Prior was -0.1% (revised to -0.3%) Unit labour costs +1.4% q/q, fourth consecutive gain (+3.2% y/y) Goods led the decline (-1.7%); ag/forestry cratered -8.6%, construction -2.3% Statistics Canada says business sector labour productivity fell 0.5% in Q1, the second straight...
May ISM Manufacturing PMI rose to 54.0, signaling GDP growth of 2.2% and broad sector expansion driven by industrial output. US manufacturing activity accelerated in May, with the ISM Manufacturing PMI climbing 1.3 points to 54.0, its highest level since May 2022. The inde
As the travel and gambling markets evolve, choosing between MGM Resorts International (NYSE:MGM) and Caesars Entertainment (NASDAQ:CZR) requires a close look at their differing strategies, financial health, and global footprints. MGM focuses on high-end luxury destinations
Bankless co-founder David Hoffman said on X that after selling ETH, he immediately allocated about 50% of the capital to VVV, NEAR, ZEC and HYPE, while keeping the rest to DCA into assets that had not already risen multiple times. He said he has now used the remaining 50%
Regional carriers add capacity while global airlines extend cancellations to key Middle East hubs through late 2024. Airlines are slowly resuming flights to the Middle East as regional carriers recover from war-related disruptions, though broader traffic remains affected.
Morgan Stanley upgraded Yum! Brands (YUM) on Wednesday on its view that the restaurant stock does not seem to get full credit for potentially improved growth going forward The restaurant stock was boosted to an Overweight rating from Equal-weight. Analyst
The Trump Administration would like to end the sanction waivers allowing sales of Russian oil as soon as possible, although the decision rests with the U.S. Department of the Treasury, Secretary of State Marco Rubio said in a testimony before the Senate Foreign Policy Comm
Bitcoin (BTC) overnight fell all the way back to $65,300, but has since bounced back to the $67,000 area shortly before the open of U.S. stocks. A check of the charts shows this is the third time bitcoin has dropped to the mid-$60,000 range since its panicky February 6 bot
NRx Pharmaceuticals (NRXP) on Wednesday announced the pricing of an underwritten public offering of 5.71M shares of its common stock, par value $0.001 per share at a public offering price of $3.50 per share of common stock. The company has Newsletters for Every Investor Ge
Quick Read - ARCC and AGNC generate ordinary-income dividends that cost a couple in the 24% bracket $19,200 annually when held outside a Roth. - That $19,200 annual tax drag accumulates to $192,000 over 10 years, with reinvested distributions compounding the Roth advantage even...</strong