Getty Images Inflation in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the Labor Department said. That marked a slight uptick from 2.4% the month before. The latest figures added to speculation that the US central bank might not lower rates as much as had been expected
Breadcrumb Trail Links News Economy Retail & Marketing ‘Hopeful that we will kind of hold our nose and get through it’ Published Nov 13, 2024 • Last updated 1 hour ago • 5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Michael McCain was the keynote speaker at a Canadian Club event at the Fairmont Royal York Hotel, Nov. 12,
Bitcoin rose above $93,000 for the first time on Wednesday, adding to its postelection rally, as traders pored through October inflation data. The price of the flagship cryptocurrency was last higher by more than 1% at $91,201.09. At one point, it briefly rose to a fresh record of $93,469.08. Traders were digesting the most recent consumer price index, which showed prices increased 0.2% in October, bringing the 12-month inflation rate up
Once your earnings exceed a specific amount, you can stop paying into Social Security for the rest of the year. Source link
JUST IN: Total spot Bitcoin ETF volume surpasses $7.4 billion today. @WatcherGuru
By Stephanie Kelly and Brad Brooks (Reuters) – The governors of Illinois and Colorado on Wednesday said they will co-chair a coalition of mostly Democratic-led states to fight back against polices incoming Republican President Donald Trump has vowed to push through. With their Governors Safeguarding Democracy group, Democrats J.B. Pritzker of Illinois and Jared Polis of Colorado join attorneys general and other Democratic governors who have pledged to resist conservative
By Tatiana Bautzer and Nupur Anand NEW YORK (Reuters) – U.S. bank CEOs expressed confidence in the dealmaking outlook and the health of U.S. consumers at an industry conference in New York on Wednesday. Bank of America’s buildup of advisory work on upcoming mergers and acquisitions is strong, while its pipelines for initial public offerings “are full and ready to go,” CEO Brian Moynihan told attendees. Meanwhile, KeyCorp (NYSE:) CEO
Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to time served. Source link
More than two decades after spotting a mysterious, gelatinous, bioluminescent creature swimming in the deep sea, California researchers this week announced that it was a new species of sea slug Source link
Breadcrumb Trail Links Investor Leveraged ETFs are often meant for active traders who want to bet on a stock’s performance for no more than a single day Author of the article: Bloomberg News Miles Weiss and Youkyung Lee Published Nov 13, 2024 • Last updated 5 hours ago • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Warren Buffett’s
