Underlying US inflation pressures subside in August

September 29th, 2023|

Lucia Mutikani Reuters September 29, 2023 Consumer spending increases 0.4% in August Core PCE price index gains 0.1%; up 3.9% year-on-year Underlying U.S. inflation pressures moderated in August, with the annual rise in prices excluding

Rising Rates Make Big Companies Even Richer

September 15th, 2023|

James Mackintosh The Wall Street Journal September 15, 2023 The amount companies earn from cash in the bank is going up even as interest costs fixed during the pandemic stand still. The Federal Reserve jacked up

US services sector picked up in August, along with prices

September 6th, 2023|

Ann Saphir Reuters September 6, 2023  The U.S. services sector unexpectedly gained steam in August, with new orders firming and businesses paying higher prices for inputs -- potential signs of still-elevated inflation pressures. The Institute

Strategists Scramble to Catch Up as S&P 500 Rally Rumbles On

August 30th, 2023|

Farah Elbahrawy Bloomberg August 25, 2023 Oppenheimer’s Stoltzfus raises year-end target to 4,900 Morgan Stanley’s Wilson turned less bearish on Monday There’s a shift in tone happening across Wall Street. Oppenheimer Asset Management’s Chief Investment

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