5 things to know before the stock market opens on Friday 12th August

Traders on the floor of the New York Stock Exchange, August 11, 2022. Source: NYSE Here are the most important news that investors need to start their trading day: 1. Markets are looking Referred to US stock futures Friday morning march, a day after the three major indicators reported conflicting results. Thursday, daw It ended … Read more

Fed expects to stick to hawkish rate hike, analysts say

The Federal Reserve is unlikely to turn away from its hawkish rate hikes despite positive signs this week that US inflation may ease, according to market strategists. Thursday, Product Price Index It unexpectedly fell 0.5% in July from the previous month, compared to an estimate of a 0.2% gain, according to a Dow Jones survey. … Read more

This key inflation gauge has fallen, but remains painfully high

The Producer Price Index, which determines the prices paid to producers for their goods and services, rose 9.8% in July, compared to a year earlier. That’s a slowdown from a sharp 11.3% year-over-year rise in June, according to data released Thursday by the Bureau of Labor Statistics. On a monthly basis, wholesale prices are down … Read more

Six Flags, Disney, Sonos and more

Customers are socially distanced on tours like Wonder Woman: Lasso of Truth at Six Flags Great Adventure in Jackson, New Jersey. Kenneth Kisnosky/CNBC Check out which companies are making the headlines in midday trading. six flags – Shares fell more than 22% after the theme park company sharply missed its second-quarter earnings forecast. Six Flags … Read more

5 things to know before the stock market opens Thursday, August 11

Traders on the floor of the New York Stock Exchange, August 8, 2022. Source: NYSE Here are the most important news that investors need to start their trading day: 1. Stock futures go up US markets were on Thursday Ready to rise again After a government report showed inflation abating, it fueled a rally on … Read more

Denver metro is an ‘at-risk’ housing market

DENVER – The Denver metro housing market has undergone a major transformation. It is now among the most vulnerable markets in the country, according to the real estate brokerage, Redfin. Redfin’s degree of risk depends on interest rates, home sales, and lower prices. This may not be the best time to buy, but for many … Read more

Chip makers stumble amid fears of worst slowdown in 10 years | Business and Economics News

Semiconductor stocks fell after Micron Technology Inc. The latest chip maker warns of slowing demand, sparking fears that the industry is heading for a painful downturn. In the US, the Philadelphia Semiconductor Index fell 4.6% on Tuesday with all 30 members in the red, its biggest drop in nearly two months. In Asia, chip stocks … Read more

Easing inflation pressures is giving the economy some breathing for now

A shopping cart in a supermarket as inflation affects consumer prices in Manhattan, New York City, US, June 10, 2022. Andrew Kelly | Reuters If inflation is the biggest threat to US economic growth, the July data should provide signs of at least some relief in the pipeline. Prices were Apartment for this month It … Read more

Why did gas prices drop below $4 for the first time in months

The national average price of gasoline fell below $4 a gallon this week for the first time in five months, providing marginal relief to cash-strapped American motorists. The average price per gallon was $3.99 on Tuesday on tracked sites Through the GasBuddy fuel analysis platform. The company said the drop in oil prices is most … Read more

Easing inflation pressures is giving the economy some breathing for now

A shopping cart in a supermarket as inflation affects consumer prices in Manhattan, New York City, US, June 10, 2022. Andrew Kelly | Reuters If inflation is the biggest threat to US economic growth, the July data should provide signs of at least some relief in the pipeline. Prices were Apartment for this month It … Read more