by Bloomberg.com | Nov 12, 2024 | AlphaTack Intel
Online grocery prices declined in October from a year earlier, the first such drop since the arrival of Covid more than four years ago. Food costs fell 0.1% from the same period of 2023, according to data from Adobe that’s based on about 1 trillion visits to retail...
by Bloomberg.com | Nov 11, 2024 | AlphaTack Intel
Stocks grab all the headlines, but bond and currency markets show where trouble might be brewing. Hedge fund manager Scott Bessent, reported to be in line for a top job in the Trump administration such as Treasury secretary or Federal Reserve chair, wrote in a Wall...
by Bloomberg.com | Nov 11, 2024 | AlphaTack Intel
The world’s largest gold-backed exchange traded fund recorded it biggest weekly outflow in more than two years last week as Donald Trump’s decisive election win prompted traders to book profits. SPDR Gold Shares (GLD) saw an outflow of over $1 billion, the largest...
by Bloomberg.com | Nov 11, 2024 | AlphaTack Intel
Company acquired drug as part of $8.7 billion Cerevel purchase Bristol jumps most in 18 years after competitor’s setback AbbVie Inc. shares fell the most in more than four years after two mid-stage trials of its drug to treat schizophrenia failed to meet their primary...
by Bloomberg.com | Nov 11, 2024 | AlphaTack Intel
The labor market is already cooling and the next president’s promises to slash spending and end green subsidies may add to the headwinds. Donald Trump will inherit, to all appearances, a solid economy when he assumes the presidency in January. After all, the stock...
by Bloomberg.com | Nov 10, 2024 | AlphaTack Intel
Watching policy steps on tax, deregulation and crypto Sees opportunities in luxury, energy, healthcare in Mideast The first two years under Donald Trump’s second term could be “quite impactful” if policy changes are made on tax, deregulation and crypto, according...