The dollar has seen a boost in May, with rising expectations that the Federal Reserve will delay any rate cuts until later in the year. This has been supported by crucial inflation readings that are set to take place this week. The Federal Reserve’s preferred measure of inflation, the core personal consumption expenditures (PCE) price
American Airlines shocked the aviation industry on Tuesday by slashing its sales outlook and announcing the departure of its chief commercial officer, Vasu Raja. This abrupt change in leadership comes as a surprise and raises questions about the airline’s financial health and strategic direction. Raja, who has been with the company for just over two
The market anticipation for the trading of spot Ethereum Exchange Traded Funds (ETFs) is at an all-time high, with the final confirmation pending before trading can commence. Analysts and traders alike are optimistic about the prospects of these ETFs being approved in the coming weeks. Ana de Mattos, a technical analyst, highlights the need for
A recent tax measure aimed at providing financial support for the San Francisco Bay Area Rapid Transit (BART) district has sparked controversy and opposition among local stakeholders. Senate Bill 1031, introduced by Sen. Scott Wiener and Sen. Aisha Wahab, proposes a ballot measure to generate funds for the struggling BART system, which has been facing
After failing to meet earnings estimates in February 2024, Boston Beer (SAM) has been on a continuous decline, reaching a new 52-week low recently. To confirm the bearish trend, two technical indicators are used: RSI (Relative Strength Index) and DMI (Directional Movement Index). RSI measures the momentum of a stock’s price movement, and in the
Porsche has unveiled the first-ever production hybrid version of its iconic 911 sports car, marking a significant change to the renowned German sports car in response to the automotive industry’s shift towards electrification and increased fuel economy standards. The 2025 911 Carrera GTS hybrid comes with a starting price of $164,900, signaling Porsche’s commitment to
For all the die-hard fans of the classic movie “Home Alone,” here comes an exciting news! The mesmerizing house in the Chicago suburbs, which served as the backdrop for the iconic film, is now up for grabs. Located at 671 Lincoln Ave. in Winnetka, the house is not just any ordinary property. It is the
The recent movements in the global currency markets have been largely influenced by a slight pick up in risk appetite. The dollar has waned, while currencies like the euro, sterling, and the New Zealand dollar have seen some upward movement. Despite dovish comments from European Central Bank (ECB) policymakers and stagnation in German business morale,
Multipool, a prominent player in the blockchain and cryptocurrency sector, recently wrapped up its Fjord Foundry LBP by selling out all 5 million tokens. This development led to the launch of Multipool’s native token, $MUL, on Uniswap V3, boasting a market capitalization of $13M. Steven Murray, a Core Contributor at Multipool, expressed gratitude towards the
It is essential to manage expectations when it comes to using GLP-1 medications like Ozempic for weight loss. While these medications have shown promising results in helping patients drop pounds, it is crucial to understand that many individuals may still remain obese or overweight despite the weight loss. For some patients, particularly those aiming to