This e-commerce stock is undergoing a textbook ‘bearish-to-bullish reversal,’ according to the charts

E-commerce, online marketplace company Etsy (ETSY) , a Covid darling that crashed back to earth, is judged to be in the early stages of bottoming out. By our work, it…

PCE inflation November 2024:

Prices barely moved in November but still held higher than the Federal Reserve’s target when looked at from a year ago, according to a Commerce Department measure released Friday. The…

Bitcoin falls 9%, dropping below $93,000 as sell-off intensifies

Omer Taha Cetin | Anadolu | Getty Images Bitcoin fell sharply on Friday amid broader investor caution toward risk assets. Bitcoin traded at around $92,808.07 at 6:57 a.m. ET on…

Novo Nordisk shares plunge 22% after CagriSema obesity drug trial results

Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters Shares of Danish pharmaceutical giant Novo Nordisk plummeted more than 24% on…

Asia markets live: China LPR, Japan CPI

The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment…

Stock market today: Live updates

Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE U.S. stock futures were slightly higher on Thursday evening as traders anticipate the latest reading of the…

Despite Fed’s hawkish signal, analysts see support for gold in 2025

Close up stack of gold bars. Vector Photo Gallery | Istock | Getty Images The U.S. Federal Reserve jolted markets with an unexpectedly hawkish set of projections for the path…

Fed rate cuts, BOJ rate decision

Japan ,Tokyo City skyline, Tokyo Tower.  Prisma By Dukas | Universal Images Group | Getty Images Asia-Pacific stocks and currencies fell Thursday, amid a broader market sell-off after the U.S.…

Powell says central bank to be ‘cautious’ on rate cuts

Consumers are feeling the effects of higher prices, not higher inflation, Powell says Powell thinks that consumers are feeling the effect of high prices, rather than of high inflation. “We…

The Fed’s dot plot shows only two rate cuts in 2025, fewer than previously projected

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., November 7,…