Wow, that was such a shock: we Consumer price growth It slowed to 0% in July, the Labor Department said on Wednesday. Core price growth slowed to 0.3%, less than expected. Over the past 12 months, prices have risen by 8.5%, also falling short of expectations. The soft reading seems to justify the 13% rise … Read more
Wow, that was such a shock: we Consumer price growth It slowed to 0% in July, the Labor Department said on Wednesday. Core price growth slowed to 0.3%, less than expected. Over the past 12 months, prices have risen by 8.5%, also falling short of expectations. The soft reading seems to justify the 13% rise … Read more
Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more
Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more
This week Ford Motor Company will reopen its demand banks exclusively for owners of reservations for the all-electric F-150 Lightning pickup truck. With this roundup comes a slightly longer battery range and a higher poster price for the 2023 model. Citing “significant increases in material cost and other factors”, the automaker He said in a … Read more
US stocks struggled for momentum on Tuesday as traders turned away from big bets ahead of July inflation data due on Wednesday that could determine the fate of the latest rally in the summer. What is happening Dow Jones Industrial Average DJIA, + 0.03% Gains rose 35 points, or 0.1%, to 32,868 points. S&P 500 … Read more
As the threat of recession approaches, City The group has produced a screen of 30 stocks to help investors find opportunities during the second half of 2022. Stocks have rebounded in recent weeks with major indexes rising in double digits from their June lows. The Standard & Poor’s 500 It’s up about 10% since the … Read more
We are far from data that could be a turning point for the markets. If Wednesday’s CPI does not reveal some slowdown in prices, expectations for a further Fed rate hike in September will rise, potentially hitting stocks. But if it swings in the other direction, especially after surprisingly good jobs data, the view that … Read more
We are far from data that could be a turning point for the markets. If Wednesday’s CPI does not reveal some slowdown in prices, expectations for a further Fed rate hike in September will rise, potentially hitting stocks. But if it swings in the other direction, especially after surprisingly good jobs data, the view that … Read more
Bed Bath & Beyond Inc. shares rose. down 36% on Monday with no visible news driving the movement, as the Wall Street Beats crowd on Reddit once again embraced the “meme” stock. One individual on the Reddit forum, called “TheDude0007,” said his inbox was full of queries about the decision process after he said he … Read more