The U.S. dollar has been facing turbulence in the currency market, with sharp losses at the end of last week. However, in early European trade on Tuesday, the dollar showed signs of a comeback. The Dollar Index, which tracks the greenback against a basket of six other currencies, traded higher at 105.090. This recovery comes
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The Federal Reserve has been facing high inflation rates and has expressed hesitation to make any immediate interest rate cuts. Analysts are now anticipating that interest rates will remain at a range between 5.25% and 5.50% until September. There is a growing concern that there may not be any rate cuts for the rest of
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The dream of owning a home has become increasingly out of reach for renters, as highlighted in a recent survey released by the New York Federal Reserve. The survey found that the percentage of renters who believe they will one day be able to afford a home has reached a record low of 13.4% as
Former Starbucks CEO Howard Schultz recently shared his thoughts on the company’s latest quarterly report, emphasizing the importance of focusing on enhancing U.S. stores. Despite no longer holding a formal role at Starbucks, Schultz highlighted the need for improvements in areas such as mobile order and pay experience, as well as the creation of premium
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The state of Illinois is set to issue $1.8 billion in general obligation bonds to fund accelerated pension benefit payments and capital expenditures through the Rebuild Illinois program. The bond issue consists of $250 million taxable Series 2024A and $1.55 billion tax-exempt Series 2024B. The bonds are expected to be fixed-rate and will be priced
Baird’s upgrade of Micron Technology to outperform and naming it a top semiconductor pick reflects analyst Tristan Gerra’s optimism for the stock. The firm increased its price target to $150 per share, indicating a potential 31% upside from the previous day’s close. While the firm acknowledges being late to the Micron Technology bandwagon, they still
The BTCC Exchange, a renowned cryptocurrency platform based in Vilnius, Lithuania, has recently announced the launch of the BTCC World Trading Competition (BWTC) 2024. This competition is set to be a game-changer in the world of cryptocurrency trading, featuring an unprecedented prize pool of 10 million USDT. The main aim of this global competition is