Good news Avelo travelers: the airline has extended its flight schedule through the 2024 holiday season. The bad news? A handful of domestic markets will soon be axed. Avelo flight updates While some hubs will have increased offerings through the end of the year, others are saying farewell to Avelo. Later this year, Avelo will […]
(Bloomberg) — European equity futures rose, tracking a record S&P 500 close, on optimism about US interest-rate cuts after Federal Reserve Chair Jerome Powell said inflation is getting back on a downward path. Most Read from Bloomberg The MSCI AC Asia Pacific Index headed for its longest stretch of gains since May. Japanese equities climbed, […]
(Bloomberg) — European stocks declined after policy makers signaled they need more evidence that price pressures are easing before considering another interest rate cut. Most Read from Bloomberg The Stoxx Europe 600 benchmark dropped about 0.5%, led by insurers and car makers. France’s CAC 40 erased most of Monday’s gains as the country prepares for […]
The lock-in effect that has kept U.S. housing market activity subdued probably isn’t going away this year or next year or even the year after that. It could hang over prospective buyers and sellers of existing homes for six to eight years before finally going away, Bank of America warned in a note on Monday, locking […]
(Bloomberg) — The euro strengthened and European stock futures gained as traders digested signs that Marine Le Pen’s far-right party was poised to win the first round of France’s legislative election with a smaller margin than some polls had indicated. Most Read from Bloomberg The common currency climbed 0.4% to $1.076 at 7:39 a.m. in […]
(Bloomberg) — The euro climbed on signs Marine Le Pen’s far-right party was poised to claim victory in the first round of France’s legislative elections less comfortably than some polls projected. Most Read from Bloomberg Initial election results showed Le Pen’s National Rally in front of President Emmanuel Macron’s centrist alliance, though possibly without the […]
Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. A new report ranking the top job markets in the nation is not especially favorable to the City Beautiful — or the Sunshine State, overall, for that matter. ▶ WATCH CHANNEL 9 EYEWITNESS NEWS The […]
Wall Street Falters Despite Drops In Fed’s Favorite Inflation Rate; Energy Stocks, Yields Rise On Trump’s Debate Performance: What’s Driving Markets Friday? Wall Street experienced a lackluster session during midday trading in New York, with major indices inching slightly lower despite the arrival of positive inflation data. In May 2024, the Personal Consumption Expenditure (PCE) […]
(Bloomberg) — US equity futures rose as investors’ focus turned from the presidential debate to upcoming price data that may solidify the case for lower interest rates. Most Read from Bloomberg Contracts on the S&P 500 and Nasdaq 100 advanced, suggesting this week’s rally on Wall Street is set to continue. Both indexes are on […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The major indexes may have only chalked small gains Wednesday, but while the generals were sleeping, the soldiers were on the march. At the vanguard, moderate losses in large-cap energy and financials were […]
(Bloomberg) — US equity-index futures slipped after Micron Technology Inc.’s disappointing sales outlook highlighted the risks of relying on artificial intelligence chip makers to fuel the stock rally. Most Read from Bloomberg Also on investors’ radar Thursday is a raft of US economic data that will help set the path for Federal Reserve policy, after […]
(Bloomberg) — European equities gained after a euro-area policy maker hinted that two more interest rate cuts may be in store this year. Most Read from Bloomberg The Stoxx Europe 600 index advanced about 0.5%, led by the tech sector after a rebound in Nvidia Corp. shares helped boost the S&P 500 on Tuesday. Basic […]