Tag: Featured

May 25, 2022

U.S. stock futures traded slightly lower in early pre-market trade after the Nasdaq Composite tumbled around 270 points in the previous session. Investors are awaiting earnings results from DICK’S Sporting Goods, Inc. (NYSE:DKS), NVIDIA Corporation (NASDAQ:NVDA) and Williams-Sonoma, Inc. (NYSE:WSM). […]

May 24, 2022

Gold is in a great space at the moment with almost all supporting markers favoring the yellow metal. U.S. 10-year TIPS (see graphic below) has plateaued giving added impetus to gold upside because of the reduced cost of holding gold […]

May 24, 2022

The lawsuit is at least the second complaint filed against the Ed Department in recent months seeking to resolve outstanding group borrower defense claims. The borrower defense rule allows students whose institutions defrauded them to have their federal student loans […]

May 19, 2022

European stocks fell on Thursday to extend losses from the previous session, as mounting concerns over high inflation and slowing global growth sent investors flocking to the safe haven of the dollar and bonds. U.S. retail giants Target and Walmart […]

May 18, 2022

Target took a big hit from higher costs during the first quarter despite brisk sales and shares appeared headed for their most severe sell-off since the Black Monday market crash of 1987. Profits for major retailers has come under pressure […]

May 18, 2022

The U.S., several global development banks and other groups unveiled a multi-billion dollar plan Wednesday meant to address a worldwide food security crisis exacerbated by Russia’s war in Ukraine. The Treasury Department announced that several global development banks are “working […]

May 17, 2022

The cryptocurrency market’s near-$2 trillion loss in value forces a difficult question: Could crypto trigger a broader economic slowdown? It’s a concern that highlights the uncertainty inherent in a market that by many measures is still in its infancy but […]

May 17, 2022

For all market-moving data releases and events, see the DailyFX Economic Calendar. Gold is back around $1,828/oz. after falling to a fresh multi-month low on Monday at around $1,787/oz. but the move higher looks set to struggle. The precious metal […]

May 12, 2022

Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk’s electric […]

May 11, 2022

The inflation rate was little changed from March to April, a potential sign that the rapid growth in the cost of goods and services may soon taper off. Consumer prices rose 0.3 percent in April after rising 1.2 percent in […]