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Fed review: still on track

The Fed maintained monetary policy unchanged in the November meeting as widely anticipated. We still think the Fed’s rate hikes are already over. Po...

November 2, 2023, 1:24 am

“the fact is the committee is not thinking about rate cuts right now at all. we’re not talking about rate cuts” – j. powell

In his remarks, Chairman Powell underscored the Federal Reserve’s continued commitment and resolve to...

November 1, 2023, 10:34 pm

Uk manufacturing downturn persists: pmi edges up but optimism plummets

UK PMI Manufacturing data was finalized at 44.8 in October, marking a modest improvement from September’s 44.3. However, the report by S&P Global un...

November 1, 2023, 9:49 am

Bitcoin price holds $34,500 as whales book $1.4b profits —xrp, solana, and toncoin win big

Bitcoin (BTC) price hit a wall at $34,500 on Tuesday, October 31. Meanwhile, Ripple (XRP), Solana (SOL), and Toncoin (TON) prices ...

October 31, 2023, 9:42 pm

Tesla wins fatal autopilot crash jury trial

Tesla scored another victory Tuesday after a jury sided with the automaker over allegations that its Au...

October 31, 2023, 3:17 pm

3 blue-chip stocks under $20 that can double by 2025

In general, blue-chip stocks can be associated with steady returns. My view is underscored by the fact ...

October 26, 2023, 7:00 am

These 2 under-the-radar stocks scored solid gains on wall street's bad day

Waste and recycling company WM had steady growth in the most recent quarter. Stride saw success in its career learning segment....

October 25, 2023, 6:31 pm

Mike johnson elected speaker, ending rudderless period for house

The Republican-run U.S. House of Representatives at last managed to elect a new speaker on Wednesday, backing Rep. Mike Johnson, who ...

October 25, 2023, 1:54 pm

Uk unemployment data underlines labor market softness

Latest UK labor market data underscored the softening situation with the number of people in jobs conti...

October 24, 2023, 9:42 am

Why cymabay therapeutics stock rocketed nearly 8% higher today

The leading drug candidate in the biotech's pipeline scored another win. Seladelpar's existing Breakthr...

October 23, 2023, 6:16 pm

Comcast defies sector weakness, offers security as well as growth

Comcast stock is defying weakness in its sector — having scored a gain of more than 25% this year —...

October 18, 2023, 2:07 pm

Sharp gains for gold on better safe-haven bidding

(Kitco News) - Gold prices are solidly higher and hit a six-week high in midday U.S. trading Wednesday. Silver prices are slightly up and ...

October 18, 2023, 12:52 pm

Solid price gains for gold on better safe-haven demand

(Kitco News) - Gold and silver prices are higher in early U.S. trading Wednesday, with gold sharply up and hitting a four-week high. Silver ...

October 18, 2023, 7:52 am

Rba minutes reveal hawkish tilt, another hike in nov?

Minutes of RBA’s October meeting surprised market participants with a more hawkish tone than anticipated. The board seriously contemplated a rate hi...

October 17, 2023, 2:04 am

Fed’s harker advocates for rate pause amid struggles of small businesses

As Fed grapples with the consequences of its tightening monetary policy, Philadelphia Fed President Patrick Harker voiced concerns regarding the impli...

October 17, 2023, 1:11 am

Grayscale’s bitcoin etf push: what’s next after court ruling stands

With the Securities and Exchange Commission opting against appealing a ruling that paves the way for Grayscale Investments LLC to convert its Bitcoin ...

October 14, 2023, 1:14 pm

Ark invest’s amended spot bitcoin etf proposal a ‘good sign for future approval’

The recent update on the joint spot Bitcoin ETF application for approval of ARK Invest and 21 Shares underscor...

October 12, 2023, 11:16 am

Warren buffett's berkshire hathaway has likely scored a 93% gain on nubank stock this year, making the crypto-friendly bank its best performer

Berkshire Hathaway's best-performing stock this year is likely Nubank-owner Nu Holdings, up 93%. Warren Buffett's company invested in the Brazilian fi...

October 12, 2023, 6:28 am

Fed minutes signal one more rate hike could be on tap

The minutes from the September 19-20, 2023 Federal Open Market Committee (FOMC) meeting underscored the...

October 11, 2023, 9:44 pm

Social media stock's rally could have legs

Meta Platforms Inc  (NASDAQ:META ) stock is up 1.2% at $325.62 at last check, and earlier scored a fre...

October 11, 2023, 3:06 pm


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