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Trusted News & Timely Insights

    • Inflation Data

    1 stock to buy, 1 stock to sell this week: AMD, Delta Air Lines
    Utah

    1 stock to buy, 1 stock to sell this week: AMD, Delta Air Lines

    Inflation data, Fed FOMC meeting minutes and the start of third quarter earnings season will be in focus this week. AMD is a buy as the company holds its annual Advancing AI 2024 event. Delta Air Lines is a top…

    Posted on Caradoc Wyn
    Social Security’s COLA in 2025 won’t be bad news after all
    Enterprise

    Social Security’s COLA in 2025 won’t be bad news after all

    Millions of older Americans rely on their monthly Social Security benefits to make ends meet. And fortunately, those benefits are eligible for an annual cost-of-living adjustment (COLA). The purpose of COLAs is to help Social Security recipients maintain their purchasing…

    Posted on Idris Bevan
    Wall Street closes; hopes for a sharp Fed rate cut dampened
    Albany

    Wall Street closes; hopes for a sharp Fed rate cut dampened

    HISTORY: U.S. stocks closed higher on Wednesday, thanks to a rebound in technology stocks and despite inflation data that dampened investor sentiment earlier in the session. The Dow gained three-tenths of a percent, the S&P 500 climbed one percent and…

    Posted on Madoc Meredith
    Pimco expects BoJ to raise interest rates as early as January and favors long-term Japanese bonds
    Enterprise

    Pimco expects BoJ to raise interest rates as early as January and favors long-term Japanese bonds

    (Bloomberg) — Pacific Investment Management Co.’s Japan subsidiary expects the central bank to raise interest rates again in January and is prepared to actively invest in ultra-long-dated government bonds whose yields have risen to more attractive levels. Most read by…

    Posted on Idris Bevan
    Technology stocks lead rally after inflation data sets CPI table
    New Jersey

    Technology stocks lead rally after inflation data sets CPI table

    It was a shocking announcement from Starbucks early Tuesday morning after the struggling coffeehouse chain announced that Chipotle (CMG) Chairman and CEO Brian Niccol will become its next CEO, effective September 9. Niccol takes over the position from Lax Narasimhan,…

    Posted on Seren Anwen
    Technology stocks lead rally after inflation data sets CPI table
    Alabama

    Technology stocks lead rally after inflation data sets CPI table

    It was a shocking announcement from Starbucks early Tuesday morning after the struggling coffeehouse chain announced that Chipotle (CMG) Chairman and CEO Brian Niccol will become its next CEO, effective September 9. Niccol takes over the position from Lax Narasimhan,…

    Posted on Idris Bevan
    Technology stocks lead rally after inflation data sets CPI table
    New Jersey

    S&P 500 and Nasdaq futures point to higher as key inflation data looms

    U.S. stock futures were mostly higher on Tuesday as Wall Street began the countdown to key inflation data. Futures tied to the S&P 500 (ES=F) rose 0.2%, while futures on the tech-heavy Nasdaq (NQ=F) rose 0.3%. Futures on the Dow…

    Posted on Seren Anwen

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