Finance

Bitcoin Goes Slack as US Strike on Venezuela Sparks Turmoil Ahead of Fed Meeting

Bitcoin Goes Slack as US Strike on Venezuela Sparks Turmoil Ahead of Fed Meeting

There’s geopolitical turmoil brewing in Venezuela as investors wait to see how Bitcoin will react to tomorrow’s Federal Open Markets Committee interest rate decision. Trouble has been brewing betw...

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Jobs Are Weak And Prices Are High, But Consumers Kept Spending in August

Jobs Are Weak And Prices Are High, But Consumers Kept Spending in August

U.S. retail sales grew at a steady pace of 0.6% in August, surprising economists. U.S. retail sales grew by 0.6% in August, coming in better than economists expected given the labor market...

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S&P 500, Nasdaq trade near records as retail sales show US consumer resilience

S&P 500, Nasdaq trade near records as retail sales show US consumer resilience

Americans just keep spending. Retail sales in August rose 0.6% from the prior month, more than the 0.2% expected and the latest sign that US consumers continue to be resilient in the face of a lab...

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US manufacturing output unexpectedly rises on rebound in motor vehicle production

US manufacturing output unexpectedly rises on rebound in motor vehicle production

WASHINGTON (Reuters) -U.S. factory production unexpectedly increased in August amid a rebound in the output of motor vehicles and some nondurable goods, though tariffs continued to cast a shadow o...

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Oracle stock jumps as US and China agree to preliminary TikTok deal

Oracle stock jumps as US and China agree to preliminary TikTok deal

Oracle (ORCL) stock rose nearly 4% on Tuesday as the US and China reached a preliminary TikTok deal during trade talks in Madrid. Treasury Secretary Scott Bessent said at a press conference Monday...

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