Mexico's inflation rate experienced a slowdown in the first half of September, reaching its lowest level since February 2021, according to the National Statistics Institute. The consumer price index increased by 0.25% in the first two weeks of the month, with a year-on-year rise of 4.44%. In comparison, the 12-month inflation rate stood at 4.64% by the end of August. Meanwhile, … [Read more...] about Mexico’s Inflation Eases in September
Forex News
Warning Signs in S&P Semiconductors Index
The S&P Semiconductors Select Industry Index is experiencing a significant downturn, and this could spell trouble for the overall stock market. Breaking the Trend Both in terms of price and relative strength, the index has reached its peak. What's more concerning is that it has now broken the uptrend that started from its low in October. An Important Indicator Unlike … [Read more...] about Warning Signs in S&P Semiconductors Index
Treasury Department Issues New Guidelines for Financial Institutions
The Treasury Department has recently released a new set of guidelines aimed at assisting banks and other financial institutions in their efforts to minimize their carbon footprint. While these guidelines are voluntary, they are designed to encourage the private sector to contribute more towards mitigating the effects of climate change. It is becoming increasingly clear that … [Read more...] about Treasury Department Issues New Guidelines for Financial Institutions
Hanesbrands Considers Strategic Options for Global Champion Business
Hanesbrands Stock Sees Rise Amid Evaluation of Potential Sale Hanesbrands (ticker: HBI) announced on Tuesday that it is exploring strategic alternatives for its global Champion business, which may include a potential sale. As a result, shares of Hanesbrands rose 2.8% to $4.59 in morning trading. However, the stock has experienced a significant decline of 28% this … [Read more...] about Hanesbrands Considers Strategic Options for Global Champion Business
Dell Technologies: Analyst Upgrades Rating on Improving Demand
Analyst Louis Miscioscia from Daiwa Capital Markets has raised his rating on computer maker Dell (ticker: DELL), citing improving demand. In a research note, Miscioscia upgraded shares of Dell to Outperform from Neutral and increased his price target to $80 from $50, implying a gain of 16% from the stock's closing price on Monday. According to Miscioscia, the demand slowdown … [Read more...] about Dell Technologies: Analyst Upgrades Rating on Improving Demand
