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Eur/usd remains under pressure below 1.0500 ahead of eurozone ppi, retail sales
EUR/USD attracts some sellers below the 1.0500 mark on Wednesday. US JOLTS Job Openings came in above expectations. ECB policy...
October 4, 2023, 2:14 am
Uaw strike ripple effects: former ford ceo weighs in
Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss the UAW strike ripple effects and which automaker...
October 3, 2023, 4:39 pm
Uaw strike impact on stocks and industry, plus why more plants could be built in mexico and canada
The United Auto Workers (UAW) strike enters into its third week of picketing against Big Three automakers ...
October 3, 2023, 1:41 pm
Drugmakers agree to participate in medicare price negotiations
Major drugmakers including Eli Lilly and Co (NYSE:LLY), Johnson & Johnson (NYSE:JNJ) and Merck & Co Inc...
October 3, 2023, 12:31 pm
Ford, gm furlough 500 more factory workers because of uaw strike
General Motors (GM) and Ford (F), two of the three car makers targeted by the United Auto Workers strik...
October 3, 2023, 12:15 pm
Gm's third-quarter sales jump 21% as uaw strike slowly expands
An ongoing strike by the UAW union against the Detroit automakers had little to no direct effect on Gen...
October 3, 2023, 12:00 pm
As tesla deliveries sputter, byd looks alluring
Tesla appears overvalued when compared with traditional carmakers. Less appreciated is the huge valuation gap that has opened up relative to its close...
October 3, 2023, 11:03 am
Gold price faces pressure as us dollar strengthens due to multiple tailwinds
Gold price remains under pressure as Fed policymakers see one more interest rate hike this year. A resi...
October 3, 2023, 10:14 am
Stronger-than-expected manufacturing, government spending deal sends treasury yields higher, us equities lower
Most US equities fell midday Monday while government bond yields jumped after a manufacturing gauge surged to the highest in a year and law...
October 3, 2023, 12:44 am
Tesla misses ev delivery expectations while its various rivals outpace; sector shares down overall
A slew of electric vehicle makers recently posted delivery numbers, and Elon Musk's Tesla Inc (NASDAQ:T...
October 2, 2023, 4:09 pm
Drugmakers opt in to medicare drug price negotiations – here's what happens next
The lengthy negotiation process with Medicare won't end until August 2024, with reduced prices going into effect in January 2026....
October 2, 2023, 3:34 pm
Weight-loss-drug stock sting may be easing for device makers
Wall Street says insulin pump maker Insulet and Tandem Diabetes, as well as glucose-monitor maker DexCom, look ready to rise after pressure from Novo ...
October 2, 2023, 1:59 pm
Drugmakers sign on to negotiate medicare prices under protest
All the drugmakers that make the 10 prescription medicines subject to the first-ever price negotiations...
October 2, 2023, 1:02 pm
Bonds yields climb as traders look ahead to powell: markets wrap
The global bonds selloff resumed on Monday, with 10-year Treasury yields rising to the highest since 2007, as investors waited for a speech by Federal...
October 2, 2023, 12:40 pm
Uaw strike against ford, gm, stellantis cost us economy nearly $4b so far
The United Auto Workers' strike against Detroit's Big Three automakers is in its third week, and has so...
October 2, 2023, 12:05 pm
From ups to detroit three automakers, us labor unions flex muscle
A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers ...
October 2, 2023, 9:59 am
Jasper’s market squawk 02-10-2023
PCE Reverses Inflation Narrative, No Gov Shutdown Friday saw markets close on a mixed footing despite easing inflation in the US and EU due to rising ...
October 2, 2023, 8:21 am
Us futures gain as us stays open, gold feels heavy
The US government didn’t shut down yesterday, as US policymakers agreed on a short-term funding deal ...
October 2, 2023, 5:59 am
Sec chair gensler clashes with congressman on bitcoin, ether
It appears the top two digital assets by market size, Bitcoin and Ether, are still creating consternation for policy...
October 2, 2023, 2:14 am
makers of beyoncé concert film reportedly in talks with amc for theatrical run
Variety reported Saturday that the makers of a concert film of Beyoncé's “Renaissance World Tour” ...
October 1, 2023, 8:08 pm