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GBP/USD declines as Fed delays September cut, US data bolsters Dollar

GBP/USD declines as Fed delays September cut, US data bolsters Dollar

GBP/USD declines following a Federal Reserve decision to maintain interest rates without guidance for September. US unemployment claims decrease to 218k, reflecting a robust labor market that supports the USD. Year-on-year Core PCE in June rises to 2.8%, with headline PCE at 2.6%, both figures exceeding estimates. During Thursday’s North American session, GBP/USD experienced modest […]

Trump bolsters Arctic defense by shifting command in Greenland

Trump bolsters Arctic defense by shifting command in Greenland

Strategic Shift of Greenland’s Command In a notable change, President Trump has ordered Greenland to be transferred from the US European Command to the US Northern Command. This move aims to enhance the US’s Arctic defense amid increasing global tensions. The Pentagon confirmed this decision on Tuesday, emphasizing the importance of the Pituffik Space Base, […]

White House bolsters transgender health protections, rolls back Trump admin rule

The Biden administration is strengthening health care protections against discrimination against gay and transgender people and reversing Trump administration rules that watered down the protections. In a wide-ranging final rule released Friday, the Department of Health and Human Services (HHS) announced the Affordable Care Act (ACA) regulations prohibiting discrimination based on sex, including discrimination based […]

Seton Hall’s comeback over St. John’s bolsters March Madness hopes

It was the story of a surprisingly strong season for Seton Hall. The match started off shaky, but gained momentum as the match progressed. Trailing by 19 points early on, the Pirates didn’t let a poor first half spoil their trip to UBS Arena. Instead, they strengthened their NCAA Tournament hopes by defeating a weakened […]