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FX option expiries for 12 June 10am New York cut – ForexLive

On the day, you should keep the following in mind: bold. AUD/USD will likely be the more important pair, at least for the coming sessions, as it sits between 0.6615 and 0.6630, which should keep price movement contained until a major event occurs later today. The US CPI report will be the first major hurdle […]

White House hits GOP over reported corporate tax cut preparations

The White House on Monday pounced on reports that Republicans in Congress are preparing to extend tax cuts from the first Trump administration and slash corporate tax rates if Republicans win control of the White House and Congress in November. In a memo from Deputy Press Secretary Andrew Bates, the White House said: Washington Post […]

10,000 California Fast Food Jobs Cut Due to $20 Minimum Wage

Fast food restaurants in California have reportedly cut about 10,000 jobs after the state’s minimum wage increased to $20. Gov. Gavin Newsom’s (D) law to pay workers $20 an hour goes into effect on April 1 and is clearly dealing a devastating blow to the industry, Fox Business reported. report Wednesday. The media continues: The […]

Jordan Spieth, Wyndham Clark miss Memorial cut, Rickie Fowler implodes

This year’s Memorial Tournament had 73 players, but still had a 36-hole cut. Only players who are tied with the top 50 or within 10 strokes of the leader can make the cut. Fifty-two players finished four over par or better, meaning anyone who finished five over par or worse missed the weekend, including many […]

Democrats fume over Republican plan to cut IRS funding, defund Direct File

Democrats are infuriated by Republican proposals to cut funding to the IRS and end funding for the agency’s new free online tax filing system. Democrats on the House Ways and Means Committee in a statement on Thursday called the GOP’s latest Financial Services and General Government (FSGG) budget bill “disastrous” and slammed Republicans for risking […]

Fed Hasn’t Seen Enough Weakness to Cut Rates

John Carney, economics editor at Breitbart News, said on Fox Business Network’s “Kudlow” show on Tuesday that a few months of economic weakness won’t be enough for the Federal Reserve to cut interest rates. “John Carney, it looks like we’re starting to see an economic downturn. What are your thoughts on that?” host Larry Kudlow […]

Asian Stocks Eye Early Gains as Rate Cut Bets Firm: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian stocks rose on Monday as a weak reading of the Federal Reserve’s preferred inflation gauge spurred hopes of an interest rate cut. Most read articles on Bloomberg Australian, Japanese and Hong Kong shares rose, while Indian stock futures surged after exit polls showed a landslide victory for Prime Minister Narendra Modi’s party. […]