Inflation in the US continued its downward trend in August, latest data has shown, providing hope for additional interest rate cuts by the Federal Reserve. The Personal Consumption Expenditures (PCE) price index, the Fed’s favored measure of inflation, rose by just 2.2% year-over-year, down from 2.5% in July. This is…
Things weren’t all cupcakes and rainbows in the financial results that Costco Wholesale Corporation (NASDAQ: COST) reported last night.…
China announced several measures, including lowering the amount of cash that banks must have in reserve, to resurrect its…
In the week ending on September 27th, two currencies drew significant attention: the Argentine peso (USDARS) and the Colombian…
Shein, the fast-fashion giant known for its ultra-affordable clothing and rapid production cycle cannot seem to catch a break.…
Jefferies has downgraded Hersheys from “hold” to “underperform” on expectations that the chocolate maker is likely to face significant…
Nio Inc (NYSE: NIO) opened more than 10% up on Thursday after a JPMorgan analyst issued a super bullish…
Qualcomm Inc (NASDAQ: QCOM) is reportedly interested in taking over Intel Corp (NASDAQ: INTC) to potentially strengthen its footprint…
Tech stocks have done exceptionally well this year and that outperformance will likely continue for another six months, as…