Gold price rises ahead of US CPI data and first Harris/Trump presidential debate – FXStreet
As Treasury yields fall and the US dollar weakens, gold prices rise. Traders are awaiting US CPI data. The probability of a Fed rate cut is 67% for a 25bps cut and 33% for a 50bps cut. The focus now shifts to the first US presidential debate, which could influence pre-election market sentiment. Gold prices […]
Speaker Johnson plowing ahead with funding plan despite GOP opposition
House Speaker Mike Johnson (R-Louisiana) is forging ahead with a plan to avert a government shutdown despite overwhelming Republican opposition that would derail the plan, threatening an embarrassing vote on the House floor that could undermine his fundraising strategy. At least six Republicans, including hardline conservatives and defense hawks, have said they will vote against […]
Job Creators Network Calls Out Democratic Spin on Energy, Food, and Rent Inflation Ahead of Debate
The Job Creators Network, America's largest small business advocacy group, has installed a rotating billboard in Times Square to highlight the harsh economic realities facing millions of Americans under the administration of President Joe Biden and Vice President Kamala Harris. The giant ad aims to “dismantle the Democratic campaign's pitch by showing that consumer prices […]
Democratic anxiety over debate grows ahead of Harris-Trump match-up
Democrats have privately acknowledged growing anxiety about Tuesday night's debate between Vice President Harris and former President Trump, arguing that her performance could significantly affect her reputation as a candidate. Four years ago, Harris had a good night against former Vice President Mike Pence, but the most memorable moment from that debate may have been […]
Princess Kate ‘Cancer Free’ But Long Recovery Lies Ahead, She Says
The Duchess said she has “new hope and gratitude for life” and is now focused on “staying cancer-free” after several months of treatment. Nine months after major abdominal surgery revealed cancer and she largely disappeared from public view, Princess Kate, who, if all goes well, is likely to become the next Queen of the United […]
Currencies tread with caution ahead of US inflation test By Reuters – Investing.com
Ankur Banerjee SINGAPORE (Reuters) – The dollar was steady in early trade on Tuesday but the yen edged down from a one-month high as investors braced for U.S. inflation data and reassessed expectations of bigger interest rate cuts by the Federal Reserve starting next week. Friday's labor report did not provide any clear justification for […]
Gold surges above $2,500 ahead of US CPI as Fed rate cut looms – FXStreet
Gold is rising despite the general strength of the US dollar, as traders focus on the upcoming release of the US Consumer Price Index (CPI). The CME FedWatch tool indicates a 73% probability of a 25 bps rate cut by the Fed, a change from previous speculation of a 50 bps cut. Treasury yields are […]
Harris leans into underdog image ahead of debate with Trump
Vice President Harris' campaign is planning to go into Tuesday's debate portraying her as an underdog, after recent polls have shown her running neck and neck with former President Trump. Both candidates are under pressure to perform well in the debates, but Harris has tempered expectations, telling voters that despite Democrats' enthusiasm for her candidacy, […]
Live debate recaps ahead of Supreme Court Trump immunity decision | LiveNOW from FOX
We recap last night’s debate between President Joe Biden and former President Donald Trump., the first election debate between … source
Parents pressure Apple to improve App Store safety for kids ahead of iPhone 16 launch
As Apple prepares to unveil its AI-powered iPhone, concerned parents and online safety advocates are calling on CEO Tim Cook to do more to protect kids from dangerous content on the App Store, The Washington Post has learned. In a petition organized by advocacy groups Parents Together and HEAT Initiative, more than 7,800 parents, guardians, […]