According to a Morgan Stanley note dated Tuesday, Apple’s (NASDAQ:AAPL) iPhone 16 lead times are tracking lower than those of previous models.In Wednesday’s premarket, Apple shares decreased by almost 1%.As
On Wednesday, the dollar hit a 14-month low against the euro as traders wagered that the Federal Reserve will make another significant rate cut at its November meeting due to
The U.S. dollar index (USDX) is a metric that quantifies the value of the U.S. dollar in reference to a basket of foreign currencies. The U.S. Federal Reserve established the
In September, consumer confidence in the United States unexpectedly declined as concerns regarding the labor market continued to escalate.On Tuesday, the Conference Board reported that its consumer confidence index decreased