Can a classy new ad campaign change BetMGM’s fortunes? BetMGM, the online betting division of MGM Resorts (NYSE:MGM), has debuted…
Continue ReadingFOMC’s Waller Says “Let’s Get on With It” About Rate Cuts
Federal Reserve Board Governor Christopher Waller left no doubt where he stands on interest rate cuts, at least right now.…
Continue ReadingPCE Inflation Holds Steady But Will That Move the Needle for Fed?
The Federal Reserve’s preferred gauge for inflation, the personal consumption expenditures (PCE) price index, held steady in July, in line…
Continue ReadingPCE Measure of Shelter Declined to 4.0% YoY in July
Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report…
Continue ReadingPersonal Income Increased 0.4% in July; Spending Increased 0.5%
From the BEA: Personal Income and Outlays, July 2025 Personal income increased $112.3 billion (0.4 percent at a monthly rate)…
Continue ReadingThe Compound and Friends: The Bull Market in Electricity
Advertisement A double advantage in fixed income Vanguard institutional quality bond funds offer a track record of long-term outperformance at…
Continue ReadingBullish Exchange Makes Wall Street History With $1.15B Stablecoin IPO
Yet another use for stablecoins. Bullish (NYSE: BLSH), a global digital asset platform, has rewritten financial history by raising $1.15…
Continue ReadingFriday: July Personal Income and Outlays
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, Personal Income…
Continue ReadingWhere Does Ethereum Go After All-Time High of $4,943?
Ethereum (ETH) tumbled at the start of the week after briefly touching a new milestone over the weekend. On Monday,…
Continue ReadingWynn Resorts Stock is on the Move: Here’s Why
Wynn Resorts stock has been on the move, rising nearly 2% Thursday and surging about 13% over the past five…
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