USD/JPY erases gains for the day as post-Fed reaction weighs – ForexLive

The dollar is falling in European morning trading as the post-Fed reaction is now starting to weigh more heavily. USD/JPY traded as high as 143.94 in Asia but is now trading roughly flat at 143.18. USD/JPY hourly chart Looking at the market as a whole, stocks are rising while bond yields are falling from the […]

Gold Price Forecast: XAU/USD consolidates gains near fresh all-time highs – FXStreet

XAU/USD Current Price: $2,582.67 Investors are awaiting the Federal Reserve's announcement and its first interest rate cut in four years. U.S. Treasury yields fell to new annual lows, weighing on the US dollar. XAU/USD has retreated slightly from its all-time highs, but bullish potential remains. Gold prices hit a new record high of $2,589.50 per […]

Francine gains strength and is expected to be a hurricane when it reaches US Gulf Coast

Tropical Storm Francine was strengthening and swirling in the Gulf of Mexico and was expected to reach hurricane strength before making landfall in Louisiana on Tuesday. Storm surge warnings were issued for areas from east of Houston to the mouth of the Mississippi River south of New Orleans, according to the National Hurricane Center. Such […]

Kamala’s Capital Gains Tax Plan Would ‘Kill the Stock Market’

Billionaire investor Mark Cuban warned Thursday on CNBC's “Squawk Box” that Vice President Kamala Harris' capital gains tax plan would “destroy the stock market.” “What I told them was that if we taxed unrealized gains, it would crash the stock market and it would be the ultimate jobs plan for private equity because companies wouldn't […]

Harris breaks from Biden on capital gains

sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} Business and Economics Business and Economics Full text   Nikki Haley joins PR firm Edelman Former Republican presidential candidate Nikki Haley has joined global communications firm Edelman as vice chair of […]