St. Francis of Assisi’s Remains Showcased for the First Time
Public Display of St. Francis Bones in Assisi ASSISI, Italy – For the first time, the bones of St. Francis of Assisi have been publicly displayed, giving his hometown in Umbria a fresh draw for pilgrims. This event is both exciting and concerning for Assisi Mayor Walter Stoppini, residents, and the Franciscan friars, who are […]
“It always remains,” says the widow of a fallen NYPD officer.
The widow of a New York state police officer who died while on duty might have her property taxes cut by as much as 50% due to a new law. Governor Hochul enacted this legislation in December, but it requires approval from the local governments where the widows reside in order for the rebate to […]
Weekly outlook: US Dollar remains stable as PCE inflation increases and GDP shows weakness
On Friday, the US dollar (USD) remained stable following the release of important economic data, while the US dollar index (DXY) noted a respectable weekly increase of nearly 1%. Core personal consumption expenditures (PCE) showed a year-on-year rise of 3% in December, which exceeded market predictions. This suggested inflationary pressures are climbing, providing a boost […]
President Trump remains hopeful despite SCOTUS overturning tariffs.
Trump Responds to Supreme Court’s Tariff Ruling Shortly after the Supreme Court’s decision on President Trump’s tariffs under the International Emergency Economic Powers Act, he took to Truth Social to share his thoughts. While the ruling didn’t go his way, his reaction was surprisingly optimistic. On Friday afternoon, Trump posted a message that conveyed an […]
As the US economy significantly slows down, the Fed’s favored measure of inflation remains high, probably delaying interest rate cuts.
U.S. Economic Growth Slows as Inflation Concerns Rise The latest economic report suggests a notable deceleration in U.S. economic growth, raising questions about the Federal Reserve’s ability to implement further interest rate cuts. On Friday, new data from the Commerce Department revealed that gross domestic product (GDP) increased at an annualized rate of just 1.4% […]
Central bank indicates potential interest rate increases if inflation remains high above target
Federal Reserve’s Interest Rate Decision and Economic Outlook John Wronsky from the Wronsky Group has been analyzing recent developments concerning the Federal Reserve’s interest rate strategy, including President Donald Trump’s anticipated economic address and his proposition to cap credit card interest rates for Bernie & Company. In a largely unified decision, Federal Reserve policymakers opted […]
USD/JPY Price Outlook: Remains steady at important support around 152.00
On Wednesday during European trading, the USD/JPY pair saw a slight increase of 0.27%, hovering around 153.70. The Japanese yen has gained strength, even as it lags behind major currencies. This shift comes amid expectations that Prime Minister Sanae Takaichi will unveil significant spending initiatives in the upcoming fiscal budget aimed at stimulating economic growth. […]
Tiger Woods remains hopeful about the Masters after recent back surgery.
Tiger Woods Eyes Masters Return Amid Ongoing Recovery In just a couple of months, Tiger Woods might be back at Augusta National. Although he missed a major tournament last year, he hasn’t ruled out the possibility of returning to the Masters. When asked by reporters if he might play this April, Woods simply replied “no,” […]
Forex Today: US Dollar remains steady as markets anticipate FOMC Minutes, UK CPI, and US PCE
Here’s what you need to know on Tuesday, February 17th. On Monday, most major currency pairs showed little change, as US stock and bond markets were shut for President’s Day. In the coming days, the economic landscape might get a bit more intense, with crucial reports on jobs and inflation in the UK, along with […]
Yen declines following weak growth data; dollar remains stable
This illustration shows yen and dollar bills for March 2023. The yen fell today, reversing some of last week’s strong gains on weak growth data, while the dollar firmed as recent inflation data confirmed the Federal Reserve’s view that it will cut interest rates this year. LONDON >> Today, the yen weakened due to disappointing […]