by Bloomberg.com | Apr 15, 2026 | AlphaTack Intel
War in the Middle East has given US companies a headache that extends well beyond dealing with higher energy costs, the Federal Reserve said. “The conflict in the Middle East was cited as a major source of uncertainty that complicated decision-making around hiring,...
by Bloomberg.com | Apr 15, 2026 | AlphaTack Intel
Treasury Secretary Scott Bessent said he was “optimistic” that the price of gasoline will abate over the crucial summer driving season, retreating back to $3 a gallon. “I’m optimistic that sometime between June 20 and September 20, that we can have $3 gas again,”...
by Bloomberg.com | Apr 15, 2026 | AlphaTack Intel
A three-fold surge in the shares of car rental company Avis Budget Group in just two weeks has punished short investors betting against the stock. But the bears are not giving up; if anything, they are doubling down. Short interest in the company as a percentage of...
by Bloomberg.com | Apr 14, 2026 | AlphaTack Intel
Singapore government bonds are extending their outperformance over US Treasuries to levels not seen since 2007, as a drop in local interbank borrowing costs points to a surge in haven demand. By tightening monetary policy this week, the Monetary Authority of...
by Bloomberg.com | Apr 14, 2026 | AlphaTack Intel
Wells Fargo & Co. fell short across its primary income streams in the first quarter, pushing shares down as the bank reworks its business mix in a bid to accelerate growth. Net interest income, the difference between what the company makes from lending and pays...
by Bloomberg.com | Apr 14, 2026 | AlphaTack Intel
China’s petrochemical producers, which supply textile and plastics factories, have cut operations to their lowest seasonal level in three years as rising feedstock costs and soft export demand squeezes margins. Several major makers of purified terephthalic acid —...