Trader bets £2m on biggest interest rate cut in four years
A money markets trader has placed a £2m bet on the Bank of England making the biggest interest rate cut in four years next month after inflation fell back to…
How has Brexit impacted UK business, and what should the new government do?
One of the defining actions of 14 years of Conservative Party rule in the UK has been the Brexit referendum and the country’s subsequent withdrawal from the European Union (EU).…
June PMI, SCOTUS overturns Chevron deference: Catalysts
Stocks (^DJI, ^IXIC, ^GSPC) move higher in the first full trading hour of Wednesday’s session. The trading session is shortened today in lieu of the July 4th holiday. Madison Mills…
Wage growth nears three-year low in June as labor market enters ‘different regime’
Pay increases for American workers have continued to fall from highs reached during the post-pandemic reopening. And that’s as true for folks keeping the same job as it is for…
Japan’s service activity slips for first time in 2 years, PMI shows
TOKYO (Reuters) – Japanese service activity contracted for the first time in nearly two years in June as domestic demand cooled, a private sector survey showed on Wednesday, although business…
Market highs, American Giant CEO, smartphones: Market Domination Overtime
American Giant founder and CEO Bayard Winthrop joins the program to talk about the apparel brand’s partnership with Walmart (WMT) as it seeks to cut clothing prices for consumers amid…
Should You Be Impressed By Parkland Corporation’s (TSE:PKI) ROE?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return…
Is Restaurant Brands International Limited Partnership’s (TSE:QSP.UN) ROE Of 37% Impressive?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it…
BYD closing gap behind Tesla, Oil jumps on hurricane and Middle East concerns: Yahoo Finance
Chinese EV maker BYD (BYDDY)spiked over 20% in its second quarter EV sales, closing the gap behind Tesla (TSLA). Barclays estimates an 11% drop in second-quarter deliveries for Tesla, potentially…
Fed rate cut: Why this economist is concerned about wage growth
The latest Job Openings and Labor Turnover Survey (JOLTS) for the month of May came in at 8.14 million, beating Wall Street expectations of 7.95 million. In addition, layoffs and…