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More than 2,000 flights canceled as East Coast storms hit

At least 7,000 flights were disrupted Tuesday as severe thunderstorms swept across the East Coast, snarling air travel at some of the nation’s busiest airports. More than 2,000 flights within, into or out of the United States were canceled, while over 5,000 others were delayed, according to FlightAware.The storms prompted…

Range-bound trading holds near-term against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang expects USD/SGD to stay confined to tight ranges in the near term, with intraday price action lacking clear momentum. The strategist still flags a medium-term risk of a break below 1.2860, though the probability is low while resistance at 1.2930 caps the upside. A deeper correction would likely find solid support near 1.2805.Dollar-Singapore Dollar stuck in tight band”24-HOUR VIEW: USD closed little changed at 1.2920 (+0.09%) last Friday.…

Finance news

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Business

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Miami cost of living tops New York City for first time, analysis finds

The financial math behind fleeing high-tax states for a Florida paradise is hitting a major roadblock. While the absence of a state income tax in the Sunshine State remains a powerful draw for transplants, a combination of rising property taxes, soaring property insurance premiums and everyday inflation has pushed Miami’s…

Markets

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Tesla investors want answers about a potential merger with SpaceX

Whispers that Elon Musk might combine Tesla and SpaceX are growing — and investors want answers.Shareholders took to an online Tesla investor forum to submit questions for executives ahead of the company’s second-quarter earnings and clamor for more details about a rumored merger with SpaceX.”Will SpaceX merge with Tesla?” asked…

Investing

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