Category Finance

In the US stock market today, the S&P and Dow closed at new record levels once again. The NASDAQ was the biggest gainer with a gain of 0.56%. The final numbers are showing: Dow industrial average, + 0.20%S&P, +0.25%Nasdaq, +56%Russell 2000 +0.17% Some winners today include Alibaba, +7.91%Tencent,…

Major indices close higher. S&P and Dow new records once again.The USD continues its move lower.Friday has PCE data in the US, but Thursday is full of FedspeakIs a new banking crisis looming in the United States?More from Macklem: We would like to see growth pick up to…

Via oil price dot com on Twitter: — Expectations I had seen centred on: Headline crude -1.4 mn barrelsDistillates -1.1 mn bblsGasoline -0.02 mn — This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companiesThe…

Caroline Ellison is Sam Bankman-Fried’s ex-girlfriend. She’s copped the jail time for helping Sam steal $8 billion in customer funds Ellison ran the hedge fund tied to the digital currency trading platform FTXShe pleaded guilty to seven counts of fraud and conspiracy.She testified against Bankman-Fried, which appears to…

Post Content

If you love going to the gym, a Planet Fitness franchise business is a perfect fit for you. In fact, you can choose from several roles – franchise ownership with management or franchise ownership with an owner who’s actively involved in fitness training services. Potential franchisees should review…

The USD is continuing its run to the downside with the greenback trading at new lows for the day vs ALL the major currencies. EURUSD: The EURUSD is trading to a new intraday high of 1.11661. That is just short of the high from yesterday at 1.11665. Move…

Post Content

Post Content

On Friday, the Fed’s favored measure of inflation PCE will be released with expectations of: Core PCE, est 0.2% vs 0.2% last monthPCE headline, Est 0.1% vs 0.2% last monthCore PCE YoY, Est 2.7% vs 2.6% last montPCE headline, Est. 2.3% vs 2.5% last month That will be…