EUR/USD holds steady after losses as attention turns to US PPI and Retail Sales data
EUR/USD Stays Stable, Eyes Upcoming Data The EUR/USD pair is hovering close to the 1.1650 mark, showing little change in its daily performance. Recent data on the U.S. core consumer price index (CPI) released on Tuesday was below expectations. Nonetheless, it hasn’t deterred the strength of the U.S. dollar (USD). Traders are now looking ahead […]
US Dollar Index holds steady above 99.00 before Retail Sales and PPI data
The US dollar index (DXY), which gauges the US dollar’s value against six key currencies, is experiencing a gradual decline after a slight uptick in the previous session. Currently, DXY is around 99.10 as of Wednesday in Asia. Traders are on edge, awaiting the U.S. retail sales and producer price index (PPI) data set to […]
Pound Sterling falls below 1.3450 ahead of US Retail Sales and PPI reports
The GBP/USD pair is hovering around 1.3425 in negative territory during the Asian trading session on Wednesday, primarily due to renewed demand for the US dollar. Traders are preparing for upcoming U.S. retail sales and producer price index data later in the day. According to the Bureau of Labor Statistics (BLS), the U.S. Consumer Price […]
Trump urges Canada to lift US alcohol restrictions as sales slump: report
President Trump is reportedly urging Canada to lift its boycott on American alcohol, especially as recent data indicates that U.S. distilleries are experiencing diminished sales in Canada. Provinces like Ontario, Quebec, and British Columbia have stopped selling U.S. wines and spirits in government-run liquor stores since Trump initiated a trade war last year. This decision […]
Bible Sales Reach All-Time High in the U.S. in 2025 as People Look for Hope in Uncertain Times
In 2025, Bible sales in the U.S. reached an all-time high, driven by social unrest, wars, and a shifting cultural landscape that has many questioning the future. According to Circana BookScan, Bible sales hit 19 million copies, marking a 21-year peak. This represents a 12 percent increase from the previous year and is double the […]
NYC bagel empire with $50 million in sales hit by business partner betrayal: Lawsuit
Bagel Business Torn Apart by Family Feud Trust, loyalty, and a lot of bagels—sounds simple, right? But it seems betrayal has unravelled the success of a $50 million-a-year venture. This Queens-based company, famed for selling 100 million bagels annually, is currently engulfed in conflict over its future. The rift exists between the offspring of founders […]
BYD Leads Tesla in Electric Vehicle Sales in the UK and Germany
In the past year, BYD, a Chinese electric vehicle powerhouse, has overtaken Tesla in vehicle registrations in Europe’s two largest markets for electric cars—the UK and Germany. This marks a significant change in the competitive landscape, with BYD currently outpacing Tesla’s sales in these regions. According to a report, BYD’s recent successes against Tesla highlight […]
White House celebrates positive auto sales in 2025 – but experts caution about a decline this year
New car sales in the United States increased by about 2% in 2025, defying widespread panic over potential negative impacts from President Trump’s tariffs, according to recent analysis. While the White House has claimed that Trump’s policies would lead to higher prices benefiting the auto industry, many manufacturers have delayed passing the full burden of […]
US will manage Venezuelan oil sales for the foreseeable future, says energy secretary
U.S. Restricts Venezuelan Oil Sales Indefinitely On Wednesday, the Trump administration announced it would impose indefinite restrictions on oil sales from Venezuela following the arrest of former leader Nicolas Maduro. Energy Secretary Chris Wright championed this shift, stating the U.S. would start managing the marketing and selling of Venezuelan crude oil just one day after […]
Cox Automotive expects a decline in new vehicle sales in the 2026 market
Cox Automotive’s 2026 New Car Sales Projections Cox Automotive anticipates that growth in new car sales will be somewhat slower in 2026 compared to last year, which surprisingly outperformed expectations. The company predicts that approximately 15.8 million new vehicles will be sold in the U.S. in 2026, marking a decline of 2.4% from 2025. Additionally, […]