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Australian inflation beats estimates in April
Australian inflation beats estimates in April
May 28, 2025
Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
US dollar tries to recover from five-week trough
US dollar tries to recover from five-week trough
May 27, 2025
The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...
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Sector Update: Tech
Sector Update: Tech
Jul 28, 2025
03:29 PM EDT, 07/28/2025 (MT Newswires) -- Tech stocks rose late Monday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.7% and the SPDR S&P Semiconductor ETF (XSD) gaining 1.6%. The Philadelphia Semiconductor Index added 1.6%. In sector news, Microsoft ( MSFT ) is facing a lawsuit filed by Rosneft-backed Nayara Energy for allegedly suspending critical services to...
Sector Update: Energy
Sector Update: Energy
Jul 28, 2025
03:25 PM EDT, 07/28/2025 (MT Newswires) -- Energy stocks were higher late Monday afternoon, with the NYSE Energy Sector Index up 0.8% and the Energy Select Sector SPDR Fund (XLE) adding 0.9%. The Philadelphia Oil Service Sector index climbed 1.7%, while the Dow Jones US Utilities index was shedding 1.1%. Front-month West Texas Intermediate crude oil rose 2.7% to $66.89...
Sector Update: Consumer Stocks Mixed Late Afternoon
Sector Update: Consumer Stocks Mixed Late Afternoon
Jul 28, 2025
03:42 PM EDT, 07/28/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 1.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) increasing 0.6%. In corporate news, Warner Bros. Discovery ( WBD ) said its streaming and studio-focused company will be named Warner Bros., while the broadcast unit...
Sector Update: Health Care
Sector Update: Health Care
Jul 28, 2025
03:32 PM EDT, 07/28/2025 (MT Newswires) -- Health care stocks declined late Monday afternoon with the NYSE Health Care Index decreasing 1% and the Health Care Select Sector SPDR Fund (XLV) down 0.8%. The iShares Biotechnology ETF (IBB) slipped 0.8%. In corporate news, Renovaro ( RENB ) shares rose 1.5% after the company received notices of allowance from the US...
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Sensei Launches Sensei Cloud Apps to Bring Cloud Capabilities to Every Dental Practice
Sensei Launches Sensei Cloud Apps to Bring Cloud Capabilities to Every Dental Practice
May 19, 2026
New cloud platform connects daily planning, patient readiness, communication, and support—without replacing existing practice management systems ATLANTA, May 19, 2026 /PRNewswire/ -- Today, Sensei announced the launch of Sensei Cloud Apps, a new cloud‑based platform designed to help dental practices start each day prepared, stay connected to patients, and operate more efficiently regardless of whether they use an on‑premise practice...
Sony Electronics Unveils 1000X THE COLLEXION, Where Iconic Sound Meets Refined Design
Sony Electronics Unveils 1000X THE COLLEXION, Where Iconic Sound Meets Refined Design
May 19, 2026
Celebrating a decade of 1000X series innovation 1000X THE COLLEXION – refined design crafted with premium materials, delivering exceptional comfort for longer listeningTuned to bring artists' and creators' intent closer to the listener, delivering a spacious soundstage with precise separationIntroducing Sandstone, a new warm, natural color to acclaimed WH-1000XM6 rangeNew launches celebrate 10 years of Sony's legendary 1000X seriesSAN DIEGO,...
Centerbase Selects AvidXchange as the Exclusive Partner to Power Embedded Payments
Centerbase Selects AvidXchange as the Exclusive Partner to Power Embedded Payments
May 19, 2026
CHARLOTTE, N.C., May 19, 2026 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, today announced that it has been selected by Centerbase, a leading provider of legal practice management software, as the exclusive partner to power embedded payments through its Accounts Payable as a Service solution....
Optoma Expands ProScene Series 4K UHD+ WQUXGA Laser Projectors With the ZK1000
Optoma Expands ProScene Series 4K UHD+ WQUXGA Laser Projectors With the ZK1000
May 19, 2026
FREMONT, Calif., May 19, 2026 /PRNewswire/ -- Optoma Technology, a leader in cutting-edge visual display solutions, is excited to announce the new ZK1000 4K UHD+ WQUXGA interchangeable lens laser projector, adding to its line of high brightness ProScene Series, Optoma's ZK1120 and ZK1320 awarded InfoComm 2025 Best of Show, by ProjectorCentral, Sound & Video Contractor and AV Technology. Optoma's ProScene...
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Nissan Motor to invest auto tech firm ChargeScape
Nissan Motor to invest auto tech firm ChargeScape
Oct 7, 2024
Oct 7 (Reuters) - Japan's Nissan Motor ( NSANF ) will invest an undisclosed amount in a joint venture that connects electric utilities, automakers and electric vehicle drivers using software, it said on Monday. The automaker said it will pick up a 25% stake in ChargeScape, a JV that is presently equally owned by BMW , Ford and Honda (...
NextPlat's E-Commerce Agreement with OPKO Health Extended in China, Expanded Into Japan
NextPlat's E-Commerce Agreement with OPKO Health Extended in China, Expanded Into Japan
Oct 7, 2024
08:37 AM EDT, 10/07/2024 (MT Newswires) -- NextPlat ( NXPL ) said Monday that its one-year exclusive distribution agreement to sell OPKO Health ( OPK ) Europe products online in China has been extended for four years. NextPlat ( NXPL ) said the e-commerce development program has also expanded exclusive rights to sell and market OPKO products to consumers in...
Core Scientific Reports Lower Bitcoin Sales, Production in September
Core Scientific Reports Lower Bitcoin Sales, Production in September
Oct 7, 2024
08:39 AM EDT, 10/07/2024 (MT Newswires) -- Core Scientific ( CORZ ) said Monday it sold 370 bitcoins in September for proceeds of about $22.2 million, down from 375 bitcoins sold for about $22.5 million in August. The company said it earned 345 bitcoins from its owned fleet of miners in September, down from 358 in the previous month. Price:...
Virios Therapeutics Enters Into Definitive Merger Agreement With Wex Pharmaceuticals
Virios Therapeutics Enters Into Definitive Merger Agreement With Wex Pharmaceuticals
Oct 7, 2024
08:39 AM EDT, 10/07/2024 (MT Newswires) -- Virios Therapeutics ( VIRI ) said Monday it has entered into a definitive share exchange agreement to merge with Wex Pharmaceuticals, another subsidiary of CK Life Sciences International, in an all-stock transaction. Virios is a wholly owned subsidiary of CK Life Sciences International, and its indirect parent is Sealbond Ltd., the sole stockholder...
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