The Pound Sterling turned negative on Friday against the US Dollar after data from the UK showed the economy contracted in April, while an agreement between the US and Iran improved risk appetite. Yet the Greenback erased its earlier losses and traded above its opening price. At the time of…
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See AllBrown Brothers Harriman’s Elias Haddad notes that the positive shift in US-Iran relations initially weighed on the US Dollar (USD), but he still expects the USD to edge higher near term. Haddad highlights resilient US economic activity and warns that the May PPI surge is a red flag for the US economy, posing risks of margin compression or higher consumer prices.Dollar supported by resilient US data”USD dropped against most currencies on news of the positive…
More than 17,000 coffee makers were recalled over a burn hazard that can cause serious…
The AUD/USD pair is down 0.22% to near 0.7035 in the early European trade on…
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View MoreNo serious Taylor Swift fan would say “Welcome to New York” is her most romantic song, but in a fascinating twist of fate, that may be the song that best describes her long-awaited wedding day.At the very least, the flashy pop hit — “The lights are so bright, but they…
Business
View MoreChick-fil-A has added a new entrée option to its Kids Meal lineup, introducing a Mac & Cheese Kids Meal at restaurants nationwide. The meal is available now and includes an entrée, side item, drink and prize.The launch marks the first time Chick-fil-A has offered macaroni and cheese as a standalone…
Markets
View MoreOn a chilly winter day, Julius Mondragon stepped into a half-empty car on the Metra train line in Chicago.”Computah, activate hyperspeed typing,” he commanded a random woman typing away on her laptop. “Computah, make these two guys friends forever,” he said to two men sitting together, as they looked up,…

























































