Canadian Dollar falls to its lowest point since July 9, targets 1.4200 against strong USD.
USD/CAD Continues Upward Movement The USD/CAD pair is maintaining its three-week upward trend, reaching its highest level since July 9 and getting close to the 1.4200 level during the Asian trading session on Tuesday, spurred on by a strong US Dollar (USD). The USD Index (DXY), which measures the Greenback against other currencies, is holding […]
Dow drops 350 points as oil rises above $100 for the first time since July
On Wednesday, stock prices took a downturn, and Treasury yields increased as oil prices soared past $100 a barrel, raising fears about inflation and a possible Federal Reserve interest rate hike. The Dow Jones Industrial Average fell by 367 points—about 0.7%—around 10:00 a.m. ET, with the S&P 500 and Nasdaq both dropping 0.3%. Brent crude […]
July PCE: Fed’s preferred measure of inflation stayed high
Inflation Data Rises Slightly Above Expectations The inflation measure favored by the Federal Reserve saw a minor uptick in July, with price increases staying above the central bank’s target range. According to the Commerce Department’s report released on Wednesday, the personal consumption expenditures (PCE) index rose by 0.2% from June to July, and year-over-year, it […]
Trump attributes dead grass on National Mall to vandals after his 4th of July event.
President Donald Trump has spoken out against the vandalism that has left large sections of the grass dead on the National Mall, particularly near the World War II Memorial. This area, remember, is where he previously addressed crowds during the Fourth of July celebrations. In his remarks, Trump didn’t back up his accusations with any […]
Trump alleges that vandals harmed the grass on the National Mall where the July 4 event took place.
Secretary Burgum condemns vandalism targeting National Mall amid new threats Interior Secretary Doug Burgum has expressed concern over a troubling trend of vandalism at the National Mall, notably pointing to the significant damage at the Lincoln Memorial Reflecting Pool. He has shared details about the ongoing restoration efforts and the increased security measures, along with […]
Abdul El-Sayed’s sister voices her frustrations about July 4th and Thanksgiving in critical holiday posts.
This is the Holiday Killjoy family. Eman Abdelhadi, the sister of Michigan Democratic Senate candidate Abdul El-Sayed, has also distanced herself from conventional American holidays, echoing concerns her brother has faced regarding his views on the Fourth of July, Thanksgiving, and even football. Abdelhadi, who works as an assistant professor at the University of Chicago, […]
Producer Price Index Indicates No Inflation in July
The US Producer Price Index Shows Positive Signs The Bureau of Labor Statistics reported on Thursday that the producer price index (PPI) remained stable in July, in contrast to a 0.3% drop observed the previous month. Economists initially predicted a 0.2% increase in this broad measure of prices that businesses pay. Year-over-year, producer prices have […]
Two men charged in Coney Island mass shooting during family cookout on July 4th.
Two men are now facing 88 charges related to a shooting at a July 4 barbecue in Coney Island that resulted in injuries to eight people, among them four children, and the death of a puppy, prosecutors revealed this Wednesday. Robert Smith and Kevin Brandt, both 44, were charged earlier this month with attempted murder […]
Private sector creates 44,000 new jobs in July 2026 report
July Job Growth Report ADP, a payroll processing company, reported on Wednesday that private sector employment grew by just 44,000 jobs in July. This number fell short of the anticipated increase of 70,000 and came in well below the revised figure of 95,000 jobs added in June. Nela Richardson, ADP’s chief economist, noted that “Job […]
July Sees Further Drop in Inflation as Prices for Prescription Drugs, Gasoline, and Groceries Decrease
Consumer Prices Show Gradual Increase After June Decline The Consumer Price Index (CPI) saw a slight increase of 0.1% in July, following a drop earlier in June, according to the Labor Department. Year-over-year, this marks a 3.4% rise in consumer prices. This uptick aligns with what experts anticipated. In June, the CPI rose by 3.5% […]