EUR/USD takes another step lower on poor German Retail Sales data. Subdued consumer spending levels in Germany increase the probability the ECB will cut interest rates soon. This contrasts with the US, where Fed officials are advocating a delay in rate cuts. EUR/USD edges down…
In the wake of Nvidia ‘s launch of powerful new artificial intelligence chips, Goldman Sachs is predicting major growth for memory chips used in AI systems. Called Blackwell, the new GPU chips from Nvidia that power AI models require the latest third-generation memory chips, also known as high-bandwidth memory (HBM/HBM3E).…
Markets will continue to rally even if the Federal Reserve chooses not to cut interest rates this year, according to Steven Blitz, chief U.S. economist at TS Lombard.His comments come as investors await the release of further U.S. economic data and closely monitor clues from Fed officials about the expected…
She used to smuggle migrants. Hear what she thinks about the border crisis now CNN’s John King talks to voters in the key battleground state of Arizona about the divisive rhetoric around the border crisis and who they will vote for in the 2024 presidential election.
Topline Democrats celebrated Marilyn Lands’ victory in an Alabama state House race Wednesday after Lands made her support for IVF access a key campaign issue—what Democrats are billing as a harbinger for the 2024 election as they seek to capitalize on the GOP’s support—and voters’ opposition—of abortion restrictions. Key Facts…
A former Apple employee says the company is facing a “battle for the soul,” per WSJ.His thoughts come as Apple faces a DOJ’s anti-trust lawsuit and a nearly $2 billion EU fine. He worked under ex-Apple exec Phil Schiller who has been a key defender of Apple’s business tactics. A former Apple…
One day after the Supreme Court heard arguments in the first abortion-related…
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A recent United Nations report revealed that 50% of North Korea’s foreign…
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Bitcoin price is consolidating gains above the $69,000 support zone. BTC must…
POLITICS
View MoreDemocrats have been growing increasingly anxious about public polls showing former President Donald Trump making unprecedented inroads among Black and Hispanic voters. But there may be reasons for Republicans to feel uneasy about these polls too. Surveys now consistently show Trump leading President Joe Biden nationally and in almost all of the key swing states. But those same surveys generally show Biden matching or even exceeding his winning 2020 share of the vote among White voters. Trump’s lead in polls is often based solely on him significantly improving on his 2020 showing among voters of color – and in fact,…
An attorney discipline judge in California has recommended that ex-Trump election lawyer John Eastman be disbarred, according to an opinion released on Wednesday. Eastman will lose his ability to practice law within days, because…
By Nate Raymond (Reuters) – A U.S. appeals court on Wednesday rejected a challenge to a Pennsylvania rule that allowed the state to discard mail-in ballots that arrive on time…
Kansas’ Republican-controlled legislature has advanced a bill that would ban gender-affirming care for minors to the governor’s desk. The Senate voted 27-13 on Wednesday after the House voted 82-39 earlier in the day to advance…
Markets
View MoreThe 984-foot container vessel that crashed into the Francis Scott Key Bridge was carrying at least 56 containers of hazardous…
Finance
View MoreTreasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its cheaper clean energy products, depressing market…
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By Paritosh Bansal (Reuters) – The Fed is close to delivering a…
Investing
Several New England universities and colleges have reached a pinnacle of at least $90,000 for undergraduate tuition and costs starting this fall. Yale University, Tufts University, Boston University (BU), and Wellesley College are among a few private institutions that will top this year’s costs for tuition, housing and other expenses, according to…
Economy
By Summer Zhen HONG KONG (Reuters) – Japan’s top-performing stocks are at…
Fintech
Safety officials are likely to investigate if contaminated fuel played a role…