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Category: Economy

Fed’s Waller eyes July rate rise, and another hike before year ends
BusinessEconomyUS

Fed’s Waller eyes July rate rise, and another hike before year ends

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said Thursday he’s not ready to call an…

July 13, 2023July 13, 2023
Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion
BusinessEconomyTechnologyTop NewsUS

Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion

By Granth Vanaik (Reuters) -U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last…

July 13, 2023July 13, 2023
Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
BusinessEconomyTechnologyUS

Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers

By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com’s Prime Day two-day shopping event saw U.S. online sales…

July 13, 2023July 13, 2023
Nasdaq leads Wall St to higher close as CPI report lifts sentiment
BusinessEconomyUS

Nasdaq leads Wall St to higher close as CPI report lifts sentiment

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more…

July 12, 2023July 12, 2023
US economy shifts into disinflation mode; consumer prices rise modestly
BusinessEconomyTop NewsUS

US economy shifts into disinflation mode; consumer prices rise modestly

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in…

July 12, 2023July 12, 2023
Options hedges against a break in US stock market calm at record high
BusinessEconomyUS

Options hedges against a break in US stock market calm at record high

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to…

July 12, 2023July 12, 2023
Yellen raised China’s hopes for tariff cut; U.S. politics will crush them
AsiaEconomyElectionsPoliticsTop NewsUS

Yellen raised China’s hopes for tariff cut; U.S. politics will crush them

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen’s trip to China has raised hopes…

July 12, 2023July 12, 2023
What is Nasdaq’s special rebalancing and its impact?
BusinessEconomyTechnologyUS

What is Nasdaq’s special rebalancing and its impact?

By Sruthi Shankar and Medha Singh (Reuters) -A “special rebalance” of the Nasdaq 100 index will take place later this…

July 12, 2023July 12, 2023
Hedge funds grow more cautious on crypto after turmoil
AsiaBusinessEconomyEuropeUS

Hedge funds grow more cautious on crypto after turmoil

(This July 11 story has been corrected to add ‘CoinShares’ in paragraph 2 and ‘funds investing in crypto’ in paragraph…

July 12, 2023July 12, 2023
BusinessEconomyGeneral

Massive Options Bet on Palantir

A major player with deep pockets has taken a bullish position on PLTR, raising eyebrows. Today, a substantial position appeared…

July 11, 2023January 29, 2025

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