Stock futures rise as traders eagerly await key data releases on U.S. consumer health and inflationary pressures. Recent volatility caused by oil prices and interest rate hikes.
Investors are eagerly anticipating the release of U.S. inflation data later this week, particularly the consumer price index (CPI) and producer price index (PPI) readings. These crucial indicators are expected to influence the Federal Reserve's monetary policy decisions.
Investment Consulting Group, a team of six financial advisors managing over $600 million in client assets, has left Wells Fargo to become independent and affiliate with Osaic. This departure signals ongoing trouble for Wells Fargo, while Osaic gains momentum in attracting advisor teams.
Carrefour plans to label products affected by 'shrinkflation' and renegotiate prices, prioritizing consumer interests over food industry profits.
U.S. stock futures show signs of recovery after a challenging week. Dow Jones, S&P 500, and Nasdaq 100 futures gain, despite previous day's decline in S&P 500.
Peter Navarro, a former official in the Trump White House, has been convicted of contempt of Congress charges for refusing to cooperate with a congressional investigation into the January 6 attack on the U.S. Capitol.
Chinese equities suffer sharp decline due to concerns over economy, impacting ETFs focused on Chinese stocks. China's yuan also faces downward pressure. Smaller Chinese-focused ETFs experience downturns. Uncertain future for China MSCI stock price index.
European stocks slip as Stoxx Europe 600 index finishes down by 0.14%. Top decreases among constituents led by Uniper SE. Direct Line Insurance Group PLC witnesses largest increase. Currency and commodity movements, bond yield movements also reported.
UBS's acquisition of Credit Suisse brings potential but challenges as they clean up the mess left behind before generating reliable profits.
GameStop's financial performance is under scrutiny as analysts analyze cost-cutting measures, positive second-quarter results, growth challenges, and the company's future prospects.