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US Dollar Index hits more than one-month highs on Iran tensions and hawkish Fed bets

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, extends its rally on Tuesday, climbing near more than one-month highs as stalled US-Iran negotiations and hawkish Federal Reserve (Fed) expectations support the US Dollar. At the time of writing, the index is trading around 99.33, up nearly 0.35% on the day.With no clear end in sight to the Middle East conflict and the Strait of Hormuz remaining…

Finance news

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Business

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Gen Z more financially independent as saving rates rise, study finds

Young Americans are working to save money for their future goals and retirement despite housing costs straining their budgets, a new report finds. Bank of America on Tuesday released its latest Better Money Habits study of how adult members of Gen Z are handling their finances in adulthood. It found…

Markets

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Gen Z’s AI backlash is getting louder

Corporate America and Silicon Valley have been taught a new lesson: don’t praise AI during a commencement speech unless you’re OK with getting booed at by students. Loading audio narration… AI anxiety is growing and, in some cases, it’s boiling over into public backlash. The 2026 graduation season has seen…

Investing

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