The Pound Sterling (GBP) tumbled against the US Dollar (USD) as the economy in the United States (US) contracted, as revealed by Gross Domestic Product (GDP) figures for Q1 2025.
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, hovered near 99.30 on Wednesday as investors remained cautious ahead of the Nonfarm Payrolls and inflation data later in the week.
The stock market is whipsawing after startling economic data.
The Pound Sterling (GBP) tumbled against the US Dollar (USD) as the economy in the United States (US) contracted, as revealed by Gross Domestic Product (GDP) figures for Q1 2025. At the time of writing, GBP/USD trades at 1.3331, down 0.51%
Inflation eased modestly in March but remains firmly north of the Federal Reserve’s 2% target.
PCE shows inflation rate decelerating to 2.3%
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged lower to 2.3% on a yearly basis in March from 2.5% in February, the US Bureau of Economic Analysis (BEA) reported on Wednesday. This readin…
Coming into a large sum of money is generally considered to be a good thing. The problem, though, is that some people who inherit money don’t know what to do with it. And for this reason, they risk blowing through it all too quickly. In this Reddit post, we have someone whose adult children […]
The post How I Plan to Protect My Kids’ $20,000 Inheritance from Inflation and Overspending appeared first on 24/7 Wall St..
The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and softer consumer spending, a first snapshot of the ripple effects from President Donald Trump’s trade policy. Inflation-adjust…
The Q1 GDP report included an unwelcome inflation surprise for the Fed.
The post GDP Falls, ADP Jobs Data Is Soft. S&P 500 Cuts Loss On Tame Inflation (Live Coverage) appeared first on Investor's Business Daily.
Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), edged lower to 2.1% on a yearly basis in April from 2.2% in March, Destatis’ flash estimate showed on Wednesday.
Stocks are looking to close out April on a high note as markets struggle through the worst ‘first 100 days’ of a U.S. President since Richard Nixon.
Understanding inflation and the need for hedges Bitcoin’s supply-and-demand dynamics, in addition to growing institutional adoption, position it as a potential he…
Here is what you need to know on Wednesday, April 30:
PayPal’s turnaround has been progressing, but an economic slowdown and the potential for rising inflation amid a budding trade war has presented some challenges.
Whether with €1 bulbs or 85 pence hot dogs, Ikea’s knack for going against the grain has kept it in business for 82 years. What comes next?
Australian Treasurer Jim Chalmers said on Wednesday that “the market expects more interest rate cuts after inflation figures.”
Australia’s Consumer Price Index (CPI) rose 0.9% QoQ in the first quarter (Q1) of 2025, compared with the 0.2% increase seen in the fourth quarter, according to the latest data published by the Australian Bureau of Statistics (ABS) on Wednesday.
Kenny Polcari breaks down everything you need to know as markets brace for a massive week of earnings, key economic data, and geopolitical uncertainty.
InvestorPlace – Stock Market News, Stock Advice & Trading Tips
In this week’s edition of Market Buzz, I give my thoughts on what I expect from key economic reports set to be released this week, including the Federal Reserve’s favorite inflation ind…
President Donald Trump’s election victory may have marked the beginning of the end for the fledgling program.
The best online gold dealers provide precious metal learning resources, stellar customer service and transparent pricing.
KHC’s first-quarter sales meet the Zacks Consensus Estimate, while organic net sales decline 4.7% amid volume/mix pressures.
With consumer sentiment down 8% from March to April due to rising concerns about inflation, investors are now looking for safe and resilient stocks to own. Consumers are worried about the impact of tariffs, and inflation concerns are high. But there are a few companies that are standing strong and could tackle the situation better […]
The post PepsiCo (PEP) Vs. Coca-Cola (KO): Which Beverage Stock Offers the Better Dividend? appeared first on 24/7 Wall St..
HSBC on Tuesday slashed its target to 5,600 from 6,700, based on a forecast for slower U.S. growth, sticky inflation and falling bond yields.
President Donald Trump’s tariff policies have largely impacted how consumers feel about the economy.
Consumer sentiment has fallen more over the last three months than during the 2008 financial crisis.
GBP/USD slipped from recent highs as UK retail price data confirmed ongoing deflation in shop prices, despite a pickup in food inflation.
The latest monthly Consumer Expectations Survey by the European Central Bank showed on Tuesday that Eurozone inflation is seen notably higher for the year ahead in March.
The AUD/USD pair is trading steadily around 0.6400 as investors brace for key economic data from the United States (US) this week.
Markets Wait for Several Key Economic and Earnings Data.
Jobs Week, PCE and Q1 earnings reports should dominate market headlines all week.
Feeling the burn of inflation and not saving enough, some retirees are embracing side gigs and breaking the stigma that the end of their careers has to be the end of working altogether.
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