As EV Adoption Stalls Due To 'Chicken And The Egg' Situation, Hybrids Race Ahead
In recent months, consumer preferences and OEM investments have shifted from electric vehicles (EVs) towards hybrids as a bridge solution.
Federal Reserve Hints at Rate Hike Amid Inflation Concerns; U.S. Home Sales Decline
The Fed may consider raising interest rates if inflation accelerates, according to minutes from the last meeting.
Japan's Economy Skids, Clouding BoJ's Rate Hike Plans
Japan's economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challenge to the central bank's push to get interest rates further away from near zero.
Nvidia will Surge Another 22%, and is Still Cheap Compared to Peers Despite Nearly Doubling this Year, Goldman Sachs Says
Nvidia (NVDA) stock still has plenty of upside even after its year-to-date rally of 81%, according to a Tuesday note from Goldman Sachs.
Fed to Stay at Current Rate Horizon Citing Inflation for Longer than Anticipated
The Federal Open Markets Committee (FOMC) concluded its two-day monetary policy meeting with a unanimous decision to let the Fed funds target rate stay at 5.25%-5.50%.
U.S. Private Sector Growth Unexpectedly Slows In April, Marks Lowest Increase In 4 Months: 'Drivers Of Inflation Have Changed'
The latest indications on U.S. private sector activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024.
Cleveland-Cliffs to Report Q1 Earnings: What's in Store?
Cleveland-Cliffs (CLF) is slated to release Q1 2024 results after the closing bell on Apr 22.
Inflation Accelerates More than Expected in March as High Prices Persist
Inflation accelerated in March for the third straight month, keeping prices painfully high for millions of Americans and likely delaying any interest rate cuts by the Federal Reserve.
Where Will Apple Stock Be in 3 Years?
No matter what, Apple (AAPL) is going to be fine. Indeed, it may well be an even bigger company by 2027 than the $2.6 trillion behemoth it is right now.
The Presidents of France and Brazil Meet and Announce a $1.1 Billion Investment Plan for the Amazon
The Brazilian and the French presidents on Tuesday announced a plan to invest 1 billion euros ($1.1 billion) in the Amazon, including parts of the rainforest in neighboring French Guiana.
Powell: Economy Progresses, but Inflation Still 'Too High' to Adjust Benchmark Rate
On Wednesday, March 20, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being.
China Central Bank Buying Set Stage for Gold's Rally
Gold has been trading for months around the $2,000 mark — a level that would have been viewed as stratospheric just a few years ago, and which was only breached for the first time in 2020.
Powell Emphasized that Fed isn't Ready to Start Cutting Interest Rates
Fed Chairman Jerome Powell on Wednesday, March 6, reiterated that he expects interest rates to start coming down this year, but is not ready yet to say when.
Japan's Inflation Beats Forecasts, end of Negative Rates in Sight
Japan's core consumer inflation slowed for a third straight month in January but beat forecasts and held at the central bank's 2% target, keeping alive expectations it will end negative interest rates by April.