Uk Stocks Tick Up As Traders Await Economic Data
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U.S. Dollar Falls as Market Awaits CPI Data
The big issue for the U.S. inflation outlook is if producers manage to pass rising costs on to consumers, Brown Brothers Harriman said ahead of the April CPI data release.The Wall Street Journal - World -
Stocks Mixed After Producer-Price Data
U.S. stocks were mixed in recent trading as investors digested wholesale-inflation data and awaited a reading on consumer prices, due Wednesday .The Wall Street Journal - World - Stock Market -
These stocks could see ‘immense’ profits as Canada’s economy sinks, says veteran trader
Veteran trader Kevin Muir is really bearish on Canada, and offers a couple ways for investors to play that.MarketWatch - Business -
Plug Power’s stock jumps as much as 70% after long-awaited funding announcement
Plug Power delivered a long-awaited funding announcement on Tuesday morning that looked set to fuel a major stock gain.MarketWatch - Business -
Traders were bullish, lifting the S&P 500 and Dow by 0.5% and 0.3%, respectively, and sending the Nasdaq up 0.8% to a record.
Traders were bullish, lifting the S&P 500 and Dow by 0.5% and 0.3%, respectively, and sending the Nasdaq up 0.8% to a record.The Wall Street Journal - World -
Copper futures hit record high as data center build-up, EV growth fuels demand
Copper futures on the NYMEX hit a record $XXX per pound, according to data from FactSet. The metal has gained more than 25% so far this year.CNBC - Business -
Bitcoin is struggling at these prices — and crypto traders are fretting
Is a crypto crash near? Why some bitcoin experts are breaking with the bulls.MarketWatch - Business - Crypto -
Brexit border IT outages delay import of perishable items to UK by up to 20 hours
Lorries carrying meat, cheese and cut flowers held up by new checks, with retailers rejecting some orders. Lorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UK’s busiest Brexit border post as failures ...The Guardian - World - United Kingdom -
USWNT awaits update on Alyssa Naeher leg injury
USWNT No. 1 and Chicago Red Stars starting goalkeeper Alyssa Naeher left Sunday's NWSL match with an apparent leg injury, adding to a list of injury concerns for the team with two months to go before the Olympics.ESPN - Sports -
SPDR Gold Rises on Fresh Inflation Data
Gold settled 0.7% higher after U.S. inflation data came in hotter than expected.The Wall Street Journal - World -
Nasdaq Hits Record High Ahead of CPI Data
Meme stocks GameStop and AMC Entertainment surged.The Wall Street Journal - World -
Government set to release new inflation data
New inflation data is set to be released Wednesday, and the numbers could influence what happens to interest rates. CBS News business analyst Jill Schlesinger explains.CBS News - Top stories -
GameStop shares jump more than 70% after "Roaring Kitty" trader returns
GameStop shares jumped more than 70% on Monday after trader Keith Gill, known online as "Roaring Kitty," returned with a social media post after being gone for four years.CBS News - Top stories -
GameStop, AMC attracting a fraction of retail trader interest seen during 2021's meme mania
Mom-and-pop traders snapped up shares after the man credited with starting the meme stock mania resurfaced online, though at a lesser extent than seen in 2021.CNBC - Business -
DOJ recommends 40 years for Pelosi attacker
David DePape was found guilty of attempted kidnapping of a U.S. official and assault on a family member of a U.S. official last November.Politico - Politics -
Burgum's stock rises in Trump veepstakes
Doug Burgum has emerged unexpectedly as a top choice to serve as former President Trump's running mate, a development that comes after the North Dakota governor failed to gain traction against the former president in his White House bid. Burgum ...The Hill - Politics - Donald Trump -
CDC to publicly post wastewater data amid bird flu outbreak
As bird flu spreads among cows in the U.S., the CDC plans to publicly post data on a specific influenza virus found in wastewater. Dr. Celine Gounder, CBS News medical contributor and editor-at-large for public health at KFF, joins to break down ...CBS News - Top stories -
Inflation Sticking Around, Key Wholesale Price Data Show
The Producer Price Index jumped up again last month, and economists see inflation persisting, which will likely keep high interest rates in place.Inc. - Business -
Secrecy Concerns Mount Over Spy Powers Targeting US Data Centers
A coalition of digital rights groups is demanding the US declassify records that would clarify just how expansive a major surveillance program really is.Wired - Tech -
We're adding to this battleground position based on some new data out of China
Estee Lauder's low stock price may not reflect any improvement in the environment.CNBC - Business - China -
Vermont Legislature passes one of the strongest data privacy measures in the country
The Vermont legislature has passed one of the strongest data privacy measures in the country, aimed at cracking down on companies’ use of online personal dataABC News - Tech -
Benchmark Treasury yields hug five-week lows ahead of CPI data
Bond yields fell early Wednesday, though moves were muted ahead of inflation data that may impact the Federal Reserve’s policy trajectory.MarketWatch - Business -
Inflation Data Could Show Signs of Progress After Disappointing Run
The Consumer Price Index, which will be released on Wednesday morning, could show price gains moderated a bit in April.The New York Times - Business -
Gold Futures Rise as Dollar Slips; Inflation Data Could Prompt Volatility
Gold futures rose, supported by lower Treasury yields and a softer U.S. dollar, ahead of U.S. inflation data.The Wall Street Journal - World -
Stocks Rise Amid Mixed Signals on Inflation
Stocks edged higher after the producer-price index rose more than expected in April but data for the prior month was revised lower.The Wall Street Journal - World - Inflation -
Alibaba’s stock slumps after another profit miss
Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.MarketWatch - Business -
Roaring Kitty's Return Sends GameStop Stock Surging
The pandemic "meme stock" run is the stuff of history books and Hollywood movies these days, and now one of the figures central to that phenomenon has made a grand return. Keith Gill, better known by his online handle Roaring Kitty, posted a meme ...GameSpot - Tech -
Stock Futures Flat With Inflation Report in Limelight
Stock futures were little changed as investors await April’s consumer-price index data.The Wall Street Journal - World - Inflation -
The Israel-Hamas war in maps: latest updates
A visual guide to the warFinancial Times - Business - Israel -
GameStop shares slide as meme stock fervor fades
Shares of GameStop, AMC Entertainment and other so-called meme stocks dipped ahead of the start of trade on Wednesday.CBS News - Top stories -
How to crack the economics of EV charging
Breaking the cycle of frustrated drivers and unprofitable charge points is doableFinancial Times - Business -
GameStop stock surges over 70%—but investors should still be wary of 'meme stocks'
Roaring Kitty returns to social media, GameStop's stock surges and short sellers lost over $1 billion. However, investors should be wary of chasing meme stocks.CNBC - Business -
AMC completed sale $250 million of stock Monday after meme-stock rally
AMC’s stock is surging at a frenzied pace.MarketWatch - Business -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
U.S. Bond Yields Could Become Relatively Stable Unless CPI Data Surprise
U.S. rates are febrile, having moved constantly for over a year now in line with changes in Fed Funds rate expectations and inflation data, Natixis Research said, but barring any new surprises in CPI data, rates could be entering a phase of ...The Wall Street Journal - World -
Why you can be a more informed investor once you know how to use market data
Retail investors are increasingly able to get what they need to make better financial decisions.MarketWatch - Business -
China's economy reveals pockets of softness. Here's what to watch ahead of Friday's data
As China's economy moves into the second quarter of the year, a few indicators are raising expectations for monetary policy easing.CNBC - Business - China -
Oil Rises on Reports of U.S. Crude Inventories Draw But All Eyes Are on Inflation Data
Oil prices edged higher on reports of a larger-than-expected draw in U.S. crude inventories, but remained broadly under pressure on prospects of higher-for-longer rates due to sticky inflation.The Wall Street Journal - World -
China-Russia: an economic ‘friendship’ that could rattle the world
After Putin’s invasion of Ukraine trade links between the two countries have strengthened. So have Beijing’s geopolitical ambitionsFinancial Times - Business - China -
Forget U.S. stocks — UBS says Europe's are a better bet. Here's why
In a bold "U-turn," UBS says European stocks are now more attractive than their U.S. counterparts.CNBC - Business