The US dollar experienced a slight rebound after a previous setback due to disappointing job data. Despite minor gains, the Federal Reserve’s looming decision to cut interest rates by September has been a point of concern for investors. The recent increase in weekly jobless claims signals a potential slowdown in the US labor market, prompting
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The recent Bitcoin halving that occurred on April 19 has left the crypto market in a state of uncertainty and significant price volatility. This event, which occurs every four years and reduces rewards for miners, has brought about unexpected movements in the market. The drop in Bitcoin’s price from $73,000 to $57,000 has raised concerns
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The municipal bond market remained relatively stable on Thursday, with municipal mutual funds experiencing inflows that surpassed $1 billion. At the same time, U.S. Treasuries showed strength, and equities finished the day in positive territory. The muni-to-Treasury ratio varied across different maturity levels, with the 30-year ratio standing at 82% according to Refinitiv Municipal Market
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In a time when federal initiatives for student loan forgiveness are at the forefront of discussions, some states and municipalities are taking a different approach. By linking bond-financed mortgage programs to student loan forgiveness, these entities are aiming to boost homeownership among specific groups. One such program is the Maryland SmartBuy program, designed to assist
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The U.S. dollar has shown signs of strength in the currency markets, particularly in anticipation of crucial economic data releases. The Dollar Index, which measures the greenback against a basket of other currencies, has edged higher in recent trading sessions. This increase comes as traders prepare for next week’s release of important U.S. inflation data.
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In the ever-evolving landscape of the restaurant industry, casual dining chains like Applebee’s and IHOP are facing fierce competition from fast-food establishments and the growing trend of eating at home. With consumers becoming increasingly conscious of their spending, these traditional sit-down restaurants are having to find new ways to attract and retain customers. Dine Brands,
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