Editor’s Picks
Mortgage Rates and Housing Prices Impact US Builder Confidence
In a noteworthy shift, home builder confidence in the United States has waned in August for the first time this year, with a report unveiled...
US Consumer Momentum: July Retail Sales Outperform Forecasts
In a remarkable display of strength, July retail sales in the United States surged past Wall Street projections, showcasing the unwavering resolve of the American...
China Evergrande Shares Surge 50% on $3.2B Revamp
In a significant turn of events, China Evergrande New Energy Vehicle Group (NEV) witnessed a remarkable surge of nearly 50% in its shares on Tuesday....
JPMorgan Chase Seizes Opportunity as Bond Yields Surge
Prominent financial institutions, including JPMorgan Chase & Co. and Western Asset Management, are capitalizing on the recent surge in bond yields, considering it a strategic...
Binance Seeks Court Protection Against SEC Demands
Binance, a prominent cryptocurrency exchange, took a decisive legal step on Monday by filing a protective court order in the US District Court of Columbia...
U.S. Banks on Alert Over Fitch Ratings Downgrade Talk
In a recent cautionary move, Fitch Ratings has raised concerns about the vulnerability of U.S. banks to potential downgrades, particularly highlighting the risk faced by...
Amazon Earnings Rally Amid Tech Sector Struggles
Optimism radiates among analysts as Amazon.com Inc. emerges as a prominent victor in this season’s earnings arena. The e-commerce and cloud-computing titan’s stock has surged...
US Stock Market Reacts to Economic Contrasts
The US stock market faced a tumultuous start to the week as investors grappled with contrasting narratives from opposite ends of the economic spectrum. On...
Market closing: S&P 500 and Nasdaq Rally as Tech Bounces Back
U.S. stocks surged higher on Monday, propelled by a remarkable uptick in technology shares, as Wall Street aimed to recover from a challenging start to...
Inflation Spurs Federal Reserve Interest Rate Discussion
The Federal Reserve is poised to execute a reduction in interest rates during the second quarter of 2024, according to a research note unveiled by...
