Weekly outlook: US Dollar remains stable as PCE inflation increases and GDP shows weakness
On Friday, the US dollar (USD) remained stable following the release of important economic data, while the US dollar index (DXY) noted a respectable weekly increase of nearly 1%. Core personal consumption expenditures (PCE) showed a year-on-year rise of 3% in December, which exceeded market predictions. This suggested inflationary pressures are climbing, providing a boost […]
Stocks Drop Due to Tech Weakness and AI Concerns
Market Update The S&P 500 Index saw a drop, with the Dow Jones Industrial Average ending down 1.57% and the Nasdaq 100 Index down 2.04%. March E-mini S&P futures fell by 1.55%, while March E-mini NASDAQ futures decreased by 2.02%. Thursday’s trading began with some gains but shifted sharply downward, primarily due to the decline […]
Egor Demin swiftly transformed his weakness into a significant strength for the Nets.
Demin’s Surge Amidst Team Struggles Egor Demin, often seen as a potential weak link before the last NBA Draft, is now making a name for himself with the Nets. That fact became particularly clear on Thursday night when the rookie scored a personal best of 26 points, hitting 6-of-10 shots from beyond the arc in […]
Poll on Deportation Views Shows Weakness of Corporate Media
Voter Support for Deportation of Illegal Immigrants Recent polling indicates that over 60% of midterm voters are in favor of deporting individuals who are in the United States illegally. Specifically, a survey found that 61% of respondents support the deportation of all undocumented immigrants back to their countries of origin. Breaking this down further, 64% […]
Bitcoin’s Price Drop Highlights Major Market Divides: Chance or Fundamental Weakness?
Bitcoin’s Latest Decline Highlights Market Strains Bitcoin’s recent drop has brought to light growing tensions within the cryptocurrency market, highlighting a clash between savvy “buy-on-the-moment” traders and emerging signs of structural instability. Analysts have shared sharply different views on how the economic downturn is affecting investors, with digital assets plummeting alongside a wider risk-averse trend […]
University of Phoenix experiences data breach due to Oracle weakness
University of Phoenix Confirms Major Data Breach The University of Phoenix has reported a significant data breach that impacts around 3.5 million individuals. This breach, which occurred back in August, allowed attackers to access the university’s network and steal sensitive data. The breach was identified on November 21, when the attackers listed the university on […]
Stock Market Update, Dec. 31: Stocks Rise as Jobless Claims Show Weakness to Conclude 2025
This live blog is updated consistently throughout the day with the latest market fluctuations. So, it’s Wednesday, and here’s the stock market summary for December 31, 2025. You can check out our daily live updates for the latest details. Well, 2025 is wrapping up, and the U.S. market is currently closed. Today, around 67.8% of […]
Holiday Shopping Boost Hidden by Auto and Housing Weakness in October Retail Sales
U.S. Retail Sales Insight for October Retail sales in the U.S. remained nearly unchanged in October, which may not reflect the underlying consumer strength, especially as many Americans began their holiday shopping early, even before Halloween. According to the Census Bureau, retail and food service sales reached $732.6 billion in October, virtually the same as […]
Dollar Index stays near 99.50, showing weakness due to the Fed’s cautious approach
The US Dollar Index (DXY), which tracks the USD’s performance against six major currencies, held steady around 99.60 during Asian trading on Friday, following three days of losses. Yet, there’s a chance the dollar might decline further as the likelihood of a Federal Reserve interest rate cut in December grows. Market participants are also anticipating […]
EUR/USD holds on to gains amid increased risk appetite and dollar weakness
EUR/USD Sees Gains but Remains Below Key Level The EUR/USD pair is climbing on Wednesday, currently trading at 1.1575, but hasn’t quite breached the 1.1600 mark. Concerns from the European Central Bank (ECB) regarding financial risks have tempered investor enthusiasm, while increasing speculation over a potential interest rate cut by the US Federal Reserve in […]