The Mexican Peso remained defensive against the US Dollar on Friday, fueled by fears about trade policies the United States (US) implemented amid a busy week in the central bank space...
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A rebound above $33.10 could trigger a late recovery toward $33.50, but bearish momentum remains dominant...
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is ticking higher on Friday, helped by a wave of geopolitical unease...
Gold price retreats for the second straight day yet is poised to finish the week in the green amid broad US Dollar (USD) strength and traders booking profits ahead of the weekend...
United States CFTC Oil NC Net Positions: 166.8K vs 164.1K...
Netflix (NFLX), originally a DVD rental service, sparked the streaming revolution when it launched its video streaming service in 2007. Nearly two decades later, it faces fierce competition from major media giants like Disney (DIS), Apple (AAPL), and Amazon Prime (AMZN). These companies are now all investing millions…Read more...
The Federal Reserve’s favorite inflation measure picked up in February and may head to a level later in 2025 that will prompt policymakers to keep interest rates on hold, some economists said. That sets up a conflict with President Donald Trump, who’s lobbied for a rate cut.Read more...
Costco follows Walmart, a weight loss drug panic, and an airline’s hotel fail: Business news roundup
Costco follows Walmart, a weight loss drug panic, and an airline’s hotel fail: Business news roundup
Costco is reportedly demanding price cuts from its Chinese suppliers as U.S. tariffs continue to take a toll. Read more...
President Donald Trump has upended the global geopolitical order in place for more than 70 years with major economic consequences that have only begun to be felt, and which won’t help the U.S., according to economist David McWilliams. Read more...
Tesla’s (TSLA) Optimus robots have come a long way from their often-mocked introduction in 2021 when a human dressed in a costume appeared onstage for a demonstration. However, while the overall design has changed between the first and second generations of the humanoid bot, it still doesn’t look very personable...