-
Business
U.S. Inflation Hits 2.9% in August, Driven by Shelter and Energy Costs
Other contributors to core inflation included a 5.9% monthly surge in airline fares, a 1.0% gain in used car prices,…
Read More » -
Business
Powell Signals Possible Fed Rate Cut as Policy Risks Shift After Jackson Hole Speech
Daily US Government Bonds 2-Year YieldStocks are sniffing a dovish pivot, and Powell’s careful tone suggests the Fed’s bias may…
Read More » -
Business
JPMorgan Reports Strong Q2 Results Despite 17% Profit Drop, Trading Surges
How Did Trading and Investment Banking Drive Results? The standout performance came from JPMorgan’s trading unit, where revenue surged 15%…
Read More » -
Business
U.S. Housing Market Shows Strength as New Home Sales Beat Expectations in April
Inventory Remains Elevated, but Market Absorption Improves The number of new homes for sale at the end of April stood…
Read More » -
Business
April CPI Undershoots Forecast at 2.3% as Trump Tariffs Enter Picture
Energy Prices Rebound After March Decline Energy prices posted a 0.7% increase in April after falling 2.4% the prior month.…
Read More » -
Business
Nasdaq 100: Apple, Amazon Slide After Hours as Forecasts Miss Street Expectations
Published: May 1, 2025, 21:48 GMT+00:00 Key Points: Apple shares fell 2% post-earnings as Services revenue missed and tariff costs…
Read More » -
Business
Nasdaq 100: Alphabet Jumps 4% on Earnings Surprise, Massive Buyback Ignites Bullish Sentiment
Cloud Growth Slows but Margins Improve Google Cloud’s revenue rose 28% year-over-year to $12.26 billion, just shy of expectations at…
Read More » -
Business
Core CPI Slips to 2.8% Annually, Headline Inflation Falls Below Estimates
Food Prices Tick Higher Again Food inflation continued to rise, with the overall food index up 0.4% in March. Prices…
Read More » -
Business
Nasdaq 100: Amazon Stock Drops 4% After Hours Despite Strong Q4 Earnings Beat
Daily Amazon.com, Inc.Despite a strong Q4, Amazon’s stock fell 4.25% in after-hours trading as the company issued weaker-than-expected guidance for…
Read More » -
Business
Inflation Risks Loom as U.S. Import Prices Edge Higher on Fuel Costs
On an annual basis, import prices rose 1.3%, marking their strongest year-over-year gain since July 2024. However, fuel imports remain…
Read More »