15 min read
Business

Investor Sentiment Skyrockets as AMC Shares Enter Longest Winning Streak Since December

In a positive turn of events for AMC Entertainment, the company’s shares have reached their longest winning streak since December. With exceptional momentum in the stock market, this serves as a significant boost to the entertainment giant.

3 min read
Business

December Sees Significant Surge in Pending Home Sales, Climbing 8.3%

The housing market in the United States showed signs of vibrancy as pending home sales surged by 8.3% in December 2021. This significant increase indicates a strong buyer demand and reflects the resiliency of the real estate sector amidst ongoing economic challenges.

3 min read
Business

Electric Vehicle Downturn Drives Europe’s Car Sales to Historic Lows in December

*Despite a surge in overall global car sales during the final month of 2022, European carmakers experienced a significant decline in December, primarily driven by a noticeable slump in electric vehicle (EV) sales.*

3 min read
Business

December Retail Sales Surpass Expectations, Reflecting Strong Holiday Shopping Season

The retail industry experienced an unexpected surge in sales during the key holiday season in December. According to recent reports, the sales growth surpassed initial expectations, showing a promising upturn for the sector at the end of a challenging year.

3 min read
Business

The Untold Story: Biden Administration Conceals Troubling Statistics in December Jobs Report

The December jobs report, released by the Bureau of Labor Statistics (BLS), painted a seemingly rosy picture of the U.S. economy. However, upon closer examination, there are several alarming details that the Biden administration seems reluctant to share. Here are five ugly details that highlight the true state of the job market:

3 min read
Business

Wholesome Relief: Wholesale Prices Unpredictably Drop by 0.1% in December, Marking Positive Inflation Turns

Wholesale prices unexpectedly dipped by 0.1% in December, signaling a positive trend in inflation. The surprise decrease in prices comes as a relief to consumers who have been grappling with rising costs in recent months.

2 min read
Business

December Inflation Report Fails to Boost U.S. Treasury Yields, Confounding Analysts

Despite the release of a higher-than-expected December inflation report, U.S. Treasury yields experienced a significant decline, leaving investors puzzled about the market’s reaction.