Consumer price data released by the U.S. Bureau of Labor Statistics (BLS) shows that car insurance premiums rose at a whopping annual rate of 22.2% in March, well above the 3.5% rise in the Consumer Price Index (CPI).
According to the Consumer Price Index (CPI), a broad measure of the average change over time in the price of a market basket of consumer goods and services, inflation headed in the wrong direction again in March, up rather than down.
The digital currency hovered around $70,000 most of the week. But it had a tumultuous weekend, falling below $62,000 Saturday before heading back toward $65,000 Sunday morning.
The U.S economy is turning into a tale of two worlds: the world of large businesses that are thriving and a world of small businesses that are struggling.
Stretched valuations and diminished expectations of interest rate cuts make U.S equities vulnerable to sell-offs, David Bahnsen, chief investment officer of The Bahnsen Group, said.
AI advancements won't just modify the gaming experience; they will rewrite the creation, play, and engagement rules, boosting the industry's revenue and earnings growth, according to experts.
One catalyst behind Wall Street's heighten volatility during the week was higher oil prices, growing Middle East tensions, and more robust economic data from China early in the week.
The Federal Reserve and Wall Street should look below the headline March jobs report released Friday to three numbers that matter the most for inflation and interest rates -- labor force participation, unemployment rate, and hourly earnings.
A $20 minimum wage that went into effect this week will squeeze the California fast-food industry, but it won't solve the poverty problem of the country's most populous state.
Christina Shim, head of Sustainability Software at IBM, sees AI as a critical part of the energy transition for developing, managing, and maintaining complex, reliable grids.
The digital currency ended the quarter hovering around $70,000, up 65%, on solid buying from spot ETFs launched by Wall Street financial powerhouses and the prospect of a tighter supply on the upcoming halving in April.
Artificial Intelligence (AI) is revolutionizing the entertainment industry. The future looks bright, and the possibilities are endless.
Tor Langoy, President and CEO at BD Globe Financial, sees the weaker yuan as the result of Beijing's efforts to stimulate exports.
Artificial Intelligence is poised to revolutionize the retail industry, change shopping experiences, enhance customer satisfaction, boost conversion rates, and drive revenue for retailers.
The S&P 500 ended the week at 5,234.18, up 2.3%; the Dow Jones at 39,475.90, up 1.98%; the tech-heavy Nasdaq at 16,428.82, up 2.9%; and the small caps Russell 2000 at 2,072.00, up 1.60%.
A partnership between Apple and Google, in which the smartphone pioneer lets Google's Gemini power iPhone AI features, is like a deal made in heaven. It will make the iPhone even more incredible, benefiting both Apple and Google smartphone users.
Today, the EV pioneer has made some gains in the Chinese market, but it is facing enormous pressure from scores of domestic EV makers. They threaten to turn the company's foray into the Chinese market from an asset to a liability.
In this week's regular March meeting, the Federal Open Market Operations (FOMC) will likely maintain its current interest rate policy.
The Consumer Price Index (CPI), a measure of retail inflation, rose 0.4% in February, the highest level in five months and above market expectations of 0.3%.
Costco reported net sales of $77.43 billion, representing an annual growth of 9.4%. It's a positive sign that the company keeps attracting and retaining customers.
The March Consumer Price Index (CPI) — a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services — rose 0.4% in February, above market expectations of 0.3%.
"The SEC's approval of a spot Bitcoin ETF renders the asset class an accredited financial product, making it far more accessible to the masses," Jesper Johansen, Founder and CEO of Northstake, said.
Reddit, which will soon launch an Initial Public Offering (IPO), is a great company but may not be a sound investment.
The digital currency traded close to the $70,000 mark after crossing the $60,000 mark a week earlier. It was up 2.3% for the week, on solid interest from the newly established ETFs, the prospects of lower interest rates, and a tighter supply on the upcoming halving in April.
Over the years, Target has become a "one-stop-shop" retailer, allowing shoppers to buy everything, from groceries to medicine and apparel. In addition, it has combined online shopping with offline shopping.
The magnificent seven stocks -- Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla -- have been stellar performers on Wall Street over the last 12 months, up 107% compared to 26% of the S&P 500.
Linde is a large player in its markets, especially in the industrial gas market, where the merger with Praxair gave the company a scale advantage over the competition.
Bitcoin and smaller stocks led another winning week on Wall Street, helped by lower bond yields and AI hype, ahead of another labor market report and more earnings.
The price of goods and services remains elevated around the U.S., as evidenced by four recent reports by the U.S. government.
Uber and Lyft are in the right market at the right time. The market is ride-hailing, which has been changing riders' lives worldwide.
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