The overriding message this market? “There’s a lot”. “A few weeks ago we thought there would a decent amount but, wow, there’s a lot”, one packaging agent told us. They continued: “After a busy EFM, once again it feels like a healthy…
Italy’s Best International Feature Oscar-nominated Io Capitano starts its U.S. run today in ten market on 21 screens, a bit wider than usual for Cohen Media Group but with Academy final voting just started, reviews are gold for the odyssey…
Four top U.S. banks report fourth-quarter earnings on Friday, and while all are expected to beat or match market forecasts, investors will be keenly watching their outlook statements for a glimpse of what’s expected for the year ahead.
The strong U.S. labor market finally appears to be simmering down after a long stretch of rapid hiring. Here's what to watch for in the November jobs report due Friday morning.
Speaking at the Brookings Institution Friday morning, Consumer Financial Protection Bureau director Rohit Chopra warned that, absent intervention, the U.S. payments system could evolve to resemble that of China, where commerce and payments…
U.S. and China sales will power record Q2 deliveries, but price cuts will continue to erode margins as Elon Musk extends focus on market share gains over profits.
Yesterday’s cooling US consumer inflation data in May provided further solid ground for Fed to bypass tightening at today’s rate announcement. Fed funds futures now suggest a 95.4% probability of Fed maintaining status quo, holding rates…
New data shows for the third time in four months, U.S. consumer confidence fell. Courtenay Brown, markets reporter for Axios, joined CBS News to evaluate how Americans are feeling about the economy, and previews the new GDP data set to be…
Charles Schwab Corp. (NYSE: SCHW), the biggest publicly listed broker in the U.S., will disclose its first-quarter financial results on Monday, April 17, before the opening of the U.S. market.
On Friday, April 14, four of the largest financial institutions in the U.S. with a combined market cap of more than $700 billion will announce their first-quarter results: JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co (NYSE: WFC),…
With market sentiment stabilizing, underlying inflation still elevated & systemic crisis risks now seemingly contained, we think Fed will continue hiking next week. Even if a broader crisis is averted, the tightening credit standards in…
KEY TAKEAWAYS: The US CPI report for January will be released at 8:30ET (13:30 GMT) on Tuesday. Traders and economists are projecting headline CPI to come in at 6.2% y/y, with the core (ex-food and -energy) reading expected at 5.4%. The US…
Netflix’s new cheaper, ad-supported plan may have given the streaming giant the subscriber-acquisition lift it was hoping for. Netflix reports fourth quarter 2022 earnings results after the market closes Thursday, and one of the key areas…
In general, inflation has been slowing over the last few months. On Thursday, markets will get a look at December’s CPI print. Expectations are that the headline print will continue to move lower to 6.5% YoY vs a November reading of 7.1%…