US Producer Prices Plunge Most Since COVID Lockdowns
Following the cooler than expected CPI, US Producer Prices plunged in April, down 0.5% MoM (vs +0.2% MoM exp) – the biggest drop since April 2020 (but we note that last month’s 0.4% MoM …
Walmart Delivers Solid Earnings, Warns Of Imminent Price Hikes
Walmart reported better-than-expected first-quarter results for the period ending April 30 but cautioned that the trade war will raise prices on certain items as early as this…
US Retail Sales Surprises To The Upside, But…
If BofA’s omniscient analysts are right (and they have been serially on the correct side of this data series relative to consensus for months), then traders should brace for disappointment th…
Zelensky In Istanbul Responds To ‘Insult’ Of Putin Sending Junior Officials To Talks: “I Am Here”
A team of Russian negotiators are in Istanbul on Thursday for the first direct peace talks with Ukraine in more than three years, with Russia…
Futures Drop Ahead Of Data Deluge, Powell Speech
US equity futures are lower as investors take profits on Thursday and tech stocks fell as investors worried about an economic slowdown after Steve Cohen warned the chance of a recession is 4…
Foot Locker Shares Erupt On Possible $2.4 Billion Dick’s Sporting Deal
Foot Locker shares erupted in premarket trading Thursday after The Wall Street Journal reported that Dick’s Sporting Goods has agreed to acquire the struggling sneaker …
White House Has Presented Iran With Written Nuke Deal Proposal In Huge First
Update(10:30ET): With President Trump and his envoy having arrived in the United Arab Emirates (UAE) for the last leg of the president’s Gulf tour, new details of…
Germany Wind Power Firms Face Millions In Losses As Wind Speed Drops To 50-Year Low
By ReMix News
In many ways, Germany’s wind power revolution has been a success, with wind power serving as the country’s largest source of electricity. …
Harvard Tops America’s Largest University Endowments (For Now)
University endowments held more than $870 billion in assets last year, largely dominated by America’s elite institutions.
While Harvard, Yale, and Stanford have amassed tens o…
UK Farmers Fear For Bioethanol Market Following US Trade Deal
Via City AM,
A recent trade deal between the UK and the US has led to the removal of tariffs on American bioethanol, which British farmers fear will undermine their domestic …
