President Joe Biden’s $3.5 trillion economic plan has few parallels in modern U.S. history. Here’s how his Build Back Better agenda stacks up.
Google’s pivot away from bank accounts shows why finance is a tough industry for tech giants
Bank executives and investors have shuddered whenever a tech giant disclosed plans to break into finance, but the reality has proven less disruptive so far.
Stocks making the biggest moves midday: Merck, Moderna, United Airlines and more
These are the stocks posting the largest moves in midday trading.
Australian Dollar Q4 Fundamental Forecast: AUD/USD Has Hurdles that Could be Overcome
The Australian Dollar made a new low for the year in the third quarter as external factors hampered the outlook. Will the risk environment continue to weigh the AUD/USD down?
Equities Q4 Fundamental Forecast: Short-Term Uncertainties But Longer-Term Fortunes
Throughout the third quarter, there had been somewhat of a reversal in the reflation trade as concerns over the peak in the global growth lingered, alongside the continued spread of the Delta variant.
Euro Q4 Fundamental Forecast: More Euro Weakness Likely Lies Ahead
The ECB, and by extension the Euro, faces the unenviable combination in Q4 of weakening economic growth and above-target inflation.
Forexlive Americas FX news wrap: Core PCE remains a steady at 3.6% year on year
Forex news for North American trading on October 1, 2021
The US core PCE data for the month of August remain steady at 3.6%. That was the expected rate as well. Although inflation remains well above the 2% level, the expectations are that some of the gains are transitory and will come down over time. However,
The US core PCE data for the month of August remain steady at 3.6%. That was the expected rate as well. Although inflation remains well above the 2% level, the expectations are that some of the gains are transitory and will come down over time. However,
Detail on reconciliation negotiations shows how close Democrats could be
Carbon capture is a major priority for Manchin
A report late today revealed that the White House had agreed to boost carbon capture tax credits to $85 per tonne for industries such as steel and concrete plants.
A report late today revealed that the White House had agreed to boost carbon capture tax credits to $85 per tonne for industries such as steel and concrete plants.
NASDAQ snaps a five day losing streak
Dow up over 700 points at the session highs
Shares of Merck surged 8.6% on the back of a Covid drug that cuts hospitalizations by 50%. Transportation stocks like United airlines, Delta Airlines and Southwest Airlines are also higher on the back of that news. Energy was the best performing sector as oil prices move back to the
Shares of Merck surged 8.6% on the back of a Covid drug that cuts hospitalizations by 50%. Transportation stocks like United airlines, Delta Airlines and Southwest Airlines are also higher on the back of that news. Energy was the best performing sector as oil prices move back to the
NASDAQ looks like it’s five day losing streak will be snapped
Up over 1% on the day.
The tech heavy index is currently up 1.03% or 148.23 points at 14596.81. That comes after trading to a new cycle low down at 14423.16 earlier today.
The tech heavy index is currently up 1.03% or 148.23 points at 14596.81. That comes after trading to a new cycle low down at 14423.16 earlier today.