3M Open: Defending champ Lee Hodges and more notable names to miss the cut
Eighteen players shot 67 or better at the 3M Open on Friday. Scores were low and birdies plentiful — 581 to be exact. However, not everyone played that well, with 32 players posting scores of 74 or below. Taylor Pendrith finished bogey-free through 36 holes and is leading the tournament by two strokes at 12 […]
US Dollar (DXY) Index News: Greenback Slips as PCE Data Sparks Rate Cut Hopes – FX Empire
PCE report meets expectations The Federal Reserve’s (Fed) favorite inflation measure, the PCE price index, rose 0.1% month-on-month and 2.5% year-on-year in June, in line with consensus expectations. Core PCE, which excludes food and energy, rose 0.2% month-on-month and 2.6% year-on-year, also in line with expectations. These figures suggest that inflation is gradually declining but […]
New Central American President Follows Through on Pledge to Cut Illegal Immigration to US
Estimated Reading Time: 2 minutes Panama’s government is touting progress on efforts to reduce illegal migration through the Darien Gap, a dense jungle region that long has served as a gateway point for South American migrants making their way to the United States. The National Border Service, Panama’s version of the U.S. Border Patrol, reported […]
Growth and Inflation Are Too Hot for the Fed to Cut in September
Economic growth exceeds expectations Economic growth accelerated more than expected in the spring, weakening the case for rate cuts and The Federal Reserve is still not doing enough to cool the economy We intend to bring inflation down to our 2% target. The Bureau of Economic Analysis said Thursday that real gross domestic product (GDP) […]
Apple TV to Cut $20 Billion in Spending, Views Per Month Lower Than Netflix Views Per Day
Apple TV is reportedly cutting spending by more than $20 billion after a recent quarterly report showed monthly viewership on the streaming service was lower than daily viewership on Netflix. Netflix continues to solidify its position as the streaming king, adding 8 million new customers during the quarter, bringing its total subscriber base to 277.7 […]
Gold (XAU) Daily Forecast: Nears $2400 as Fed Rate Cut Hopes Influence Prices – FX Empire
Moreover, U.S. President Joe Biden’s withdrawal from the 2024 presidential race raises hopes that Donald Trump will become the next president and create a more relaxed regulatory environment. Gold prices rise on weaker US dollar and major economic data The US dollar has generally lost momentum and is weakening due to a dovish outlook for […]
Cut ‘unsustainable’ probation workload in England and Wales, urges watchdog | Prisons and probation
Ministers should consider cutting the number of probation prisoners by up to 40,000 if they want to ease the prison overcrowding crisis, a watchdog group has told the Guardian. Martin Jones, chief inspector of probation for England and Wales, said the current model was “unsustainable” and suggested ministers should free up capacity by not asking […]
Asian stocks sink on political uncertainty; China rate cut offers little cheer – Investing.com
Investing.com — Most Asian stocks fell on Monday amid uncertainty about how the change in U.S. leadership will affect the region. Even a surprise interest rate cut in China wasn’t enough to lift market morale. Regional markets are still digesting US President Joe Biden’s sudden decision to forgo reelection and instead endorse Vice President Kamala […]
New Central American President Following Through On Pledge To Cut Illegal Migration To US
The Panamanian government is touting progress on efforts to reduce illegal migration through the Darien Gap, a dense jungle region that has long served as a gateway point for South American migrants making their way to the United States. The National Border Service, Panama’s version of the U.S. Border Patrol, reported that 11,363 migrants had […]
Tiger Woods Ends His Season by Missing the Cut in the British Open
TROON, Scotland (AP) — Tiger Woods set a new career record Friday at the British Open, a record he could have done without but perhaps expected. Woods shot a career-best 36-hole score of 156 as a professional and missed the cut in a major championship for the third consecutive time. He tapped in for his […]