined.
Why Dalio, CZ And Other Billionaires Are Flocking To Abu Dhabi
Hedge fund billionaire Ray Dalio is one of a growing number of wealthy investors seeking opportunities in the UAE.
5 ETFs To Watch When November Inflation Data Drops Tuesday
Economists predict a marginal decrease in the annual CPI inflation rate from October's 3.2% to 3.1%. Core CPI rate is expected to hold steady at 4%. Sector-specific ETFs experienced notable changes with TAN, KRE, XLRE, ARKK and GDX leading the pack.
Federal Reserve Critical Meet On Wednesday: Will Powell Signal Rate Cuts For H1 2024?
The final policy meeting for the Federal Reserve will most likely end with the decision to hold interest rates where they are.
Economic Crossroads: Stock Market Reacts To U.S. Jobs Report, Fueling Speculation On Future Rate Cuts
The SPDR S&P 500 (NYSE: SPY) popped up about 0.5% higher at one point Friday, despite U.S.