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Prediction markets tilt toward cooler inflation data before key CPI release
14+ min ago (120+ words) Founded in 2004, Seeking Alpha is an industry-leading financial research platform powered by one of the world's largest investing communities. We bridge the gap between financial information and actionable insight by providing unrivaled coverage on all asset classes and access to…...
Asia FX Talk - All eyes on US CPI
17+ min ago (149+ words) Focus now shifts squarely to the US CPI release later today, which is likely to be the next key catalyst for rates and FX markets. G3:US CPI, eurozone GDP Asia: GDP data from Malaysia and Taiwan In India, CPI inflation…...
Florida candy maker: Soaring Valentine's Day chocolate prices traced to one reason
21+ min ago (500+ words) George Denys buys a box of chocolates for his wife as a Valentine's Day gift every year. On Thursday, Feb. 12, he continued that tradition, even though chocolate prices have gone through the roof. "It's more expensive than when I first…...
US stocks drop as investors hunt for potential losers from AI
21+ min ago (754+ words) The S&P 500 fell 1.1% after erasing an early gain that brought it near its all-time high. The Dow Jones Industrial Average was down 472 points, or 0.9%, as of 2:20 p.m. Eastern time, and the Nasdaq composite was 1.7% lower. AppLovin tumbled 18.3% despite reporting a…...
US Market Sell-Off: Real estate stocks tumble as AI disruption fears grow
36+ min ago (400+ words) US Market Sell-Off: Real estate stocks tumble as AI disruption fears grow'CNBC TV18 US-listed real estate stocks came under sharp pressure for a second straight session, as investor concerns around artificial intelligence-driven disruption spread to the commercial property space.Shares of…...
Forex Today: US Dollar holds ground ahead of US CPI, AI fears weigh on stocks
1+ hour, 11+ min ago (504+ words) On the labor market side, the number of US citizens submitting new applications for unemployment benefits fell to 227K for the week ending February 7. This latest figure exceeded the estimate of 222K, but it was lower than the revised total of 232K from…...
How Some Countries Give Workers a Slice of Corporate Wealth
1+ hour, 12+ min ago (612+ words) Corporate profits are hitting record highs, while real wages for most workers barely budge. Headlines scream about inequality, yet debates often circle around the same old solutions: higher taxes, wealth caps, or social transfers. Meanwhile, in a handful of countries,…...
CPI Revamp: Inflation at 2.75% in January
1+ hour, 15+ min ago (130+ words) India's retail inflation reached 2.75% in January, marking the first reading under a new Consumer Price Index series. This figure returns inflation to the Reserve Bank of India's target band. The new series reflects updated consumption patterns. Higher food prices contributed…...
Job growth beats forecast. Is the economy rebounding?
1+ hour, 26+ min ago (76+ words) Job growth beats forecast. Is the economy rebounding?KDNL Job growth beats forecast. Is the economy rebounding? by The National News Desk WASHINGTON (TNND) " Start your morning with The National News Desk as Jan Jeffcoat sits down with Executive Vice…...
Stock Market Today, Feb. 12: AI Fears Slam Markets as Nasdaq Drops 2%
1+ hour, 39+ min ago (384+ words) Markets traded lower today as AI-related selling took its toll. The S&P 500 (SNPINDEX:^GSPC) fell 1.57% to 6,832.76, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.03% to 22,597.15, and the Dow Jones Industrial Average (DJINDICES:^DJI) lost 1.34% to 49,451.98. Several high-profile tech names collapsed today on…...