In the recent movements of the currency markets, the dollar has seen a rally after a slight fall the previous day. This fluctuation can be attributed to the decisions made by central banks around the world. The dollar index, which tracks the currency against six others, showed a 0.35% increase, standing at 104.40. This movement
In the second half of the year, Bank of America warns investors to pay attention to potential “pain trades” in the market that could go against the popular sentiment. One such trade to watch out for is the reversal in Big Tech stocks, which had a significant run-up in the first half of the year.
The process of rebuilding America’s roads and bridges under the Bipartisan Infrastructure Law is facing significant delays due to regulations and red tape. While the law aims to make critical investments in modernizing public transit, the implementation of these projects is being hampered by bureaucratic hurdles. Regulations imposed by the Build America, Buy America Act,
The month of July saw a significant increase in municipal bond issuance volume, marking the seventh consecutive month of climbing issuance. Several factors contributed to this rise, including front-loaded issuance ahead of the election, a lower rate environment, and a breakneck pace of supply. July’s volume reached $33.935 billion in 576 issues, up 21.2% from
Vice President Kamala Harris recently expressed her commitment to prioritizing the strengthening of the middle class during her potential presidency. She emphasized the crucial role that a robust middle class plays in ensuring the overall strength of the country and highlighted the importance of providing relief to families facing the high cost of living. Harris’s
Tech giant Microsoft experienced a slight setback in its post-earnings performance, with a 1% decrease in stock value due to disappointing cloud revenue figures. Despite this dip, analysts on Wall Street view this as a prime buying opportunity for investors. The company’s Intelligent Cloud segment brought in $28.52 billion in revenue for the last quarter,
Boeing has recently announced the appointment of Robert “Kelly” Ortberg as its new CEO, a move aimed at providing steady leadership in the midst of the company’s ongoing safety and manufacturing crises. Ortberg, a seasoned aerospace veteran, brings with him decades of experience in the industry, having previously led major aerospace supplier Rockwell Collins. As
The 2025 Ford Maverick has undergone a significant redesign, incorporating a slew of new features and upgrades to appeal to modern consumers. The refreshed exterior and interior styling, along with a 13.2-inch center touchscreen, bring a touch of sophistication to the vehicle. Moreover, the introduction of an all-wheel-drive hybrid option provides buyers with more choices
In a groundbreaking move, M2 ADGM has announced that it now accepts deposits and withdrawals from UAE bank accounts to purchase Bitcoin (BTC) and Ethereum (ETH) with United Arab Emirates’ Dirhams (AED). This new integration, regulated by the Financial Services Regulatory Authority (FSRA) located in the ADGM, marks a significant milestone for the region’s adoption
The latest data released by Japanese drugmaker Eisai showcases the positive impact of the breakthrough Alzheimer’s drug Leqembi on patients over an extended period of three years. The study results indicate the critical need for patients to remain on the treatment for an extended period to experience its long-term benefits. One of the key findings