The Japanese Yen (JPY) staged a sharp rebound against the US Dollar (USD) on Friday, raising speculation about potential action by the Japanese Ministry of Finance (MoF). The USD/JPY chart accelerated its reversal from 40-year highs near 163.00, finding support at a previous resistance level of 161.00.Yen’s recovery is lacking…
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A new Costco warehouse and gas station are one step closer to coming to Downey, California, after city leaders approved a development agreement for the project, though not everyone is convinced the area needs another location. The Downey City Council recently voted to move forward with plans for the new warehouse on Firestone Boulevard. City officials say the development is expected to create hundreds of jobs and generate new revenue for public services.Mayor Pro Tem…
Chinese e-commerce giant Alibaba has agreed to pay $600 million and enter into a non-prosecution…
Qatar’s Foreign Ministry spokesperson said that “positive progress” was made on issues related to the…
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“I wish I had good news about eggs, but alas, I do not,” my colleague Emily Stewart wrote back in January 2025 in an article about how eggs are probably just going to be expensive… forever. She talked to a ton of people well placed to know what was driving…
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The Trump administration’s announcement that it doesn’t plan to renew the U.S.-Mexico-Canada Agreement (USMCA) and instead intends to pursue individual trade agreements with its two neighbors. Wednesday marked the sixth year of the USMCA being in effect, a milestone which gave the administration the option of extending the agreement as…
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Washington is throwing a party for America’s 250th birthday this weekend that’s so big the city is shutting down a major airport for nearly 15 hours.The Federal Aviation Administration recently announced that Ronald Reagan Washington National Airport, the closest airport to downtown Washington, D.C., will close from 10 a.m. to…
