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British Pound stalls as UK GDP shrinks, diplomacy boosts risk mood

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…

Upside risks persist on resilient data – BBH

Brown 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…

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Chick-fil-A adds Mac & Cheese Kids Meal as first non-chicken entrée

Chick-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…

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Investing

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