USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps – FXStreet
The US dollar/Swiss franc pair soared to nearly 0.8900 after the Swiss central bank cut its main borrowing rate by 50 basis points to 0.5%, in response to expectations for a 25 basis point rate cut. Swiss National Bank Governor Schlegel held off on the option of negative interest rates in his previous comments in […]
November inflation increase won’t derail Fed interest rate cuts
Robust inflation numbers in November show the Fed still has work to do. (iStock) According to the Consumer Price Index (CPI), the annual inflation rate rose to 2.7% in November, slightly higher than the previous month's annual inflation rate of 2.6%. Published by the Bureau of Labor Statistics (BLS). Inflation rose 0.3% on a monthly […]
Clay Holmes’ interest in being a starter led him to sign with Mets
DALLAS — For years, Clay Holmes wanted a chance to return to his roots as a starting pitcher. The Mets were ready to provide that opportunity. On Tuesday, a day after the right-hander's signing of a three-year contract worth $38 million became official, President of Baseball Operations David Stearns said he had spoken with Holmes' […]
EUR/USD slides as ECB is set to cut interest rates by 25 bps to 3% – FXStreet
EUR/USD fell to around 1.0530 as investors awaited major events such as US inflation and the ECB policy meeting. The ECB is widely expected to cut deposit facility rates by 25 basis points to 3% on Thursday. Economists expect U.S. annual core CPI to have grown steadily by 3.3% in November. EUR/USD fell to around […]
Senate Democrats gauging interest in bill to extend tax benefits to Taiwanese companies
Senate Democrats are considering a bill that would give tax breaks to Taiwanese companies and are gauging interest in using a fast-track process to pass the bill. The tax breaks for Taiwan were included as a provision in a larger tax bill that passed the House by a wide margin earlier this year but failed […]
Person of Interest in Brian Thompson’s Death Arrested on Gun Charges
According to Forbes, a man was arrested on gun charges after being brought in for questioning by police in Altoona, Pennsylvania. “Luigi Mangione, 26, has been arrested on firearms charges, New York City Police Commissioner Jessica Tisch said at a press conference.''Forbes reported. Tisch added that Mangione is “considered a person of interest in this […]
Luigi Mangione ID’d as person of interest in UnitedHealthcare CEO Brian Thompson killing
The person of interest identified in the murder of UnitedHealthcare CEO Brian Thompson is an anti-capitalist former Ivy League student who posted online quotes from “Unabomber” Ted Kaczynski furious at the country's medical community. I liked it. Luigi Mangione, a 26-year-old technology genius from Towson, Maryland, was arrested Monday morning after an intense investigation following […]
Person of interest nabbed in fatal shooting of UnitedHealthcare CEO Brian Thompson outside NYC hotel
A high-ranking official has been arrested in connection with the shooting death of United Healthcare CEO Brian Thompson, who was brutally executed in a targeted attack outside a Manhattan hotel this week, the Post reported. Officials said the man was picked up in Altoona, Pennsylvania, using a fake ID. The bust came amid a major […]
Retired NYPD Lt. says person of interest is ‘fascinated’ by attention
A former New York City Police Department (NYPD) lieutenant and former NYPD commander discuss the manhunt for the suspect who shot and killed UnitedHealthcare CEO Brian Thompson and what law enforcement is doing to track him down. is made clear. “He's not a professional, but he's very calculating. He obviously planned this very carefully as […]
Netflix rebroadcast of prison escape series revives interest in 2015 breakout
newYou can now listen to Fox News articles. Although the case is nearly 10 years old, the escape from Clinton Correctional Facility is once again in the spotlight as new viewers take notice. Escape at Dannemora, a fictionalized true-crime series starring Patricia Arquette, Benicio Del Toro and Paul Dano, originally aired on Showtime in 2018 […]