Consumer Prices Rise In August: What You Need To Know
After rising .5% in July, all consumer items tracked by the Bureau of Labor Statistics rose .3% in August. Over the year, all consumer items have risen 5.3%.
Playing Yo-Yo: Market Swings Up And Down Amid Lack Of Major Data, Earnings
Inflation continues to be a major issue, but today’s August consumer price index (CPI) report offered a flash of hope for anyone who wants to see prices start coming down a bit.
Tuesday’s Market Minute: Entering The Metaverse
Entertainment and social media companies are competing for our eyeballs, whether that’s Netflix (NASDAQ: NFLX) and other streaming services pouring billions into a constant stream of content, or social media algorithms fine-tuning themselves to become as addictive as possible.
Tech Market In Focus After Big Friday Slide From Apple, Alphabet Following Judge’s Decision
September has a bad reputation around Wall Street. It’s living up to that so far as last week was the worst in three months, but some green shoots pushed through the sidewalk cracks this morning as eyes turn to the Tech sector after a ragged Friday.
Green Thumb To Open Cannabis Production Facility On Former Federal Prison Site in New York State
One of the nation’s leading cannabis operators, Green Thumb Industries Inc. (OTCQX: GTBIF)(OTCQB: GTII), will be building a modern cannabis campus on the sit
How To Include Cryptocurrencies As Part Of An Inflation-Proof Investment Portfolio
Consumers and investors alike pay close attention any time a new announcement is made about the movements of the U.S. Consumer Price Index (CPI), which represents a reliable gauge on inflation or deflation.
Wall Street Analysis Puts Value Of Uber Freight At $3.5B
A report from Morgan Stanley's transportation research team, headed by Ravi Shanker, estimates the value of Uber Technologies' (NYSE: UBER) "sum of parts" at $72 per share. Of that, about $2 can be attributed to Uber Freight, based on valuing Uber Freight at $3.5 billion.
Weekly Employment Insurance Claims At Lowest Point Since March 2020
Weekly seasonally adjusted employment insurance claims were down again as of Sept. 4, hitting a low of 310,000, down 35,000 week-over-week.
USA Initial Jobless Claims for Sep 3 310.000K vs 335.000K Est; Prior Revised from 340.000K to 345.000K
USA Initial Jobless Claims for Sep 3 310.000 thousand vs 335.000 thousand consensus estimate. The prior reading was revised from an initial 340.000 thousand to 345.000 thousand.