The key for underlying inflation will be what happens to owners' equivalent rent (OER) and rent of primary residence, the two comprising more than 40% of core CPI inflation.
Senior editor, Ash Bennington, hosts managing editor, Ed Harrison, to analyze the economic news of the day. Ed and Ash examine the recent jobs figures, and Ed…
A strong quarter from Cloud which helped the company's revenues beat expectations, was enough to push long-suffering IBM stock some 5% higher after hours,
Kanye wishes to “save the country”, says that “shooting guns is fun” and without that right the US could be “enslaved” by China or other countries, is looking to move away from industrialisation and believes that marijuana should not just be legal, but free.
Yes, this is not law yet – but against the current political backdrop in DC such a bill is likely to sail through Congress. If so, it would no doubt be taken as a staggering affront by Beijing.
The data highlight this week will be the flash PMIs for July on Friday according to DB's Jim Reid, and initial jobless claims on Thuesday while earnings season picks up a bit more, with 88 releases from S&P 500 companies
“Big customer orders like this usually mark the highs – never forget it,” he said. I left his office angry, irate, sold my whole position. And he was right.