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Minutes of the Federal Reserve meeting: Division over the October rate cut and doubts about December
Minutes of the Federal Reserve meeting: Division over the October rate cut and doubts about December
Nov 19, 2025
The minutes of the Federal Reserves October meeting, released on Wednesday, showed that policymakers were divided over the decision to cut interest rates, reflecting disagreements about whether a cooling labor market or persistent inflation posed the greater threat to the economy. Although the Federal Open Market Committee approved a rate cut at the meeting, the path for monetary policy in...
Loonie dips after weak inflation data
Loonie dips after weak inflation data
Nov 17, 2025
The Canadian dollar fell against most major currencies on Monday following the release of weaker-than-expected inflation data. Government data showed that Canadas annual inflation rate eased to 2.2% in October, as gasoline prices declined, food inflation slowed, and mortgage-interest costs dropped below 3%, according to official figures released Monday. The removal of the carbon tax on gasoline earlier this year...
Sterling loses ground, Dollar climbs before Nvidia results
Sterling loses ground, Dollar climbs before Nvidia results
Nov 19, 2025
The British pound edged lower on Wednesday after UK inflation data for October came in broadly in line with expectations, reinforcing speculation that the Bank of England may cut interest rates next month, while the U.S. dollar strengthened ahead of Nvidias earnings and key American data releases. At the same time, the Japanese yen touched a ten-month low against the...
How are emerging economies leading a renewable-energy revolution?
How are emerging economies leading a renewable-energy revolution?
Nov 19, 2025
Renewable energy is booming across emerging economies, where the economic viability of wind and solar power has made them the obvious choice in most national and regional contexts. More importantly, the rapid shift in renewable-energy economics is not only saving developing countries money but could also deliver substantial financial gains in the coming years. A recent study from the University...
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Sector Update: Health Care
Sector Update: Health Care
Oct 10, 2024
01:38 PM EDT, 10/09/2024 (MT Newswires) -- Health care stocks were higher Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each rising about 0.8%. The iShares Biotechnology ETF (IBB) was fractionally lower. In corporate news, GSK (GSK) shares jumped 8%. The company reached settlements to pay a total of up to...
US Equity Indexes Rise With Treasury Yields in Midday Trading
US Equity Indexes Rise With Treasury Yields in Midday Trading
Oct 10, 2024
12:39 PM EDT, 10/09/2024 (MT Newswires) -- US equity indexes rose, led by financials and industrials, and most government bond yields advanced in midday trading on Wednesday. The Nasdaq Composite rose 0.6% to 18,254.1, with the S&P 500 up 0.6% to 5,783.2 and the Dow Jones Industrial Average 0.9% higher at 42,449.5. The communication services sector was the steepest decliner...
Sector Update: Energy Stocks Advance in Wednesday Afternoon Trading
Sector Update: Energy Stocks Advance in Wednesday Afternoon Trading
Oct 10, 2024
01:43 PM EDT, 10/09/2024 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) adding 0.6%. The Philadelphia Oil Service Sector index was 0.1% lower, and the Dow Jones US Utilities index was shedding 0.9%. US crude oil stocks, including those in the Strategic Petroleum...
Top Midday Stories: DOJ Mulls Breakup of Google; Boeing Pulls Latest Offer to Striking Workers
Top Midday Stories: DOJ Mulls Breakup of Google; Boeing Pulls Latest Offer to Striking Workers
Oct 10, 2024
11:49 AM EDT, 10/09/2024 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Wednesday, with the Dow Jones Industrial Average leading the way, climbing 0.8%. In company news, Alphabet's (GOOG, GOOGL) Google ( GOOG ) is facing a potential breakup of its search dominance by the US Department of Justice, according to a Tuesday court...
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CoreCivic Delivered Q1 Results Above Expectations, Occupancy Levels Highest Since 2020, Wedbush Says
CoreCivic Delivered Q1 Results Above Expectations, Occupancy Levels Highest Since 2020, Wedbush Says
May 10, 2024
10:22 AM EDT, 05/10/2024 (MT Newswires) -- CoreCivic ( CXW ) delivered solid Q1 results that came in above market expectations, while the prison and detention center operator is also seeing increasing occupancy levels, Wedbush said in a note to clients on Friday. Relative to our estimate, revenues were higher than expected, and operating expenses were lower than expected, leading...
Ford to build new partly electric car at Spanish plant from 2027
Ford to build new partly electric car at Spanish plant from 2027
May 10, 2024
MADRID, May 10 (Reuters) - U.S. automaker Ford plans to start production of a new partly electric car at its plant in the Valencia region of Spain starting in 2027, a company spokesperson said on Friday. Ford had said in March that it was considering making a new, multi-energy passenger car at its Valencia plant. Spain's Industry Ministry said the...
Rocky Mountain Chocolate Factory CFO to Resign
Rocky Mountain Chocolate Factory CFO to Resign
May 10, 2024
10:21 AM EDT, 05/10/2024 (MT Newswires) -- Rocky Mountain Chocolate Factory ( RMCF ) said Friday Chief Financial Officer A. Allen Arroyo plans to resign, effective May 17. Arroyo's resignation is not due to any disagreement with the company, according to a filing with the US Securities and Exchange Commission. Rocky Mountain shares were down 1.4% in recent trading. Price:...
Market Chatter: Intuitive Machines Sets Sights on Second Moon Trip by Late 2024
Market Chatter: Intuitive Machines Sets Sights on Second Moon Trip by Late 2024
May 10, 2024
10:25 AM EDT, 05/10/2024 (MT Newswires) -- Intuitive Machines ( LUNR ) plans another moon trip by the end of 2024, aiming to install a 4G network on the lunar surface, in partnership with Nokia's ( NOK ) , Bloomberg reported Friday, citing founder Kam Ghaffarian. On our second mission, which will be in the last quarter of the year,...
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Gold (XAU/USD) – Recent Sell
Gold (XAU/USD) – Recent Sell
Jul 19, 2024
Gold (XAU/USD) – Recent Sell-off May Open Up Opportunities Recommended by Nick Cawley Get Your Free Gold Forecast The Fed will cut interest rates by 25 basis points at least twice this year.Any further move lower will likely bring buyers back.Gold posted a fresh multi-decade high earlier this week, breaking out of a range that has held since late March....
Crypto Mixer Tornado Cash Experiences Resurgence Despite Ongoing Sanctions
Crypto Mixer Tornado Cash Experiences Resurgence Despite Ongoing Sanctions
Jul 19, 2024
Tornado Cash, the crypto-mixing protocol, has experienced a resurgence in 2024 after a significant decline in activity following the U.S. governments sanctions two years ago. The sanctions, imposed by the Office of Foreign Assets Control (OFAC) in August 2022, initially led to a drop in monthly deposits to Tornado Cash, with activity plunging by more than 90%. Tornado Cash Sees...
Bitcoin Dips Below $64K as Altcoins Also Decline Today: Market Watch
Bitcoin Dips Below $64K as Altcoins Also Decline Today: Market Watch
Jul 19, 2024
The cryptocurrency market is currently in a correction as it seems that the bulls are taking a breather following their rally from the past few days. This has caused the total capitalization to drop to around $2.45 trillion, losing roughly $40 billion in the past 24 hours. Bitcoins price is also declining, alongside most of the altcoins, so lets have...
Crypto Price Analysis July
Crypto Price Analysis July
Jul 19, 2024
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Toncoin. Ethereum (ETH) Ethereum had a good week after closing with a 12% price increase. This impressive recovery came after the whole market rallied, which allowed ETH to turn $3,300 into key support. With a new base now secured, buyers can look up to their next...
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