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Rate hikes may have slowed inflation in the us – but they have also heightened the risk of financial crises for lower-income nations

By Cristina Bodea, Michigan State University The campaign to fight U.S. inflation by upping interest rates has been going on for a year and a half –...

August 2, 2023, 6:31 pm

Why rtx stock stalled out in july

RTX disclosed mid-month that its Pratt & Whitney unit has discovered a potential flaw that will require a costly removal and inspection of one of its ...

August 2, 2023, 5:55 pm

Why live oak stock grew taller in july

Live Oak beat estimates in the second quarter, and posted solid deposit growth. Asset quality remains strong....

August 2, 2023, 5:33 pm

Usd/cad rises to highs since early july amid usd strength

Reacting to the data, the USD strengthened as US yields rose and Wall St indexes dropped. The 2-year yield rose to 4.93% while the S&P 500 (SPX) decli...

August 2, 2023, 5:29 pm

Hollywood shuts down & market goes uptown

According to scientists, july set a record as the hottest month in 120,000 years. In order to beat the ...

August 2, 2023, 5:27 pm

Epiq: july commercial chapter 11 filings increase 71 percent over last year

Total Filings Up 15 Percent NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) — There were 362 commercial Chapter 11 filings registered in ...

August 2, 2023, 5:27 pm

Eurusd finds support neat 100 day ma and finds some buying interest

The EURUSD has been stepping down today, and the focus for the pair was looking at its 100-day moving average (blue line currently at 1.09132). Recall...

August 2, 2023, 5:25 pm

How china clean tech etf kgrn can buck economic angst

China's economic outlook has returned to Western media headlines, and for good reason. The july Politbu...

August 2, 2023, 5:19 pm

Dollar gains as risk aversion returns on fitch’s us downgrade and surging treasury issuance

Dollar rises as Treasury yields hit 2023 highs on ADP report and rising debt issuance US firms add 324,000 in July, exceeding all estimates (140K to 2...

August 2, 2023, 5:13 pm

Hong kong dollar (hkd) to new zealand dollar (nzd) exchange rate history

Monday 31 july 2023 1 HKD = 0.20649 NZD HKD NZD rate for 31/07/2023 Sunday 30 ...

August 2, 2023, 4:44 pm

Eur/usd forecast: august 2023

Having achieved a high of nearly 1.12540 on the 18th of July, the eur/usd made highs not seen since February of 2022. Dynamic pri … Read Full Story ...

August 2, 2023, 4:44 pm

Costco shares up 1% in after hours after 4.5% rise in july sales

Shares of Costco Wholesale Corp. COST, -0.56% were nearly 1% higher in the after-hours session Wednesday after the retailer said its ...

August 2, 2023, 4:42 pm

Video: a technical look at the price of crude oil. what next and why?

The price of WTI crude oil futures are sharply lower and in the process has broken below its 200 are moving average at $79.52. However there is additi...

August 2, 2023, 4:05 pm

My top 10 high yield dividend stocks for august 2023

The strong equity market continued in July, with impressive gains for the SPDR S&P Trust ETF, Vanguard's High Dividend Yield ETF, and my watchlist. My...

August 2, 2023, 3:49 pm

Nasdaq index is down now 2% on the day. what damage has been done technically speaking?

The NASDAQ index is down close to 2% on the day and in the process tests the 14,000 area. That area is a key technical area going back to mid-July. Th...

August 2, 2023, 3:44 pm

3 sizzling stocks to snatch up for hot summer profits

It shouldn't surprise anyone in the U.S. that july 2023 was the hottest month ever recorded on Earth. I...

August 2, 2023, 3:42 pm

Ford sales climb in july, evs struggle to gain traction

Sales of Ford vehicles were 5.9% higher this july than last amid rising demand for hybrids and pickups,...

August 2, 2023, 3:40 pm

Amc stock alert: adam aron calls out ‘fail to deliver' shares

AMC Entertainment (NYSE: AMC ) stock is in the spotlight after CEO Adam Aron revealed that the company had repeatedly contacted the New York Stock Exc...

August 2, 2023, 3:12 pm

The next key data releases that could allow ecb to hike in september

The july central banks meetings lived up to expectations as both the Fed and the ECB announced their re...

August 2, 2023, 3:10 pm

Bitcoin ordinals profitability falls in july, but total inscriptions pile on

The profitability of Ordinals inscriptions, an iteration of non-fungible tokens (NFTs) on the Bitcoin network, declined throughout July, Forkast Labs ...

August 2, 2023, 3:04 pm


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