Dollar likely to end 4-week winning streak due to concerns about US fiscal health
SINGAPORE (Reuters) The US dollar faced weakness on Friday, on track to decline against the euro and yen for the first time in five weeks. This trend is driven by concerns surrounding US financial issues, prompting investors to seek safer options. Following Moody’s downgrade of US debt last week, investor focus shifted to the massive […]
US corporate bond spreads tighten to 4-week low as trade war calms
Jason Katz, managing director and senior portfolio manager at UBS, said on President Donald Trump’s impact on Wall Street and what he expects from revenue and trade deals. US corporate bonds tightened in the second half of four weeks last week as concerns surrounding the nearly a month of global trade war appear to have […]
Virgin Voyages debuts 4-week, $10K cruises for remote workers
Virgin Voyages is offering remote workers four-week cruises in the Mediterranean starting at $10,000 for two passengers. The cruise, called the Scarlet Summer Season Pass, promises to help sailors “achieve the perfect work-life balance” during four consecutive weeks of travel. The first of these “work at the helm” cruises will depart on June 9, transporting […]