Don’t get too excited about the latest inflation report
Stock prices performed strongly on Tuesday after the latest U.S. wholesale inflation report was released. Still, investors should be cautious, according to Evercore ISI. The Wall Street research firm warned Tuesday that monthly producer price index readings have little correlation…
Tax breaks for Amazon data center approved by St. Joseph County commissioners
Expressing their passionate support for the project, St. Joseph County Commissioners on Tuesday unanimously approved a 50 percent property tax abatement for Amazon’s $11 billion data center near New Carlisle. The ten-year tax break includes Amazon’s commitment to contribute to…
Stocks, news, data and earnings
European stocks closed higher last Friday as investors digested economic data from the region, including a preliminary second-quarter GDP reading for the UK, July inflation rates in France, Spain and Italy, and eurozone industrial production for June. Bloomberg via Getty…
Real estate record set by home sale in Rye on Wallis Road for $3.7 million
RYE – The sale of a Rye home, complete with heated pool and multi-purpose sports court, for $3.69 million topped the coastal single-family home sales list in July. The four-bedroom, four-bathroom home at 229 Wallis Road was the most expensive…
The S&P 500 has seen big swings this week. This is how stocks typically trade in August
U.S. stock markets had their worst day since September 2022 this week, but for some investors, such developments may come as no surprise. That’s because the S&P 500 often experiences its most volatile day of the year in August, a…
How is the stock market doing? What a better day means for the economy as a whole
When global markets fall into the red, as they did on Monday, investors are shaken and 401(k) plans suffer. Should that worry us about the direction of the economy? Several other numbers suggest otherwise. After three days of losses, including…
