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U.S. Stocks Soar, but Treasuries Plunge to “Trump’s Bond Bottom” — What’s Behind the Disconnect?
TradingKey - As the S&P 500 recovers all losses caused by Trump’s new tariff announcements and the Nasdaq enters bull territory, U.S. bonds — also dollar-denominated assets — have notably lagged behind. Of particular concern is that the yield on the 10-year Treasury note has recently surged above...TradingKey
Thu, May 15
Economic Indicator
US Retail Sales rise by 0.1% in April vs. 0% expected
Retail Sales in the United States (US) rose by 0.1% in April to $724.1 billion, the US Census Bureau announced on Thursday. This reading followed the 1.5% increase (revised from 1.4%) recorded in March and came in slightly better than the market expectation for a no change.Fxstreet
Thu, May 15
Economic Indicator
Fed's Powell: Strategy around both jobs and inflation needs to be reconsidered
Fed kicks off two-day framework reviewPowell says world has changed since 2020, framework must adaptPowell: Supply shocks may be more frequent in the futureBy Howard SchneiderWASHINGTON, May 15 (Reuters) - U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs ...Reuters
Thu, May 15
Economic Indicator
US retail sales barely rise in April
WASHINGTON, May 14 (Reuters) - U.S. retail sales growth slowed in April as the boost from households front-loading motor vehicle purchases ahead of tariffs faded and households pulled back on other spending against the backdrop of an uncertain economic outlook. Retail sales edged up 0.1% last mo...Reuters
Thu, May 15
Economic Indicator
US: Initial Jobless Claims matched consensus at 229K last week
US citizens filing new applications for unemployment insurance held steady at 229K for the week ending May 10, as reported by the US Department of Labor (DOL) on Thursday. This print matched initial estimates and the previous week's revised tally of 229K (revised from 228K).Fxstreet
Thu, May 15
Economic Indicator
US annual PPI inflation softens to 2.4% in April vs. 2.5% expected
The Producer Price Index (PPI) for final demand in the US rose 2.4% on a yearly basis in April, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed the 2.7% increase recorded in March and came in below the market expectation of 2.5%.Fxstreet
Thu, May 15
Stocks
3 Facts Investors Should Know About Warren Buffett's Successor, Greg Abel
It's perhaps one of the greatest examples of "big shoes to fill" in the history of American business. Current Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) Vice Chairman Greg Abel was officially announced as Warren Buffett's replacement as CEO of the company. This monumental change at the top of the...The Motley Fool
Thu, May 15
Other
Olympics-LA28 names official air-taxi provider in Games first
By Rory Carroll LOS ANGELES, May 15 (Reuters) - Los Angeles Olympic organizers have selected Archer Aviation ACHR.N to be the official air-taxi service for the 2028 Games, saying the unprecedented partnership is part of its mission to re-imagine the world's biggest sporting event for the futu...Reuters
Thu, May 15
