News

Federal Reserve’s Barkin says tariffs likely to push inflation up
Investing.com -- Federal Reserve Bank of Richmond President Thomas Barkin said Thursday tariffs are very likely to increase inflation in the coming months, while noting that central bank policy is ...
Serve Robotics stock rises after Atlanta market expansion
Investing.com -- Serve Robotics Inc. (NASDAQ: SERV) stock gained 4.8% following the announcement of its service launch in the Atlanta metro area, expanding its autonomous sidewalk delivery operations ...
Ascent Solar stock soars after NASA collaboration on beamed power tech
Investing.com -- Ascent Solar Technologies Inc (NASDAQ: ASTI) stock surged 160% following the announcement of a collaboration ...
Fed’s Barkin says tariffs will push inflation higher
Investing.com -- Federal Reserve Bank of Richmond President Thomas Barkin stated Thursday that tariffs are likely to increase ...
MGM downgraded as Las Vegas slump, rising capex cloud outlook – Citizens
Citizens expects MGM’s brick-and-mortar EBITDAR to be flat to down 3% in 2025-26 and said investors are unlikely to reward the stock until growth prospects improve. “We believe shares trading at 11% ...
US Wholesale Inventories Dip, Unexpectedly Bolstering USD
In a surprising turn of events, the latest data reveals a decrease in US wholesale inventories, an outcome that is expected to have a bullish effect on the US dollar (USD). The actual number indicated ...
U.S. initial jobless claims drop, beating market expectations
The Initial Jobless Claims data is one of the earliest indicators of the U.S. economic health, with its market impact varying from week to week. However, this week’s lower-than-expected reading is ...
GDP contracts further than expected, signaling economic slowdown
The GDP data, released monthly in three versions - Advance, second release, and Final, are tagged as preliminary in the economic calendar. The importance of this data is underscored by its three-star ...
Durable goods orders surge, outstripping forecasts and reversing previous dip
In a positive turn of events for the US economy, Durable Goods Orders, a key economic indicator, have seen a significant rise. The actual number came in at a hefty 16.4%, a figure that not only ...
Sweden Democrats apologise for past Nazi links, antisemitism as election nears
STOCKHOLM (Reuters) -The anti-immigration Sweden Democrats apologised on Thursday for the party’s past Nazi links and ...
Citi starts Sandisk at Buy on NAND recovery and enterprise SSD push; stock rises
Investing.com -- Citi Research has begun coverage of SanDisk Corporation (NASDAQ: SNDK) with a Buy rating and a $57 price ...
Lavrov says NATO spending increase won’t significantly affect Russia’s security
NATO adopted the higher spending target in response to pressure from U.S. President Donald Trump for European members to pull their weight, and also to European fears that Russia poses a growing ...