Dear readers, before we get into today’s news and stock analysis and because I’ve been receiving many questions from you, I’d like to first clarify what...
The US dollar is staging a rally to kick off the trading week, buoyed by investors pouring into the traditional safe-haven asset as global financial markets plummeted. Despite the US government agreeing to a nearly $1...
More than ever, the language used by Elizabeth II could be a source of reassurance for families seeking stability.
Private-equity firm Thoma Bravo has entered into a deal to acquire property management software provider RealPage for $9.6 billion as part of a leveraged buyout deal,...
A holiday-shortened week will see dwindling participation. The lighter activity could make for either subdued price action or volatile activity. Brexit is a gift that keeps...
Fed Allows Banks To Restart Buybacks After 2nd Stress Test
Waiting For The Other Shoe To Drop... Tyler Durden Fri, 12/18/2020 - 16:20 Authored by Michael Snyder via The Economic Collapse blog, Do you feel like...
The year 2020 will be remembered as one of the most eventful years in memory. The world experienced a pandemic that caused businesses and borders to...
Following months of decline, furloughs increased for people with disabilities in November while continuing to decline for workers without disabilities Credit: Kessler Foundation East Hanover, NJ....
The Russian ruble is continuing to pare its gains from the last month amid mixed economic data. But experts think that Russia will begin to recover next year, joining the rebound...
We’re not there yet We are now heading into what would typically be a quiet time of year when everyone spends time with their loved ones...
Recently, President-Elect Joe Biden named Janet Yellen to be his administration's Treasury Secretary. Yellen quickly proclaimed the reason "I became an economist was because I was...
Plummeting NYC Real Estate Deals Crush City's Tax Revenue Tyler Durden Fri, 12/18/2020 - 10:05 New York City's structural dependence on property-tax revenue leaves it extremely...
The Canadian dollar is in red territory, with the North American markets yet to open. Currently, USD/CAD is trading at 1.2758, up 0.32% on the day....
Republicans Want An End To Fed Emergency Lending As Part Of Stimulus Deal Tyler Durden Thu, 12/17/2020 - 13:20 Update (1320ET): In a new demand, Republican...
US monetary policymakers have left key interest rates in the world’s largest economy at rock-bottom levels and indicated higher policy rates are still several years away....
U.S. coronavirus deaths soared to a daily record of 3,580 and hospitalizations rose for the 19th straight day on Dec. 16, ramping up the stakes as...
Another 1.3 million people applied for Unemployment Insurance (UI) benefits last week, including 885,000 people who applied for regular state UI and 455,000 who applied for...
Stimulus Talks Set To Enter Weekend As Stumbling Blocks Remain Tyler Durden Thu, 12/17/2020 - 10:46 Stimulus negotiations are set to spill over into the weekend,...
Bank of England Leaves Rates, Asset Purchases On Hold Ahead Of Brexit Conclusion Tyler Durden Thu, 12/17/2020 - 07:27 Just like the Fed's announcement yesterday was...
After months of stalemate, Congress is finally nearing a consensus on the coronavirus relief package. In a big relief for Americans, the coronavirus stimulus checks are...
- by New Deal democratThis week new jobless claims rose further from their recent pandemic lows, while continuing claims, seasonally adjusted, made a new pandemic low....
The US dollar extended its bearish pattern against many of its major currency counterparts on Thursday. The US government reported a larger-than-expected increase in the number of Americans filing for unemployment benefits. The buck was also...
The DOL reported:In the week ending December 12, the advance figure for seasonally adjusted initial claims was 885,000, an increase of 23,000 from the previous week's...
The Australian dollar has posted strong gains in the Thursday session. AUD/USD is currently trading at 0.7629, up 0.67% on the day. The Aussie remains red-hot,...
In June of 2020, three months after the COVID pandemic began in earnest in the United States, we wrote a report suggesting that the public health...
Bank of England Leaves Rates, Asset Purchases On Hold Ahead Of Brexit Conlcusion Tyler Durden Thu, 12/17/2020 - 07:27 Just like the Fed's announcement yesterday was...
Initial Jobless Claims Surge To Highest In Almost 4 Months Tyler Durden Thu, 12/17/2020 - 08:36 After rising for three of the last four weeks (with...
Deal Day? Tyler Durden Thu, 12/17/2020 - 09:20 By Jane FoleySenior, Rabobank FX Strategist News that US Congressional leaders are nearing an agreement on a coronavirus...
Overview: The prospects of a UK-EU deal and US stimulus continue to underwrite risk appetites and weigh on the dollar. Equity markets are moving higher. Led...