US consumer sentiment rises in August; inflation expectations steady
The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 67.8 this month, compared to a final reading of 66.4 in July. The survey noted that for consumers surveyed, sentiment for Democrats jumped 6% in the wake of Vice President Kamala Harris replacing President Joe Biden as the Democratic nominee for president. The survey showed 41% of consumers viewed Harris as the better candidate for the economy, while 38% chose Republican nominee Donald Trump.
Brazil Economic Activity Tops All Forecasts, Backing Rate Hike Warning
(Bloomberg) -- Brazil’s economy grew much more than expected in June as central bankers warn that stronger demand and above-target inflation could force them to hike interest rates again. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitTh
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.
Why Intapp Stock Was Surging This Week
There's nothing like a double beat on quarterly earnings to attract the right kind of attention from investors.
Why NCR Voyix Stock Was Climbing This Week
The company is transforming into a leaner operation, and one pundit thinks that's a big step in the right direction.
H&R Block Stock Jumps on Earnings Beat, Dividend Raise
H&R Block shares are soaring Friday, a day after the tax-prep firm reported better-than-forecast fourth-quarter results, a dividend increase, and a $1.5 billion buyback program.
Why Investors Were Fired Up About Mercury Systems Stock This Week
Where estimates-beating companies go, price target-raising analysts follow.
Cisco, Nike upgrades among today's top calls on Wall Street
Cisco, Nike upgrades among today's top calls on Wall Street