What a Fed Rate-Hike Pause Would Mean for Bank Accounts and Loans
The Federal Reserve decided to keep interest rates the same for just the second time since beginning its current hiking cycle aimed at curbing inflation last year
Adobe Gears Up For Thursday Earnings As Options Traders Go Bullish
Adobe Inc. (ADBE) is all set to report its quarterly earnings on Sept. 14, 2023.
Wall Street Rethinks Turkish Rate Path as Inflation Heads to 70%
Wall Street banks are again having to rewrite their outlooks for Turkish interest rates, as inflation climbs faster than expected.
Cannabis Stocks Soar As Government Health Officials Call On DEA To Reschedule Marijuana
According to a report by Bloomberg on Wednesday, The U.S. Department of Health and Human Services is recommending to the Drug Enforcement Administration that cannabis should be reclassified as a Schedule III controlled substance under federal law.
‘Treacherous’ Descent: Fed Debates How Far to Push Rate Hikes
Even though the outlook is brighter than expected, Fed officials meeting at the annual Jackson Hole conference aren’t ready to conclude that prices will continue to cool.
Philippine Central Bank Expects Economic Growth to Miss Target
The Philippine central bank expects this year’s GDP growth to miss the government’s goal as economic activity moderates while it’s bringing inflation back to target.
Don't Miss out on a Hidden Gem of the Cybersecurity World
Cybersecurity expert SentinelOne (S) is an odd duck in this market.
Thailand’s 2023 Inflation Forecast to Be 1-2%, the Lowest in ASEAN
Thailand’s inflation rate is the lowest among the seven ASEAN countries which have already announced their rates
“Magnificent Seven” Stocks to Buy First in August
When volatility picks up, investors have a tendency to gravitate to trusted companies that have a history of outperforming the broad-market indexes.
Foreigners are Net Sellers of Japanese Bonds for Third Straight Week
Foreign investors were net sellers of Japanese bonds last week, as local bond prices fell after the Bank of Japan tweaked its bond yield curve control scheme to allow interest rates to rise more freely in line with increasing inflation.
Private Sector Added 324,000 Jobs in July, Well Above Expectations, ADP Says
Private sector companies added far more jobs than expected in July, pushed higher by a boom in leisure and hospitality jobs, payroll processing firm ADP reported on Wednesday, August 2.
G20 environment meeting ends without agreement on climate crisis
Environment ministers from G20 nations have failed to agree on ways to curb emissions and other crucial measures to address the global climate crisis ahead of the UN climate change conference at the end of the year.
World Gold Council's Mid-Year Report: Gold Maintains Resiliency in H1
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.”
Morgan Stanley Raises Economic Growth Forecast, Citing Biden Infrastructure ‘Boom’
Morgan Stanley raised its economic growth forecast up this week, citing a "boom in large-scale infrastructure" driven by President Biden’s Infrastructure bill, according to reports.