Forex
Why de-dollarization discussions are more talk, less action
BRICS leaders reaffirmed at their summit their intention to expand trade in local currencies to reduce dependence on the U.S. dollar. However, experts say the bloc lacks the unified...
Forex
Inflation killed the penny. Now it’s coming for your dollar.
Inflation has made the penny obsolete in the United States, as it now costs more to produce than its face value. The U.S. Congress...
Forex
Trump’s tariffs slashed jobs and wage growth. Now companies are funneling their chunk of the $100 billion in refunds to supplement workers’ retirement
Following the Supreme Court's overturning of Trump's IEEPA tariffs, over $100 billion in import tax refunds have been distributed to American importers since May....
Forex
Gen Z dreams of a ‘Ralph Lauren Christmas’ in a dollar store American economy
This holiday season, the "Ralph Lauren Christmas" trend is sweeping social media, with searches on TikTok and Instagram surging over 600% compared to last...
Forex
It might be time to consider the ‘most hated, under-owned asset class,’ says this strategist
Vincent Deluard, market strategist at StoneX, recommends investing in British equities paired with a short position on the euro against the Japanese yen. This...
Forex
Car ownership costs an average of $5,851 a year on top of auto loan payments, analysis finds
American drivers spend an average of $5,851 per year on car ownership costs beyond their monthly loan payments, according to research from Insurify. Full-coverage...
Forex
Former CIA official found with $40 million in gold bars for ‘work-related expenses’ reaches tentative plea deal
Former CIA official David J. Rush has reached a tentative plea deal after being charged with theft of public money for fraudulently inflating his...
Forex
The trade deficit with Canada that’s upset Trump so much is due to crude the U.S. buys at a discount for the Midwest. ‘It’s...
President Trump imposed 50% tariffs on $20 billion worth of Canadian products to protest what he describes as discrimination against American exports, prompting Canada...
Forex
(Sm)all banks should compete on technology, not fear it
Between June 2019 and March 2026, U.S. community bank deposits grew roughly 26 %, or about $482 billion, despite the rise of stablecoins. Independent...
Forex
The U.S. Open turned exclusivity into a half-billion-dollar business, and the $23 Honey Deuce is just the beginning
The U.S. Open generated $559.6 million in operating revenue during its 2024 edition, up 9% from $514.1 million in 2023, with an operating margin...
Forex
Europe is still waiting for a trillion-dollar company. Here’s PitchBook’s frontrunner
While U.S. tech giants reach eye-watering $5 trillion valuations, Europe still lacks a single company in the trillion-dollar club. Dutch semiconductor firm ASML, based...