US Dollar advances after ECB dovish outlook, US Retail Sales – FXStreet
Expectations for Fed easing continue to evolve, with two rate cuts by year-end almost priced in. Retail sales unexpectedly rose in September, and weekly new jobless claims fell. The ECB's Lagarde is concerned about the EU's economic outlook, which is benefiting the US dollar. The US Dollar Index (DXY), which measures the value of the […]
New area code proposal for NYC advances to public hearings
In New York City, getting a new area code is just a phone call away. The new code will be used in the Marble Hill neighborhood of the Bronx, Brooklyn, Queens, Staten Island and uptown Manhattan, as the existing four codes used in the five boroughs are expected to be exhausted by the end of […]
Dow advances to record high after inflation report; small caps outperform By Reuters – Investing.com
Written by Johan M. Cherian and Purvi Agarwal (Reuters) – The blue-chip Dow rose to a new intraday high on Friday as a positive inflation report paves the way for the Federal Reserve to continue easing interest rates while focusing on strengthening the labor market. Small-cap stocks outperformed as the market opened. Consumer spending rose […]
Trump thanks Congress after measure increasing protection advances: ‘Big threats on my life by Iran’
Former President Trump thanked Congress after the Senate passed a bill on Tuesday to strengthen his Secret Service protection following two assassination attempts, and warned of a major threat to his life from Iran. “Iran poses a serious threat to my life. The entire U.S. military is watching and standing by,” Trump said. I wrote […]
Senate advances bill to bolster Trump's security after second assassination attempt
The Senate approved a bill on Tuesday to increase the level of Secret Service protection for former President Trump, moving the bill one step closer to becoming law less than two weeks after he suffered a second assassination attempt. The bill, introduced in the House of Representatives by Reps. Mike Lawler (R-N.Y.) and Ritchie Torres […]
Blinken may be held in contempt after House GOP advances measure
Secretary of State Antony Blinken could face charges of contempt of Congress after a key House committee advanced the criminal measure on Tuesday. The House Foreign Affairs Committee has introduced a contempt resolution against Biden's top cabinet members, preparing for a vote by the full House when Congress returns from a six-week recess, marking the […]
Australian Dollar advances despite Fed caution, awaits PBoC Interest Rate Decision – FXStreet
The Australian dollar rose after new job creation rose more than expected in August. Australian employment change increased by 47.5K in August, beating the consensus forecast of 25.0K. The Federal Reserve's significant interest rate cuts demonstrate its determination to protect the labor market and protect the economy from recession. The Australian Dollar (AUD) has recovered […]
Delaware Democrat advances toward becoming first trans member of Congress
Delaware Sen. Sarah McBride could become the first transgender person elected to Congress after winning Tuesday night's primary election. McBride was virtually unopposed as the only candidate who raised money in the primary, winning the election with the endorsements of Delaware Senators Chris Coons and Tom Carper, as well as Rep. Lisa Blunt of Rochester, […]
Trump-backed plan to avoid government shutdown advances to House-wide vote as Republicans defect
A plan by House Republicans to avert a partial government shutdown and beef up election security cleared a key hurdle Monday night but faces an uncertain fate when the full House votes this week. House Speaker Mike Johnson, R-Louisiana, is seeking to pass a combination of a continuing resolution (CR), a six-month extension of fiscal […]
British tennis star Jack Draper vomits during dramatic US Open semifinal loss; Jannik Sinner advances
The situation inside Arthur Ashe Stadium on Friday likely took a toll on Jack Draper. The British tennis player vomited multiple times during his US Open semi-final match against Italy's Jannik Sinner. “It's the worst feeling I've ever had,” Draper told tennis.com about the apparent illness she experienced on court, “and it's like you can't […]