Wealth Growth Daily

NEWSLETTER

Could This Hurt the Biofuel Industry

BY Reuters  • May 30, 2024May 31, 2024
By Leah Douglas and Jarrett Renshaw (Reuters) – Little to no ethanol will qualify for U.S. sustainable aviation fuel (SAF) subsidies under a new pilot program by President Joe Biden’s admi[...]
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NEWSLETTER Updated

Consumers curb US economic growth in first quarter, inflation cools

BY Reuters  • May 30, 2024May 30, 2024
By Lindsay Dunsmuir (Reuters) -The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation ticked down[...]
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NEWSLETTER Updated

Wall Street’s faster trade settlement sees some temporary bumps

BY Reuters  • May 29, 2024May 29, 2024
By Davide Barbuscia and Carolina Mandl NEW YORK (Reuters) -The transition to faster trade settlements for securities in the U.S. has faced processing bumps although the switch has mainly been smooth,[...]
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Dogecoin, Floki, And Shiba Inu Tumble After Iconic Japanese Dog That Inspired Them Passes Away At 18; Janet Yellen Acknowledges Rising Cost Of Living Amid Persistent Inflation – Top Headlines Today While US Slept

BY Ileana Wolfort  • May 24, 2024May 24, 2024
Crypto ‘Dogecoin Rival’ Shiba Inu Burn Rate Soars 549% As Founder Teases Shiba Inu ETF Prospects Bitcoin Spot ETFs Record $108M Inflows While Ethereum ETF Potential Remains Uncertain EXCLUSIVE: All Yo[...]
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NEWSLETTER

EEX, Nasdaq deal triggers EU concerns about bundled products, price hikes

BY Reuters  • May 22, 2024May 22, 2024
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are seeking feedback on whether the European Energy Exchange (EEX) might expand its market power by bundling products when it buys Na[...]
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NEWSLETTER Updated

Fed policymakers still cautious on inflation and policy

BY Reuters  • May 20, 2024May 20, 2024
By Michael S. Derby and Howard Schneider (Reuters) -Federal Reserve officials are not ready to say inflation is heading to the central bank’s 2% target after data last week showed a welcome easi[...]
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NEWSLETTER Updated

U.S. Import Prices Increase by the Most in Two Years in April

BY Reuters  • May 16, 2024May 16, 2024
WASHINGTON (Reuters) – U.S. import prices rose by the most in two years in April amid rising costs for energy products and other goods, suggesting that domestic inflation could remain elevated f[...]
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NEWSLETTER

Home Depot Sales Drop More Than Expected as Wary Customers Delay Big Projects

BY Reuters  • May 14, 2024May 14, 2024
By Savyata Mishra (Reuters) -Home Depot posted a bigger-than-expected drop in quarterly same-store sales on Tuesday as cautious Americans shelled out less for big-ticket items while focusing on small-[...]
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Tesla CEO Elon Musk Criticizes Biden Administration’s Spending Efficiency On EV Charging Infrastructure: ‘Government Is … Not Efficient At Spending’

BY Ileana Wolfort  • May 12, 2024May 13, 2024
Tesla Inc CEO Elon Musk, on Friday, criticized the Biden administration’s spending efficiency, after reports that the government’s $7.5 billion capital allocation to help build EV charging stations ac[...]
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