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Broad cooling of inflation brings more hope for Fed rate cuts
NEWS INDUSTRY NEWS JUN 12, 2024
Broad cooling of inflation brings more hope for Fed rate cuts

May data show second straight monthly slowdown in key CPI metric in positive surprise for policymakers.

Big day for US data, world markets mixed in early trade
NEWS INDUSTRY NEWS JUN 12, 2024
Big day for US data, world markets mixed in early trade

Fed to announce rates decision, CPI data ahead.

Global oil markets headed for major surplus, IEA says
NEWS INDUSTRY NEWS JUN 12, 2024
Global oil markets headed for major surplus, IEA says

Agency says US-led production surge could weigh on prices.

Bathroom bans part of toxic culture at Archegos, trial hears
NEWS INDUSTRY NEWS JUN 12, 2024
Bathroom bans part of toxic culture at Archegos, trial hears

Collapsed firm's founder Bill Hwang is on trial for fraud.

Trump would back Bitcoin over Fed-backed crypto
NEWS INDUSTRY NEWS JUN 12, 2024
Trump would back Bitcoin over Fed-backed crypto

Presidential hopeful held event for crypto miners at Mar-a-Lago Tuesday.

Dollar rockets toward 2024 record amid inflation, Fed watch
NEWS INDUSTRY NEWS JUN 11, 2024
Dollar rockets toward 2024 record amid inflation, Fed watch

Wednesday's one-two punch of CPI data and rate decision could spur the world's strongest currency on.

Questions for $67B ETF as Nvidia overshadows Apple
INVESTING ETFS JUN 11, 2024
Questions for $67B ETF as Nvidia overshadows Apple

Ranked among the world's biggest tech ETFs, the thematic fund by State Street may have to radically shake up its portfolio makeup.

Investors ambivalent as Apple plans to make AI a core feature
NEWS INDUSTRY NEWS JUN 11, 2024
Investors ambivalent as Apple plans to make AI a core feature

Shares slipped following the post-market-close announcement.

Bond traders await Fed signals for new roadmap
NEWS INDUSTRY NEWS JUN 11, 2024
Bond traders await Fed signals for new roadmap

Wednesday's rates decision will help shape the playbook through 2025.

Citi sees record highs for European stocks…just not yet
NEWS INDUSTRY NEWS JUN 11, 2024
Citi sees record highs for European stocks…just not yet

Wall Street strategists believe a new high will be reached mid-2025.