Buyers are retreating after a five-day winning streak. US Treasury yields are declining but remain at multi-month highs. Investors are focusing on Fed Chair Powell’s hawkish stance. The US Dollar Index (DXY) declined below 106.00 during the American session. However, the outlook for the Greenback is…
In 2018, I was a full-time graduate student and working part-time as a course designer at my university. Inspired by a class project and my own personal struggles, I decided to launch a side hustle selling card games on Amazon to help people build “human skills” like emotional intelligence and…
European Central Bank policymaker Joachim Nagel said Wednesday that a rate cut for the institution looks increasingly likely for June, but added that certain parts of the incoming inflation data still look higher than desired.”Talking about the June meeting, I think the probability is increasing that we will see a…
The United States will reimpose sanctions on Venezuela’s oil and gas sector in response to the Maduro government’s failure to allow “an inclusive and competitive election” to take place. Last October, citing commitments made by President Nicolas Maduro to hold such an election in 2024, the US Treasury Department issued a temporary…
USS Boxer, a Wasp-class amphibious assault ship, is returning home just 10 days after deploying.The US Navy said the Boxer is undergoing “additional maintenance” due to an engineering issue.Deploying months late due to mechanical issues, the big deck departed for the Indo-Pacific on April 1. The maintenance-embattled USS Boxer is heading…
Rivian is undergoing another round of layoffs.Its the company’s fourth wave of job cuts in recent years.Over a dozen employees have begun posting about the layoffs on LinkedIn. Rivian is going through another round of layoffs.Over a dozen workers began posting on LinkedIn about cuts at the company on Wednesday…
Abbott Laboratories delivered a top and bottom line beat Wednesday and surprised…
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POLITICS
View MoreThe Supreme Court on Wednesday made it easier for people to sue employers for discrimination when they are transferred against their will. The unanimous decision, written by Justice Elena Kagan, sided with a St. Louis police sergeant who claims her department discriminated against her when it forced her to transfer out of an intelligence division but did not dock her pay. At issue in the case was whether Jatonya Clayborn Muldrow could sue for sex discrimination even though the 8th US Circuit Court of Appeals found that she had not suffered a “materially significant” disadvantage because of the transfer. Muldrow…
On Tuesday, late-night television host Jimmy Kimmel delivered another monologue making fun of former President Donald Trump. On Wednesday morning, the presumptive Republican presidential nominee fired back on social media…
Speaker Mike Johnson’s weakened position inside the House GOP conference has sparked delicate internal discussions about who could potentially replace him if he can’t hang on to the job –…
Hear Trump’s remark outside court that made an ex-prosecutor’s ears perk up Former prosecutor Jessica Roth discusses the legal implications of former President Donald Trump’s remark outside his criminal trial.…
Markets
View MoreCanadian Dollar advances favoured by retreating US yields and a softer US Dollar. USD/CAD maintains a bid tone despite the Fed’s hawkish stance…
Finance
View MoreAs he faces a mountain of legal woes, former WWE leader Vince McMahon is traveling, eating out and keeping in touch with friends and associates –…
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Investing
Key News Asian equities were mostly higher overnight after US markets closed relatively flat yesterday. Online retail sales increased +12.4% compared to only 3.1% overall, as the increasing internet penetration rate in China continues to show up in headline economic figures. However, the stronger growth in online sales was mostly…
Economy
LONDON (Reuters) – Banks must anticipate risks from using artificial intelligence (AI)…
Fintech
At Amazon’s annual cloud conference in 2016, the company captured the crowd’s…
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