- Prior month -0.6%
- Leading index for May -0.5% versus -0.3% estimate.
There have only been one positive reading since April 2022. The data will predict the recession one day.
There have only been one positive reading since April 2022. The data will predict the recession one day.
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Oracle stock plunges 46% from AI hype highs; valuation now reflects missed expectations, not just AI dreams.
Gold nears record high on soft CPI, fueling rate cut bets. Platinum rallies, silver hits new peaks. Traders eye dollar strength.
US troops get $1,776 tax-free bonus, a $2.9B housing allowance boost. Generals excluded. Checks en route.
S&P 500 up 15%, but consumer gloom persists. AI drives 2026 forecasts of 8-18% gains, yet concentration risk looms.
SEC targets Bitcoin mining as unregistered security; VBit founder accused of $48.5M fraud. DeFi faces regulatory scrutiny.
30-yr mortgage rates dip to 6.21%, near yearly lows. Housing market sentiment shifts as borrowing costs ease.
30-yr mortgage rates dip to 6.21%, 15-yr to 5.47%. Fed rate cuts & inflation data key for housing market.
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