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Stock market news today: US futures rise as Amazon shines, key inflation data ahead

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The update to PCE — the Fed's preferred inflation gauge — will set expectations around whether a rate hike is coming.

The moves point to a sunnier start to the last session in a tough week, which has seen the S&P 500 threaten to join the Nasdaq Composite stock. The post Think Your TFSA Won’t Be Taxed? Think Again appeared first on The Motley Fool Canada.A famed trader known as '50 Cent' is making a big bet that the world's worst-performing currency is about to surge 'violently'

Ruffer, a UK-based fund known for winning bets made in the volatility market, is now hoping for a big upswing in the Japanese yen.High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker.

The founder of Chinese property developer Evergrande — who was once Asia's second-richest person — is no longer a billionaire Hui Ka Yan is now worth $979 million. His net worth has taken a 98% tumble since peaking at $42 billion in 2017, per Bloomberg.Restaurant Brands International isn't the only impressive value stock in town. The post These 2 Stocks Belong in Every Portfolio, and They’re the Cheapest They’ve Been in Years appeared first on The Motley Fool Canada.

The Bank of Canada may not have to raise its key overnight rate further if inflation cools in line with the central bank's expectations, Governor Tiff Macklem said in an interview with the Canadian Broadcasting Corp. "The economy is not overheated anymore and ... we do think there's more inflation relief in the pipeline, and if that comes through, we won't have to raise rates further," Macklem said in a CBC Radio interview aired on Thursday.

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