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PPI Wholesale Shrinks, Jobless Claims Jump
Zacks via Yahoo Finance· 5 hours agoFinally, Broadcom AVGO shares are up +13% in today’s pre-market. This comes after the chipmaker reported fiscal Q2 earnings yesterday afternoon, where...
US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
Associated Press· 7 hours agoThe Labor Department reported Thursday that its producer price index — which tracks inflation before...
Bitcoin Price Prediction: BTC Drops to $67,000 – Where’s the Next Support?
Cryptonews· 8 hours agoBitcoin faces downward pressure trading at $67,600 amid the Fed's unexpected hawkish stance for...
Grocery prices fall for fourth straight month
The Hill via Yahoo Finance· 1 day agoFalling prices at the grocery store are gaining momentum as May marked the fourth month in a row with a lower food-at-home index as measured by the Labor...
Dollar gains on hawkish Fed, even as inflation cools
Reuters via Yahoo Finance· 19 hours agoproducer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the conclusion of its meeting on Wednesday ...
Economy Is Cooling, Today’s Data Show. But the Fed Will Need More Confirmation.
Barrons.com· 3 hours agoBoth data points were reported today. Initial claims for unemployment insurance increased to 242,000...
Producers Trim 2024 Hedges Amid Bullish Oil Prices, M&A
Hart Energy via Yahoo Finance· 8 hours agoEQT has 63.3% hedged at $3.96/Mcf and Southwestern...Southwestern has 52.8% hedged at $3.46/Mcf....
European Stocks Close Lower As Rate Concerns Resurface
RTT News· 3 hours agoEuropean stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and
Cool CPI Inflation Boosts Fed Rate-Cut Odds; S&P 500 Jumps On Tame Service Prices
Investor's Business Daily· 1 day agoWill CPI Impact Today's Fed Meeting? Coming just ahead of the Fed meeting, the obvious...
Indexes Climb From Midday Lows; Tesla Jumps On Elon Musk's Pay Vote (Live Coverage)
Investor's Business Daily· 34 minutes agoThe Dow Jones fell slightly but other indexes rose to record highs after inflation data. Tesla...