Article By:
Mish Shedlock
Thursday, April 25, 2024 11:00 AM EDT
First-quarter GDP was lower than any estimate in the Bloomberg Econoday consensus range of 1.7 percent to 2.8 percent. Inflation was higher than expected.
Read
Article By:
ING Economics
Thursday, April 25, 2024 10:30 AM EDT
US GDP growth slowed to 1.6% annualized in the first quarter of this year, less than half the 3.4% rate recorded in 4Q23, but core inflation was stronger, picking up from a 2% annualized rate to 3.7%.
Read
Article By:
Frank Holmes
Thursday, April 25, 2024 10:20 AM EDT
The airline industry is gearing up for what could be a record-breaking summer travel season, if forecasts turn out to be correct.
In this article: DAL, JBLU, AAL
Read
Article By:
Mahmoud Abdallah
Thursday, April 25, 2024 10:00 AM EDT
The Japanese yen witnessed further weakness against its counterpart, the US dollar, falling to its lowest level in over three decades.
In this article: FXY, UUP
Read
Article By:
New Deal Democrat
Thursday, April 25, 2024 9:52 AM EDT
Initial claims declined from -5,000 to 207,000, continuing their nearly 3 month long range of between 200-220,000 per week.
Read
Article By:
Peter Mathers
Thursday, April 25, 2024 9:40 AM EDT
Texas Instruments Inc. is currently exhibiting a strong impulsive trend, characterized by a motive structure placed in Intermediate wave (1).
In this article: TXN
Read
If we want 2% inflation, then we need M to grow about 2% faster than GDP.
The current correction is becoming increasingly oversold, which suggests a bounce is likely toward the previous support of the 50-DMA.
The only real cause of inflation is government spending. While banks can generate money -credit- through lending, they rely on projects and investments to support these loans.
So far April has been a month for corrections but the major indices have kept a steady keel from Tuesday to Wednesday, this week. Middle East tensions are keeping oil prices high.
Data has been hawkish- enough to keep traders jittery about the future as regards monetary policy and interest rate loosening.
As we seek sustainable and efficient solutions for the big challenge of our time, food security, here are 4 key Foodtech trends for 2024 and 3 companies reshaping the Foodtech industry: ICL, KHC, and ADM.
Blue Owl Capital Inc (OWL) is an alternative asset management firm. Over the past year, Blue Owl鈥檚 share price rose about 71.5% from $10.89 to $18.58 as of Tuesday鈥檚 market close.
