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Morning Bid: New highs as retail eyed, Europe calms
Reuters via Yahoo Finance· 7 hours ago-led Wall Street stocks have sailed to new records again this week, with Tuesday expected to see retail sales return to growth and as nervy European...
Fed’s Harker Says One Rate Cut in 2024 Is Appropriate Based on Outlook
Bloomberg· 1 day agoFederal Reserve Bank of Philadelphia President Patrick Harker said he views one interest-rate cut as...
Boeing’s Bumpy Ride Isn’t Over
New York Times· 6 hours agoBoeing’s boss, Dave Calhoun, will testify before a Senate panel on Tuesday, as yet another whistle-blower has come forward, alleging the planemaker was...
Philadelphia’s 200-year-old disability records show welfare reform movement’s early shift toward...
The Conversation· 6 days agoIn order to remain in their homes and care for their loved ones, both Philadelphians sought financial support through the Guardians of the Poor, the elected government officials ...
Stocks Keep Hitting Record Highs Even Without Fed Rate Cuts, Here’s Why. And 4 Other Things to Know...
Barrons.com· 1 day agoTesla’s Elon Musk controversy energized shareholders, Fed speakers address economic outlook in...
Harker says air of ‘uncertainty’ surrounds inflation, sees just one Fed rate cut in 2024
Market Watch· 1 day agoS. economy. Patrick Harker, in a speech in Philadelphia, said the Fed is still “surrounded by an air...
Dollar edges up as traders await Fed rate cut clues
Investing.com· 12 hours agoTOKYO (Reuters) -The dollar edged higher on Tuesday as traders awaited a key U.S. retail sales report and comments from Federal Reserve officials to...
Evidence is mounting that the American shopper is cutting back
CNN Business via Yahoo Finance· 1 hour agoSales at US retailers rose last month at an unexpectedly weak pace as US consumers continue to deal...
Pound Sterling retreats to 1.2670 as UK inflation and BoE's policy decision loom large
The Forex Market· 6 hours agoThe UK headline CPI is expected to have decelerated to the bank’s target of 2% in May. Fed’s Harker...
The US and the rest
The Forex Market· 10 hours agoThe S&P500 hit a record high yesterday, its 30th record high since the beginning of this year. Nasdaq 100 is now a few points below the 20’000...