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News

A Peek Into The Markets: US Stock Futures Edge Lower; Fed Minutes In Focus

May 25, 2022

Via: Markets Insider

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). […]


Finance Tech, Liquidity

Gold Price Forecast: Real Yields, Weaker USD and Safe Haven Appeal Drive XAU/USD Higher

May 24, 2022

Via: DailyFX

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 […]


Education, Industries

Consumer groups seek to force Ed Department to forgive Westwood College students’ loans

May 24, 2022

Via: Education Dive

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 […]


Finance Tech, Trading

European Shares Extend Losses Amid Global Growth Worries

May 19, 2022

Via: Markets Insider

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 […]


Industries, Retail & Wholesale

Target feels inflation’s sting in first quarter, shares slip

May 18, 2022

Via: ABC News

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 […]


Financial Services, Industries, News

US, banks unveil plan to ease food crisis from Russia’s war

May 18, 2022

Via: ABC News

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 […]


Finance Tech, Liquidity

Crypto crash stokes some financial crisis fears

May 17, 2022

Via: NBC News

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 […]


Finance Tech, Liquidity

Gold Price Update – XAU/USD Rally Struggling to Find Traction

May 17, 2022

Via: DailyFX

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 […]


News

Tesla, Twitter shares drop as Elon Musk’s legal issues grow

May 12, 2022

Via: ABC News

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 […]


News

Inflation hit 8.3 percent in April compared to last year, showing signs of leveling off

May 11, 2022

Via: NBC News

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 […]