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The US dollar index (DXY) went parabolic after the red-hot US inflation report. It surged to a high of $104.95, its highest swing since April 2nd this year as investors focused on the next actions of the Federal Reserve. US dollar index chart US inflation surged in March Consumer prices in the US jumped in […]

• April 10, 2024 06:45 AM PDT
• Invezz

Multinational wholesale retailer Costco is famous for selling electronics, computers, furniture, appliances, jewelry and more since 1983… And, more recently, it branched into selling physical gold last year. At Costco warehouses and online, shoppers can now buy gold bullion in 1 oz-sized Swiss PAMP bars of fine 24-karat gold “minted bar with a proof-like finish”. […]

• April 10, 2024 06:18 AM PDT
• Invezz

Macy’s Inc (NYSE: M) is trending down at writing after announcing to have settled its proxy fight with Arkhouse Management. Here’s what it means for $M The department store chain has agreed to add two new directors to its board. Ric Clark and Rick Markee – both nominated by Arkhouse will assume the role immediately […]

• April 10, 2024 06:17 AM PDT
• Invezz

Singapore, Singapore, April 10th, 2024, Chainwire On April 4th, Binance Web3 Wallet joined forces with BEVM, a leading Bitcoin Layer2, and its ecosystem project, Satoshi Protocol, to launch an airdrop campaign worth millions. Users who bridge BTC to the BEVM via Binance Web3 Wallet and borrow at least $10 SAT (USD-stablecoin) will be eligible to […]

• April 10, 2024 05:57 AM PDT
• Invezz

Marks and Spencer (LON: MKS) and Sainsbury (LON: SBRY) share prices popped sharply on Wednesday. MKS jumped by 1.65% and moved to 260p while Sainsbury soared by 2% to 270p. The main reason why the two companies jumped was because of the positive outlook of the UK retail sector. In a statement, Tesco, the biggest […]

• April 10, 2024 05:40 AM PDT
• Invezz

S&P 500 may open in the red today after the U.S. Bureau of Labour Statistics said inflation was up more than expected in March. Analyst shares outlook for S&P 500 Versus a year ago, the consumer price index (CPI) stood at 3.5% last month while the Dow Jones estimate was for 3.4%. The economic data […]

• April 10, 2024 05:37 AM PDT
• Invezz

Singapore, Singapore, April 10th, 2024, FinanceWire FBS, a leading global broker, introduces its revamped mobile trading application – the FBS app. The upgraded solution is available for Android and iOS users, providing them with all the tools and resources for online trading. To thank clients for choosing FBS, the broker launches exclusive in-app promotions, cutting […]

• April 10, 2024 05:30 AM PDT
• Invezz

Vibecession—a neological term coined in 2022 by economist Kyla Scanlon—states that feelings are real. They are a genuine indicator of people’s attitudes toward their country’s economy. What is vibecession? Vibecession, created from the terms ‘vibe’ and ‘recession’, is a recent global trend that refers to the disconnect between a nation’s economy and its citizens’ negative […]

• April 10, 2024 05:15 AM PDT
• Invezz

Shares of SoundHound AI Inc (NASDAQ: SOUN) are down 10% this morning after the speech recognition company announced an “Equity Distribution Agreement”. How many shares will SoundHound sell? The $1.50 billion company based out of Santa Clara, California says it will sell up to 150 million shares through “Managers” including Citigroup and Barclays Capital.   […]

• April 10, 2024 04:40 AM PDT
• Invezz

Platinum price continued bouncing back this week as demand for precious and industrial metals rose. It jumped to a high of $988 on Wednesday, its highest point since December 29th. It has jumped by more than 13% from its lowest point in March. Metals are soaring Platinum price is doing well as metals continue jumping. […]

• April 10, 2024 04:35 AM PDT
• Invezz