Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
OLEVS Ultra Thin Leather Watch Buy Now
HeatGear Compression Long-Sleeve T-Shirt Buy Now
J.VER Men's Dress Shirts Buy Now
Phoenix Bracelet Buy Now
Best Friend Keychain Gifts Buy Now
FTL Men's Eversoft Cotton Stay Tucked Crew Buy Now
Hanes EcoSmart Fleece Hoodie Buy Now
Wacky Waving Inflatable Tube Guy Buy Now
ASUS Vivobook Go 14 L410 Ultra Thin Laptop Buy Now
THE GYM PEOPLE Joggers Buy Now
Rose Gold Mesh Women's Watch Buy Now
Women's Chiffon Blouse Buy Now
Google Pixel 6a Android Phone Buy Now
COOFANDY Men's Wrinkle-Free Dress Shirt Buy Now
Women's Floral Print Cardigan Buy Now
Essentials Womens Fleece Short Buy Now
Men's Manicure & Pedicure Kit Buy Now
Aldo Sloana Handbag Buy Now
Men’s Premium Skin Care Kit Buy Now
2-Pack High-Waist Yoga Leggings Buy Now
OLEVS Ultra Thin Leather Watch Buy Now
HeatGear Compression Long-Sleeve T-Shirt Buy Now
J.VER Men's Dress Shirts Buy Now
Phoenix Bracelet Buy Now
Best Friend Keychain Gifts Buy Now
FTL Men's Eversoft Cotton Stay Tucked Crew Buy Now
Hanes EcoSmart Fleece Hoodie Buy Now
Wacky Waving Inflatable Tube Guy Buy Now
ASUS Vivobook Go 14 L410 Ultra Thin Laptop Buy Now
THE GYM PEOPLE Joggers Buy Now
MoreBack to News Headlines
The Daily Chase: Markets point to positive open; Exxon to buy carbon capturer

The Daily Chase: Markets point to positive open; Exxon to buy carbon capturer

BNN Bloomberg
Thursday, July 13, 2023 3:36 PM GMT

​I have this theory that all ideas for consumer companies sound dumb.

Here are five things you need to know: 

Markets: The S&P 500 is looking to build on 15-month highs this morning. The risk-on rally yesterday was sparked by cooler U.S. inflation. June was the first time in 29 months that the monthly core inflation print had been beneath two per cent on an annualized basis. The U.S. dollar hit a 15-month low. This lit a fire under a bunch of commodities and thus the TSX. What does this mean for rates? We’ll we got our answer from the Bank of Canada yesterday, but for the U.S. Federal Reserve the market is still pricing in a 90 per cent chance of a rate hike come July 26. What does change, however, is what happens next. The market priced in reduced expectations of more rate hikes later in the year.  As for the Bank of Canada, another rate hike later this year is getting about one in three odds right now.

Pepsi pops: Shares of Pepsi are rallying in the pre-market after the snack and drink maker beat earnings expectations and boosted its forecast. Sales and profit for Q2 grew faster than anticipated and the company says its bottom line will grow 12 per cent this year — which is also higher than expected. This is an example of an inflation story that is still working. Volumes for snacks and beverages, actually fell, but pricing was up 15 per cent. This is the sixth consecutive quarter of double-digit price increases. Some analysts are cautious though, noting that aspartame could be labeled “potentially carcinogenic” by the World Health Organization. This could hurt sales of its low calorie beverages according to Garret Nelson at CFRA.

Read full story on BNN Bloomberg
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us