• August 29, 2024

The biggest challenge for Nvidia stock in one chart

Nvidia's ( NVDA ) growth metrics aren't impressing Wall Street like they used to. Nvidia reported earnings on Wednesday which showed the company's earnings and revenue grew more than 100% fro...

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• August 29, 2024

Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal

HOUSTON (Reuters) - Marathon Oil shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips, the company said. Marathon Oil and ConocoPhillips expe...

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• August 29, 2024

Upward Revision to Q2 GDP Aids the US Dollar’s Feeble Recovery

US GDP, US Dollar News and Analysis US Q2 GDP edges higher, Q3 forecasts reveal potential vulnerabilities Q3 growth likely to be more modest according to the Atlanta Fed ...

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• August 29, 2024

US second-quarter economic growth revised higher on consumer spending

WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the second quarter amid strong consumer spending, while corporate profits rebounded, which should help to sustain the ex...

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• August 29, 2024

US Economy Expands at Revised 3% Rate on Resilient Consumer

(Bloomberg) -- The US economy grew at a slightly stronger pace in the second quarter than initially reported, reflecting an upward revision to consumer spending that more than offset weaker activity...

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• August 29, 2024

US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initia...

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• August 29, 2024

Rigs Drilling 57 Miles a Year Spur Record US Oil Output Forecast

(Bloomberg) -- Oil rigs in the Permian and Bakken basins of the US are producing at the most efficient rates in about 13 years, leading Macquarie Group analysts to predict the country’s crude produc...

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• August 29, 2024

Recession forecasts have been wrong for years. Here's why a 'perfect indicator' doesn't exist.

It hasn't been a great time for folks in the business of predicting recessions. The Conference Board's Leading Economic Index signaled a recession in 2022. The highly regarded inverted yield...

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• August 29, 2024

Inflation down in six German states, pointing to national decline

By Maria Martinez BERLIN (Reuters) -Inflation fell in six important German states in August due to lower energy prices, preliminary data showed on Thursday, suggesting Germany's national inflatio...

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• August 29, 2024

EUR/USD and GBP/USD - Latest Sentiment Analysis and Positioning

EUR/USD Analysis Current Position: 30.60% of traders are net-long (buying) 69.40% of traders are net-short (selling) The ratio of short to long positions is 2.27...

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