Goodrx Holdings Inc (NASDAQ: GDRX) ended nearly 20% up on Thursday after a Citi analyst issued a bullish note on the California-based telemedicine company. Goodrx stock has upside to $7.0…
The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 49.0 percent in November, the first reading below neutral and lowest level since May 2020. The survey suggests the…
Designer Brands Inc (NYSE: DBI) is down nearly 25% this morning after the shoes and fashion accessories company reported a disappointing third quarter and lowered its guidance for the future.…
The European Central Bank is painting a very pessimistic outlook for Bitcoin (BTC/USD), noting that the flagship cryptocurrency is now at its “last stand” and could be on its way…
S&P 500, on Thursday, is holding on to its gains from last night after the Bureau of Economic Analysis said the core personal consumption expenditures price index eased to 5.0%…
Investing
European Central Bank is in a critical phase in the inflation fight with possible rate hikes
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The European Central Bank is set to embark on a critical chapter in its inflation fight, likely to usher in more divisive monetary policy moves. Interest rate hikes to be…
One of my favorite teaching lessons in economics is the division of labor. It’s one of those ideas that reminds me of my late father’s dual roles, that of both…
Investing
UK financial sector has given new targets to address diversity in executive positions
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According to a task force supported by the government, the financial services industry in the UK should do more to reach the ‘class’ limit, with new goals calling for 50% of senior executives…
In 2016, I described what Congress could have done with the then-astronomical $1.5 billion Powerball winnings. With the recent $2.04 billion Powerball prize, it’s time for an update. What could…
Initial claims for regular state unemployment insurance fell by 16,000 for the week ending November 26th, coming in at 225,000. The previous week’s 241,000 was revised up from the initial…