USD/INR jumps to fresh record high on month-end US Dollar demand – FXStreet
The Indian rupee fell to a new record low in early European trading on Friday. A strong US dollar and end-of-month demand for US dollars from importers weighed on the Indian rupee. The RBI is likely to intervene in the foreign exchange market to prevent further depreciation of the domestic currency. The Indian rupee (INR) […]
Bitcoin buyer MicroStrategy jumps on Nasdaq 100 entry – Yahoo Finance
Written by Medha Singh (Reuters) – Shares of MicroStrategy (MSTR) rose 6% in pre-market trading on Monday. That's because the software company and Bitcoin buyer is set to join the tech-heavy Nasdaq 100 index, potentially further boosting its stock price. The $25.7 trillion index of the largest non-financial companies includes MicroStrategy, which holds $44 billion […]
Furious mom jumps into son’s fist fight, pistol-whips kid: video
A brutal video has been released of a Florida mother jumping into her son's street fight and punching his teenage opponent in the face with a pistol. A frame from a cell phone video showing a mother hitting a teenager with what appears to be a gun. Via WSVN The incident occurred in a Popeyes […]
Producer Price Inflation Jumps Higher Than Expected
Prices paid to producers of U.S. goods and services rose rapidly in November, the latest sign that progress in curbing inflation is stalling and inflation is at risk of rising again. The Producer Price Index (PPI) rose 0.4% in November, the Bureau of Labor Statistics announced Thursday morning. This was a tenth of a point […]
Small business optimism jumps after election: NFIB
Optimism among small businesses soared in November, exceeding the 50-year average for the first time in nearly three years, according to the National Federation of Independent Business (NFIB). The Small Business Optimism Index rose 8 points to 101.7 last month. This is the highest reading for the index since June 2021 and the 34th consecutive […]
US Consumer Borrowing Jumps on Surge in Credit-Card Balances – Yahoo Finance
(Bloomberg) – U.S. consumer borrowing rose more than expected in October, reflecting the largest increase in credit card balances since mid-2022. Most Read Articles on Bloomberg Total credit outstanding rose $19.2 billion after a $3.2 billion increase in September, according to data released Friday by the Federal Reserve. The median forecast in a Bloomberg survey […]
Dow jumps nearly 200 points to record in short session, S&P 500 posts best month of 2024: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange during morning trading on November 26, 2024. Michael M. Santiago | Getty Images of Dow Jones Industrial Average and S&P500 Stocks rose to new highs on Friday as the trading day was shortened and capped off a strong month. The S&P 500 rose 0.56% […]
Gold price jumps to multi-day top amid flight-to-safety sentiment, lacks follow-through – FXStreet
Gold prices saw new action on Friday amid trade war concerns and geopolitical tensions. USD is languishing near two-week lows, providing further support for the XAU/USD pair. Betting on a gradual rate cut by the Fed could keep a lid on the low-yielding yellow metal. Gold prices (XAU/USD) surged to a four-day high during Friday's […]
Mortgage demand jumps as rates fall
Making Money Charles Payne talks about the resurgence of animal spirits after Trump wins the election. Long-term mortgage rates have fallen over the past week, reigniting demand for home purchases and breathing new life into a stagnant housing market. Overall, the number of mortgage applications rose 6.3% from a week ago, driven by an increase […]
Dow jumps on Treasury pick Scott Bessent’s promise to slash taxes
The Dow Jones Industrial Average rose nearly 400 points on Monday after President-elect Donald Trump's nominee for Treasury secretary, Scott Bessent, laid out his priorities, including tax cuts. In my first interview as a Treasury candidate wall street journalBessent said he would also focus on imposing tariffs, cutting spending and keeping the U.S. dollar as […]