Weekly jobless claims nudged higher while the U.S. trade deficit hit its lowest level of the year in May as Covid-related shutdowns gripped China, according to economic data released Thursday.
Fed officials Waller and Bullard back another big interest rate increase in July
The Federal Reserve is well on its way to another sharp interest rate hike in July and perhaps September as well, even if it slows the economy, according to statements Thursday from two policymakers.
GameStop shares are about to get much cheaper
GameStop shares will soon lose three quarters of their value. But don’t worry: It’s good news for stockholders.