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Yen steadies, dollar slips as China reaches for stimulus By Reuters – Investing.com

Written by Tom Westbrook SINGAPORE (Reuters) – A sharp rise in the yen stabilized on Monday as Japan's next prime minister suggested monetary policy should remain accommodative, but the dollar remained buoyed by investors' hopes for an improvement in China's economy. The currencies of resource-rich countries fell. Japan's yen soared on Friday after Shigeru Ishiba, […]

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 […]

Morgan Riddle hypes up Taylor Fritz as he reaches US Open semifinal

Taylor Fritz is going where he's never been before in a Grand Slam, and his partner is showing some love. Fritz beat fourth-seeded Alexander Zverev 7-6 (2), 3-6, 6-4, 7-6 (3) on Tuesday afternoon to reach the U.S. Open semifinals. His longtime girlfriend, Morgan Riddle, was thrilled by the moment. When Fritz reached the final […]

401(k) millionaires reaches record high: Fidelity

The number of 401(k) accounts with assets of more than $1 million hit an all-time high in the second quarter of 2024. analysis Fidelity Investments. There were about 497,000 so-called 401(k) “millionaires” last quarter, up 2.5 percent from 485,000 in the first quarter, according to a Fidelity analysis of 24 million 401(k) accounts across 26,000 […]

Consumer confidence reaches six-month high, but labor market worries rise

Claman Countdown panelists Scott Redler and Michael Landsberg weigh in on the possibility of a recession. We Consumer Confidence Although Americans are growing increasingly worried about the labor market after last month's rise in the unemployment rate, rising optimism about the economy helped push the unemployment rate to its highest level in six months in […]

Donald Trump Reaches Agreement for Debate Against ‘Comrade Kamala Harris’

Former President Donald Trump announced Tuesday that he has finally come to an agreement with “radical left Democrats” for a debate with “comrade Kamala Harris” to take place on Tuesday, Sept. 10 on ABC. Harris initially announced she was “ready” to debate Trump in late July, but details such as the rules for the debate […]