The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and possibly dashing hopes that the Federal Reserve will be able to cut interest rates soon. The CPI, a broad measure of the cost of goods and services across the economy, rose 0.4 percent for the month, putting 12-month inflation at …
A man works on a Bowlus recreational vehicle at the Bowlus factory in Oxnard, California, on February 23, 2024. Timothy Eppel | Reuters The March nonfarm payrolls count is likely to show that hiring continues at a steady pace, although some weakening fundamentals in the labor market may come into sharper focus when the Labor …
Job growth is expected again in March. What to look for in Friday’s report Read More »
But many people are still willing to pay those high costs, based on their belief that Trump Media’s stock price will fall dramatically from Wednesday’s close of $48.81. Investors who want to borrow Trump Media shares to sell short on Wednesday will have to pay annual financing costs of between 750% and 900% of the …
Trump Media is the most expensive U.S. stock to break — hands down Read More »
An hour ago Factory activity in South Korea contracted in March South Korea’s factory activity fell into contraction territory in March, after two straight months of expansion. The domestic Purchasing Managers’ Index came in at 49.8, down from 50.7 in February. S&P Global wrote in its report that panel members largely attributed this to subdued …
PMI in China, Tankan in Japan, Inflation in the US Read More »
In January 2022, financial advisor Andrew Fincher was working with a couple who wanted to invest the six-figure proceeds they made from selling one of their parents’ houses. They were concerned that the market might crash after they bought. Fincher of VLP Financial Advisors in Vienna, Va., recommended the dollar average. Instead of investing all …
Worried about investing in a bubble market? Try dollar cost averaging. Read More »
My Top 10 Things to Watch Monday March 25 1. US stock futures were slightly lower on Monday morning to start the last week of March. All three major benchmarks hit new all-time highs last week and are on track for their fifth consecutive month of gains. Looking ahead this week, Friday is the big …
Jim Cramer’s top 10 to watch in the stock market on Monday Read More »
Chinese consumer electronics company Xiaomi on Thursday, December 28, 2023, unveiled its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng Tesla’s Model 3 starts at 245,900 yuan in China. Lei claims that the standard version of the SU7 beats the Model 3 in more than 90% …
Xiaomi launches electric car $4K cheaper than Tesla’s Model 3 Read More »
Reddit’s public debut is not only a watershed moment for the social media company, but it could also bring broad benefits to the Wall Street firm leading the multibillion-dollar deal: Club holding Morgan Stanley. On Thursday, Reddit will begin trading on the New York Stock Exchange with a target valuation of about $6.5 billion. If …
What Reddit’s IPO Means for Morgan Stanley Portfolio Name Read More »
Amazon’s first spring sale should help the online retailer beat its competitors for the season and boost first-quarter revenue. The “Great Spring Sale,” which begins Wednesday and runs through March 25, is expected to “stimulate stronger growth and protect its [Amazon’s] competitive position,” analysts at JMP Securities wrote in a note to clients. Bank of …
Amazon’s ‘Big Spring Sale’ should boost sales and profit margins Read More »
High-rise residential and commercial buildings are under construction near Dongyu Road, Qiantan, in the Pudong New District in Shanghai, China, on March 15, 2024. Nurphoto | Nurphoto | Getty Images Investment in fixed assets rose 4.2%, more than analysts’ forecast of 3.2%. The unemployment rate in February for the cities was 5.3%. Online retail sales …
China retail sales, industrial data for first 2 months beat expectations Read More »
