The Morning Financial Newsletter That's Ruffling Feathers.
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2/20/2024 Home Depot's strong fourth quarter overshadowed by weakening sales and expectations for 2024
Home Depot’s sales continued to weaken in its fiscal fourth quarter, as the country’s largest home improvement retailer deals with Americans who remain concerned about high mortgage rates and inflation
2/19/2024 Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the currency to an all-time low against the dollar. The situation has provoked anger and protests across the country.The latest govern...
2/16/2024 Stock market today: Wall Street falls to a rare losing week but remains close to its record
Stocks slipped Friday to send Wall Street to a rare losing week, just its second in the last 16.The S&P 500 fell 0.5% from its all-time high set a day earlier. The Dow Jones Industrial Average dropped 145 points, or 0.4%, and the Nasdaq composite sank 0.8%.A report in the morning on inflation at...