Next Week News

Oracle's winning bid for TikTok could help its cloud business while Microsoft's loss should be a relief for shareholders

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A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed in the month of September. The Commerce Department said the trade deficit narrowed to $63.9 billion in September from a revised $67.0 billion in August.

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Fist-time claims for U.S. unemployment benefits unexpectedly increased in the week ended November 21st, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims climbed to 778,000, an increase of 30,000 from the previous week's revised level of 748,000.

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Oil prices have jumped 20% in the past month alone--after a historic plunge this spring.

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Eurozone's economic activity likely declined sharply in the fourth quarter, but less severely than in the second quarter, due to the resurgence in the coronavirus infections that hurt the services sector considerably as some big countries were forced to impose partial lockdown, European Central Bank President Christine Lagarde said Thursday.

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As 2020 draws to a close the fact that just three stocks had an outsized contribution to the S&P 500 performance is a concern to some veteran analysts. The Viper Report’s Tom Aspray takes a technical look at IWM, SPY, and these three key stocks.

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The minutes of the Federal Reserve's latest monetary policy meeting showed there was some discussion about weighting the central bank's purchases of Treasury securities toward longer maturities.

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The International Monetary Fund projected France's economic growth at 5.5 percent for this year, after an estimated 9.0 percent slump in 2020, a year ravaged by the coronavirus pandemic.

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Global economy is set to expand at a faster rate this year than expected earlier as vaccination against the coronavirus could strengthen activity later this year, underpinned by further policy support, the International Monetary Fund said Tuesday.

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With gasoline prices continuing to spike, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with economist estimates in the month of January.

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