Amazon’s Prime Day Sales Event Slated for July 16-17
Key Takeaways
Amazon announced on Tuesday that its 10th annual Prime Day sales event…
Australia ‘Alert’ to Upside Risks to Inflation, RBA’s Kent Says
(Bloomberg) -- Australia’s central bank is alert to upside risks to inflation and wants…
Oil edges lower after industry group reports jump in US stockpiles
NEW YORK (Reuters) - Oil prices fell in early Asian trade on Wednesday after an…
Novo Nordisk Rises as Wegovy Is Approved in China
Key Takeaways
American depositary receipts (ADRs) of Danish drugmaker Novo Nordisk rose…
Bond Traders Boldly Bet on 300 Basis Points of Fed Cuts by March
(Bloomberg) -- Traders in the US rates options market are embracing a nascent wager on…
Coinbase shares are down about 13% over 2 weeks alongside tumbling Bitcoin
Even with gains through midday Tuesday of better than 4%, to nearly $222, shares in the…
Carnival Stock Soars on Surprise Q2 Profit
Key Takeaways
Carnival Corporation reported an unexpected second-quarter profit as…
Circle K Owner Earnings Miss Estimates as Fuel Demand Falters
(Bloomberg) -- Alimentation Couche-Tard Inc., Canada’s most valuable retailer and the…
What is fractional reserve banking?
Fractional reserve banking is a system that requires banks to keep a percentage of…
16 Nobel Prize-winning economists say Trump policies will fuel inflation
By Tim Reid(Reuters) - Sixteen Nobel prize-winning economists signed a letter on…