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Tax-Free Tips: When Will It Begin and Who Gains?

Senate lawmakers have approved a bill aimed at eliminating federal income taxes on advanced income. Why is it important? This initiative, which aligns with one of President Donald Trump’s major promises during the 2024 election campaign, has also gained support from some Democrats. What’s the change for tips? The proposed NO Tax Act introduces a […]

Gold Price Outlook: XAUUSD Surpasses Resistance, Targets Further Gains Towards $3,375

The 50-day moving average shows that trend support was established around the swing decline of $3,121 from last week, indicating that the bearish correction might be nearing its end. The short-term upward trend remains intact as reflected in the 50-day line. This suggests that gold may continue to rise in price. While gold is currently […]

Boeing gains speed with new support from Trump and Qatar.

President Trump is stepping in to support Boeing as it navigates through recent safety issues and scandals. During his trip to the Middle East, Trump announced a new contract with Boeing, first reported by News Nation and Hill, in which Qatar Airways ordered 160 widebody jets. This deal is expected to bolster the US economy […]

S&P 500 Today’s Gains and Losses: Supermicro Stock Rises Following DataVolt Agreement

The S&P 500 increased by 0.1% on Wednesday, May 14, 2025, driven primarily by gains in the tech sector, despite some economic worries impacting other areas. Shares of Supermicrocomputer soared after the company secured a significant agreement with Saudi data center firm DataVolt. Meanwhile, several life science companies addressed their operational struggles during healthcare conferences, […]

Asia-Pacific FX news summary: Yen gains slightly on a quiet day otherwise.

High risk warning: Engaging in Forex trading carries significant risk and might not be suitable for every investor. The use of leverage can heighten both risk and potential losses. It’s crucial to carefully assess your investment objectives, level of experience, and comfort with risk before diving into Forex trading. It’s possible to lose your initial […]