by CNN | Feb 22, 2024 | AlphaTack Intel
Mortgage rates climbed for the third week in a row, inching closer to 7%. The 30-year fixed-rate mortgage averaged 6.90% in the week ending February 22, up from 6.77% the previous week, according to data from Freddie Mac released Thursday. A year ago, the average...
by CNN | Feb 8, 2024 | AlphaTack Intel
Hong KongCNN — China’s consumer prices slid deeper into deflationary territory last month, suffering their biggest drop since the global recession in 2009 and underscoring the huge challenges facing the economy. The country’s Consumer Price Index (CPI) dropped by...
by CNN | Jan 23, 2024 | AlphaTack Intel
Hong KongCNN — Chinese shares haven’t just had a bad start to 2024. It’s been rough going since February 2021, when they hit their most recent peak. Over the past three years, about $6 trillion — equivalent to roughly twice Britain’s annual economic output — has been...
by CNN | Dec 13, 2023 | AlphaTack Intel
US markets soared higher on Wednesday afternoon following the Federal Reserve’s final policy decision of the year. The Dow rose 1.4%, closing at 37,090.24 and blazing past its previous record high of 36,799.65, reached nearly two years ago. The S&P 500 was up 1.4%...
by CNN | Nov 16, 2023 | AlphaTack Intel
New YorkCNN — Lower grocery prices may soon be coming for shoppers. Walmart CEO Doug McMillon said Thursday that the US food industry may be heading into a period of deflation after three years of punishing price hikes that have caused sticker shocker for shoppers at...
