May 19, 2023

Wall Street pointed toward gains before the bell Friday, potentially setting up markets for their best week since March as optimism about a U.S. debt ceiling deal grew heading into the weekend. Futures for the Dow Jones industrials and S&P […]

May 19, 2023

As competition for students heats up, colleges are struggling financially just to maintain the status quo, according to the report, which didn’t provide a precise definition of non-elite institutions. “Across the globe, universities are selling non-core assets or shrinking their […]

May 19, 2023

Ahead of the industry regulator’s determination on the price cap level due next week, energy research specialist Cornwall Insight said it saw the cap for a typical household at the equivalent of £2,053 per year from July-September. That was down […]

May 18, 2023

Stocks rose again Thursday after more companies reported better profits than expected, while yields climbed after a Federal Reserve official cautioned the end to its interest-rate hikes may not arrive as soon as Wall Street hoped. The S&P 500 gained […]

May 18, 2023

Last week’s initial jobless claims raised many eyebrows after coming in at 264k, suggesting that tighter financial conditions is beginning to take its toll on the labor market, lowering the chances of another rate hike form the Fed. However, this […]

May 17, 2023

Gold prices have steadied following yesterday’s fall as key support level and 50-day MA come into play. The dollar index (DXY) has strengthened in the early part of the week as the continued deadlock over the US debt ceiling continues. […]

May 17, 2023

Americans are upbeat on gold and have soured on stocks — perhaps to their detriment. Twenty-six percent of Americans ranked gold as the best long-term investment in 2023, almost double the 15% who thought so in 2022, according to a […]

May 16, 2023

Americans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things. Car sales also rose despite prices that continue to soar, according to […]

May 16, 2023

Crude oil nudged slightly higher on Tuesday after notable gains in the North American session after it was announced 3 million barrels will be bought to replenish the depleted supplies at the Special Petroleum Reserve (SPR). The WTI futures contract […]

May 15, 2023

DeSantis, who is eyeing a 2024 presidential campaign and is widely considered to be a frontrunner if he declares, castigated university diversity programs as discriminatory in a Monday news conference at New College. “What this concept of DEI has been […]

May 15, 2023

The European Union’s antitrust watchdog approved Microsoft’s MSFT 0.16%increase; green up pointing triangle planned $75 billion acquisition of Activision Blizzard ATVI 1.24%increase; green up pointing triangle, giving the two companies a win after the deal hit a regulatory roadblock in […]

May 12, 2023

Paysend joins a crowded field of cross-border payments competitors that are increasingly tapping new payment rails for faster cross-border services. Offering remittances services for migrants sending payments to family and friends in other countries is where most of the rivals […]

May 12, 2023

Finance leaders of the Group of Seven (G7) rich nations warned of heightening global economic uncertainty on Saturday, as they wrapped up a three-day meet overshadowed by a U.S. debt ceiling stalemate and fallout from Russia’s invasion of Ukraine. Their […]

May 11, 2023

In March, President Joe Biden issued his spending plan, which conservatives immediately declared dead on arrival. While the budget proposal has no chance of passing Congress as drafted, it signals the administration’s education priorities. That includes sending $2.7 billion to […]

May 11, 2023

Travel in 2023 has been expensive. Indeed, some prices — like those for international flights — have hit record highs. Americans are unleashing their wanderlust en masse after a few years of pandemic-era trip delays, making for a busy — […]

May 10, 2023

The U.S. Postal Service today established proposed published pricing for its new product offering, USPS Ground Advantage. Pending favorable review and comments from the Postal Regulatory Commission (PRC), USPS Ground Advantage would launch on July 9. At launch, USPS Ground […]

May 10, 2023

Federal Reserve officials were already leaning toward taking a summer vacation from interest rate increases to see if they have done enough to slow the economy and inflation. Wednesday’s inflation report makes that easier because it showed price pressures aren’t […]

May 9, 2023

Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns. The firm known formally as the Saudi Arabian Oil […]

May 9, 2023

Stocks are slipping on Wall Street Tuesday following some mixed earnings reports. Several beaten-down banks are also dropping more after a brief respite from a brutal run. The S&P 500 was 0.3% lower in early trading. The Dow Jones Industrial […]

May 8, 2023

EURUSD ticked higher this morning following the European open having held above the psychological 1.1000 level last week. Euro bulls do appear slightly exhausted with the 1.1100 level proving a hurdle too far at present. Friday delivered further positives for […]