The United States (US) will impose new tariffs of between 10% and 12.5% on imports from most major trading partners, its biggest move yet to reconstruct US President Donald Trump’s tariff wall that was pierced by the Supreme Court, Bloomberg reported on Thursday. The duties target key economic partners, including the…
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Commerzbank’s Charlie Lay reports Bank Indonesia kept the BI Rate at 5.75%, choosing targeted capital-flow incentives over further tightening to support the Indonesian Rupiah. BI cut hedging costs and improved macroprudential liquidity tools, echoing RBI’s playbook. Lay notes USD/IDR’s pullback gives some breathing room, but warns the Rupiah is still vulnerable and another 25 bp hike later this year cannot be ruled out.Capital-flow tools to back rupiah”Bank Indonesia (BI) left the BI Rate unchanged at…
Who can forget the airport chaos that ensued during the partial government shutdown in March?…
EUR/USD trades on the back foot on Thursday as the expanding war in the Middle…
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This as-told-to essay is based on a conversation with Jessica Chalk from Sydney. It has been edited for length and clarity.I work with my mom for the business she founded, so I notice any little behavioral changes. The first was 10 years ago, and it was subtle.Mom also taught floristry…
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Fidelity Investments released its 25th annual estimate of retiree healthcare costs, which revealed a significant jump from a year ago as medical care and related expenses become more expensive. The report estimated that a 65-year-old who retires in 2026 can expect to spend an average of $185,500 on healthcare and…
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Shenandoah was the first national park I worked for, and it didn’t disappoint in terms of natural beauty and things to do. It’s close enough to Washington, DC, for a day trip and offers a great variety of short hikes.On my days off, I loved exploring the northern half of…
