Dominari Monetary CEO Kyle Wool analyzes the most recent inflation information because the 2024 presidential election continues to warmth up on ‘Varney & Co.’
Shares maintain climbing, hitting a brand new spherical of information this week thanks to a different cool inflation report.
To not be outdone, gold is gaining by itself, hovering at all-time highs.
A looming port strike could carry an epic provide chain crunch, just like what occurred through the pandemic.
Helene’s vicious path rocks Florida.
The Division of Justice desires justice from Visa over excessive charges.
Sam Bankman-Fried’s former gal pal, Caroline Ellison, was sentenced for her position within the collapse of FTX.
Coke is goodnighting one in all its flavors, and one other retailer heads to the graveyard.
RECORD RUN: One other week, one other report for U.S. shares that capped the third straight week of beneficial properties, with the Dow Jones Industrial Common and S&P 500 main the cost…extra on the markets. Driving the motion is extra favorable inflation information, which simply occurs to be a favourite of the Federal Reserve’s…proceed studying right here.
VIDEO: Making the case for small cap shares.
GOLD’S GAIN: The yellow metallic continues to defy the chances, hitting one other all-time excessive…proceed studying right here. The largest ETF backed by bodily gold is up practically 30% this yr…SPDR GOLD shares value right here.
VIDEO: A take a look at gold’s run and why it nonetheless has legs.
PORT PAIN: A looming strike might affect three dozen ports from Texas to Maine and make meals and important medicines arduous to return by…proceed studying right here. President Biden has the authority to intervene nevertheless it’s unlikely he’ll…proceed studying right here.
VIDEO: Why a U.S. port strike may very well be catastrophic.
DEVASTATION: Tropical Storm Helene pummeled Florida with fatalities and devastation. The restoration could also be an extended one…FOX Climate’s storm tracker.
DOJ VS. VISA: The Division of Justice alleges Visa has been behaving badly in the case of the charges it prices…proceed studying right here. Shares of the bank card large misplaced about 3% this week. Visa inventory value right here.
JAIL TIME: Caroline Ellison, the previous girlfriend of Sam Bankman-Fried, was sentenced to jail this week and ordered to return $7 billion for her position within the collapse of crypto buying and selling agency FTX, thought of the most important fraud in U.S. historical past…proceed studying right here.
VIDEO FLASHBACK: SBF was sentenced practically a yr in the past to 25 years.
BYE-BYE: Coke is phasing out one in all its hottest flavors…proceed studying right here.
RETAIL RIP: Salt Life, which caters to the browsing group, is closing shops nationwide…proceed studying right here. The checklist of failed retailers is an extended one. This is a take a look at good names gone unhealthy…proceed studying right here.
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