Dollar gains ahead of CPI, yuan falls as China considers allowing currency to weaken – Yahoo Finance
Written by Hannah Lang NEW YORK (Reuters) – The dollar rose on Wednesday after U.S. price data was in line with expectations, boosting expectations that the Federal Reserve will cut interest rates next week. A Reuters report that China is considering allowing its currency to weaken next year also boosted the dollar, while the yuan […]
FBI Director Christopher Wray Makes It Official, Announces Resignation Ahead of Trump’s Term
FBI Director Christopher Wray confirmed the rumors on Wednesday, previewing President-elect Donald Trump's plans to resign ahead of his second term. According to washington postWray — who replaced anti-Trump James Comey in 2017. made The announcement was made during a town hall with what the outlet described as “FBI officials.” Wray maintained that his resignation […]
USD/CAD Price Forecast: Bulls turn cautious ahead of US CPI report and BoC decision – FXStreet
USD/CAD has retreated from multi-year highs, but the downside appears to be limited. Rising oil prices are supporting the loonie and putting pressure on the currency pair. The technical setup supports the prospect of some bullish buying. The USD/CAD pair fell slightly in Asian trading on Wednesday, but did not continue to rise, remaining close […]
EUR/USD weakens amid firm US Dollar ahead of US inflation, ECB dovish bets – FXStreet
EUR/USD is testing the level below 1.0500 as the euro (EUR) continues to weaken, weighed down by expectations for further interest rate cuts from the ECB. The ECB is expected to cut deposit facility rates by 25 bps on Thursday for the third consecutive meeting. Investors are waiting for US inflation data to guide new […]
Gold price retreats from over two-week top; bulls turn cautious ahead of US CPI – FXStreet
Rising US Treasury yields are supporting the US dollar and keeping the yellow metal in check ahead of the US CPI report. Gold prices (XAU/USD) extended its weekly uptrend for a third consecutive day on Wednesday, rising to a two-and-a-half week high during Asian trading. The product is currently looking to extend its momentum above […]
Crypto lobby targets SEC’s Crenshaw ahead of Senate committee vote
FOX Business' Charlie Gasparino talks about the crypto industry's efforts to stop SEC Commissioner Caroline Crenshaw from getting a second term on “The Claman Countdown.” Crypto industry seeks to block Carolyn Crenshaw's re-nomination to the Securities and Exchange Commission as the Senate Banking Committee prepares to vote on her second term as Wall Street's top […]
California county votes to ramp up sanctuary policies ahead of Trump deportation push: ‘Radical policy’
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Tax professional breaks down what to do now ahead of tax season – KOCO Oklahoma City
Tax experts explain what you should do now before tax season Oklahoma Institute of CPAs looks to 2025 Updated: December 10, 2024 7:39am CST And next Monday. Kylie. Okay, Joseph, thank you. Well, as the end of the year approaches, we're learning even more. Many people are looking ahead to next year and tax season. […]
‘Shazam!’ star Zachary Levi denies being canceled after Trump endorsement: ‘Still full steam ahead’
“Shazam!” star Zachary Levi said Sunday on Bill Maher's “Club Random” podcast that his support for President-elect Donald Trump has not affected his career. In September, Levi hosted a Trump event in Michigan with former presidential candidate Robert F. Kennedy Jr. and former Hawaii congresswoman Tulsi Gabbard, and announced his presidential nominee. “We're going to […]
Stock Market Today: Dow futures pause near record levels ahead of looming CPI report – MarketWatch
Citigroup strategists say in a report on the outlook for commodity markets in 2025 that the backdrop for “at-risk” commodities such as oil and base metals is relatively bearish, but the outlook for gold is said the company is “relatively bullish” due in part to the deteriorating economy. US job market. U.S. President-elect Donald Trump […]