OCBC’s Christopher Wong notes that USD/IDR has pulled back as a softer Dollar and lower UST yields support the Indonesian Rupiah. He highlights Bank Indonesia Governor Destry Damayanti’s emphasis on a stability-first approach, prioritizing Rupiah and macro stability while still supporting growth. Wong sees near-term support for IDR but flags…
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A US Army commander wrote in a new opinion article that a recent combat training exercise against Ukrainian soldiers showed that armor like infantry fighting vehicles and tanks can still survive and make a difference on battlefields swarming with drones, but troops have to be able to adapt, to flexibly change how they move, hide, and fight.During the simulated battle, his troops saw how persistent drone surveillance exposed their movements and put their combat vehicles…
Labor Day travelers are facing higher costs for flights and hotels as they head out…
Silver (XAG/USD) trades around $66.20 at the time of writing on Friday, down 1.18% on…
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As summer transitions into fall, nothing says cozy weather quite like a gooey, baked mac and cheese.Celebrity chefs Ina Garten, Martha Stewart, and Ree Drummond all have their own recipes for baked mac and cheese, so I decided to put them to the test.The recipes took different approaches. Martha Stewart…
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View MoreThis story about the August 2026 jobs report will be updated with further details. The U.S. economy rebounded in August, adding jobs at a solid pace after a surprise decline in July amid economic uncertainty.What are the key findings of the August 2026 jobs report? The Bureau of Labor Statistics on…
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Nvidia has built a nearly $100 billion equity portfolio from virtually scratch in just two years by investing in other tech companies.The AI chipmaker, led by CEO Jensen Huang, held $99 billion in equity investments as of July 26, according to its latest earnings report.That included roughly $48 billion in publicly…
