EUR/USD falls under 1.1600 as the US Dollar gains strength from strong Retail Sales figures.
The strength of the US dollar is causing the EUR/USD to dip below 1.1600. US retail sales exceeded expectations for June, rising by 0.6% month-on-month. Inflation in the Eurozone remained stable in June, with a headline CPI of 2.0% and core CPI at 2.3%, matching forecasts. The Euro (EUR) continued its downward trend against the […]
We’re selling gains in a strong stock just in case its earnings don’t meet high expectations.
Jim Kramer’s charity trust recently sold 10 shares of Ge Vernova for approximately $579.30, reducing its stake in the company from about 1.27% to 1.1%. While the trust has seen solid profits from its position, the decision to sell was influenced by concerns that upcoming earnings may not meet the high expectations of the market. […]
Shane Gillis’ ESPYs speech created a strong divide online
On Wednesday night, Shane Gillis made sure no one was off-limits, whether in sports or beyond. He tackled almost every topic under the sun during his chaotic monologue at the ESPY Awards in Los Angeles. From Aaron Rodgers and his vaccine doubts to Caitlyn Clark’s possible future in the WNBA, Gillis also joked about Bill […]
Jair Bolsonaro Expresses His Strong Affection for Trump and the United States
Bolsonaro Praises Trump in Recent Interview Former Brazilian President Jair Bolsonaro labeled President Donald Trump as “passionate” and expressed that Trump treated him “like a brother.” This statement came during an interview with a Brazilian outlet, Poder 360, marking Bolsonaro’s first public appearance since a Brazilian prosecutor called for his conviction in an ongoing trial […]
Alina Habba, chosen by Trump for NJ’s US Attorney, receives strong support from law enforcement but encounters resistance from Democratic senators.
Challenges for Trump’s US Attorney Nominee in New Jersey President Trump’s nominee for the U.S. Attorney position in New Jersey is seeking backing from prominent law enforcement figures across the nation. However, hurdles remain, particularly from Democratic Senators in the state, as her interim status is set to expire in two weeks. Alina Haba, a […]
Chicago and Denver among 21 million at risk of intense storms with heavy hail and strong winds
Severe Storm Potential Across the Midwest On Wednesday, there’s a significant risk of a major storm stretching from Milwaukee and Chicago all the way to Denver and the Eastern Rockies. The Storm Prediction Center has designated parts of Illinois, Wisconsin, and Colorado with a “slight” risk for severe weather. Cities in this alert include Milwaukee, […]
Angel Reese’s social media message from RG3 prompts strong reaction from Shaq
Shaquille O’Neal Reacts to Robert Griffin III’s Comments About Angel Reese Basketball legend Shaquille O’Neal has weighed in on former NFL player Robert Griffin III’s comments regarding Chicago Sky forward Angel Reese. O’Neal appeared to be quite frustrated after Griffin defended Reese and shared a racially insensitive image that depicted her as a monkey, originally […]
Pound Sterling bounces back after strong UK inflation figures
Key Updates for Wednesday, July 16th Pound Sterling and US Dollar (USD) are making headlines today. The USD index is likely to pull back from the recent multi-week high it reached on Tuesday. Expect producer inflation data for June and industrial production figures to be released later, alongside speeches from various Federal Reserve officials. Additionally, […]
JPMorgan’s Dimon: US economy is strong, yet major risks remain
Economic Insights from JPMorgan Chase Jamie Dimon, the CEO of JPMorgan Chase, shared insights on the US economy during a recent update. He remarked that the economy is holding strong up to the second quarter of this year, though he did point out some possible challenges ahead. Dimon emphasized the resilience of the US economy […]
Trump believes Cuomo has a strong chance in the NYC mayoral election against Mamdani
President Donald Trump has expressed confidence in former New York governor Andrew Cuomo’s prospects in the New York City mayoral race, particularly against Democratic candidate Zoran Mamdani. “You think he has a good shot in winning,” Trump remarked to reporters during a Tuesday briefing. This statement came shortly after Cuomo declared his intention to continue […]