Mohamed El-Erian shared Bloomberg's John Authers' analysis, warning that persistent inflation could hinder President-elect Trump's economic agenda as markets await December CPI data.
The blockchain-based company Ripple Labs announced a donation of $100,000 worth of XRP (CRYPTO: XRP) tokens on Tuesday to support the wildfire relief efforts in California.
The private equity industry is lobbying the incoming Trump administration to allow 401(k)s – and, presumably, IRAs and other tax-deferred accounts – to include private equity funds.
OpenAI's introduction of the "Tasks" feature for ChatGPT positions it as a strong competitor to virtual assistants like Alexa, Siri, and Google Assistant by enabling users to schedule and manage tasks with natural language prompts.
The US consumer price inflation report due Wednesday is not the type of report that the Fed thought they would see at end-2024. Squint your eyes and you see a 3% inflation rate for December.
Bitwise Chief Investment Officer Matt Hougan argued on Tuesday that associating the Bitcoin (CRYPTO: BTC) Treasury reserve strategy solely with MicroStrategy Inc. (NASDAQ:MSTR
One would think this morning’s ice-cold PPI numbers would send bonds rocketing higher. Nope, the five-year bear market in bonds continues apace, as vividly illustrated by the fund TMF, which is the leveraged bullish fund.
South Korean markets showed resilience Wednesday as President Yoon Suk Yeol was taken into custody, with the benchmark KOSPI rising 0.40% to 2,507.35 amid heightened political uncertainty.
The SEC has sued Elon Musk for allegedly failing to disclose his Twitter stake in a timely manner, allowing him to buy shares at artificially low prices and underpay investors by over $150 million.
Over the last two days, the financial landscape has seen a momentary calm: bond markets have steadied, the dollar's meteoric ascent has paused, and global stocks have found some much-needed breathing room
The USD/CAD pair remains on the defensive around 1.4350 during the early Asian session on Wednesday, pressured by the disappointing US December Producer Price Index (PPI) data.
Wall Street saw a modest uptick on Tuesday as investors turned their focus to upcoming US inflation data following a better-than-expected producer price index (PPI) report.
As the regular session of the US market on Tuesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
The Australian Dollar (AUD) rebounded from 0.6130, its lowest level since April 2020, to reach 0.6180 on Tuesday, buoyed by firm commodity prices and a slight improvement in market sentiment.
Orange, CA - Classique Worldwide Transportation has announced an expansion of its Orange County Limo Service s, offering increased availability and enhanced options for both personal and corporate transportation. To support this growth, the company has launched a fully redesigned website, featuring improved functionality for booking, real-time updates on service availability, and enhanced user navigation. This expansion and website upgrade highlights the company’s strategic efforts to adapt to growing demand and provide clients with a seamless, modern transportation experience.
Inflation expectations among consumers polled in December by the New York Fed unexpectedly jumped at the 3-Year horizon, rising from 2.6% to 3.0%, the highest since 2023.
Wholesale inflation comes in below forecasts … the 10-year Treasury yield is driving the bus … the S&P sits at a critical level … estimating the size of the potential move that’s coming for the S&P
Meta Platforms Inc. (NASDAQMETA) is scheduled to release fourth-quarter earnings on Jan. 29. Ahead of the earnings report, Goldman Sachs shared its views on Meta's earnings potential. Here's what you need to know.
Gavin Newsom's handling of the California wildfires could be a key factor in his potential possibility of running for president. A look at his approval ratings in a new poll.
