Walgreens quarterly profit beat helped by higher drug prices, cost cuts
Stephen Wieting, Chief Economist at Citi Global Wealth, joins Making Money to discuss investing in the Great Market Reset. U.S. pharmacy chain Walgreens Boots Alliance on Thursday cut its dividend by almost half in a bid to save more money, even as the company reported a better-than-expected quarterly profit thanks to cost-cutting measures. Rising drug […]
USD/JPY stays underpinned by higher bond yields so far on the week – ForexLive
USD/JPY movements continue to be heavily linked to movements in bond yields, and more specifically US Treasury yields. This is evident in the hourly chart below. USD/JPY vs. US government bond 10-year yield (%) hourly chart The recovery of the 10-year bond yield to near 4% has also led to a rebound in USD/JPY from […]
Republican Rep. Kevin Kiley Says President Gay’s Resignation Signals ‘Moment Of Reckoning’ For Higher Education
California Republican Rep. Kevin Kiley said Tuesday that former Harvard University president Claudine Gay's resignation signals “a time of reckoning in higher education,” adding that “how bad the situation has gotten” on campus. He pointed out whether there were any. Kylie appeared on “The Bottom Line with Dagen & Duffy” and spoke about Gaye's recent […]
Forexlive Americas FX news wrap 2 Jan: The USD and yields move higher. Stock lower. – ForexLive
The year opened with countertrend movements in yields, the US dollar, and stocks. In terms of yields, the US dollar was mostly low compared to major currencies in 2023. The exception was against JPY. NZD and AUD remain almost unchanged over the year. Currently, the US dollar has finished as the strongest of the major […]
Dollar edges higher ahead of key economic data, including payrolls By Investing.com – Investing.com
©Reuters Investing.com – The U.S. dollar edged higher in early European trading on Tuesday ahead of this week's key economic data that could provide clues about the U.S. Federal Reserve's next move. As of 4 a.m. ET (9 a.m. Japan time), the dollar was trading 0.1% higher at 101.125 against a basket of six other […]