USD/INR gains momentum as month-end US Dollar demand drags Indian Rupee lower – FXStreet
The Indian rupee came under selling pressure in early European markets on Wednesday. Weakness in Asian currencies and weakening demand for US Dollar at the end of the month will weigh on the INR. Investors are waiting to hear from Fed Governors Waller and Bostic on Wednesday for fresh impetus. The Indian Rupee (INR) extended […]
Gold price gains ground near the all-time high amid geopolitical risks, Fed rate cut bets – FXStreet
Gold prices continued to rise in Asian markets on Wednesday. The worsening situation in the Middle East and a dovish stance from the Federal Reserve are supporting gold prices. Traders are awaiting speeches from Waller and Bostic on Wednesday. Gold prices (XAU/USD) rose above $2,500 per troy ounce on Wednesday, buoyed by rising geopolitical tensions […]
Economists slam Biden-Harris proposal to tax unrealized capital gains
The Biden administration’s proposal to tax unrealized investment gains, which the Harris campaign has voiced support for, is “insane” and “absurd,” the economist told Fox News Digital. The Biden-Harris administration’s Treasury Department released its revenue proposal for fiscal year 2025 in March. The list of tax proposals includes a plan to include unrealized investment gains […]
Ukraine war briefing: Fierce fighting on Pokrovsk front as Russia claims gains | Ukraine
The Russian army is 53 Attack on the Pokrovsk Front in Donetsk Region Moscow on Thursday pressed Kiev’s forces to seize the town, which is the main operating base of the invading Ukrainian forces in Ukraine. Elsewhere in eastern Ukraine, Russian forces attacked Ukrainian military positions near the settlement of Niu Yoku, which Russia had […]
Jazz Chisholm gains ‘little brother’ at Little League Classic
WILLIAMSPORT, Pa. — Most Yankees players will have fond memories of their first appearance in the Little League Classic. Jazz Chisholm Jr. takes his “little brother” with him. When the Yankees infielder arrived in Williamsport on Sunday, he boarded the club’s shuttle bus and sat next to Russell McGehee, who is competing with Henderson, Nevada, […]
Same-sex marriage protection gains momentum in the Senate | FOX 5 DC
FOX 5’s Katie Barlow reports that a bill to protect same-sex marriage rights is gaining momentum in Congress as concerns grow … source
Sunday shows preview: Harris gains on Trump in key states ahead of DNC
The focus of this Sunday’s show will likely be on Vice President Harris’ rising popularity in key battleground states as the Democratic candidate to challenge former President Trump. Harris has had a whirlwind few weeks since President Biden dropped out of the 2024 presidential race. She has risen to the top of the Democratic field, […]
Gold Price Forecast: XAU/USD trades with mild gains near $2,450, eyes on US Retail Sales – FXStreet
Gold prices were slightly higher around $2,450 in early Asian trading on Thursday. US CPI inflation rose as expected in July. Any signs of escalating geopolitical tensions could rally safe-haven assets such as gold. Gold prices (XAU/USD) snapped a two-day slide early Thursday in Asian trading, rising to near $2,450. A weakening US Dollar (USD) […]
Japanese Yen depreciates as US Dollar gains ground due to higher Treasury yields – FXStreet
The Japanese yen pared its intraday gains despite the hawkish outlook for the Bank of Japan. Japan’s parliament is due to hold a special session to discuss the Bank of Japan’s interest rate hike last month. Weak U.S. Producer Price Index (PPI) data has reduced the chances of a significant Fed rate cut in September. […]
Minnesota teacher pension fund under Walz accused of ‘cooking the books’ with unrealistic gains: report
A leading pension investigator alleges that Minnesota’s public school teachers’ retirement system, under the direction of Gov. Tim Walz (recently named by Vice President Kamala Harris as her running mate), has manipulated financial reports by grossly understating the annual fees it pays to Wall Street investment managers and showing unrealistically high rates of return. New […]