Join Us Monday, June 29
Sterling resilient but Euro cross supported – ING

Francesco Pesole at ING highlights the Pound’s resilience despite shifting expectations around the next United Kingdom (UK) Chancellor, with markets seemingly relaxed about fiscal risks. Nonetheless, ING’s short-term fair value model shows EUR/GBP modestly undervalued and Bank of England (BoE) pricing too hawkish, leading them to see upside risks and…

California law forces streaming platforms to lower volume on loud ads

California viewers fed up with blaring streaming ads may soon get some relief. Starting this Wednesday, July 1, streaming platforms serving California consumers will be barred from running commercials at a higher volume than the shows, movies or other video content they interrupt.The bill, SB 576, was signed into law last October by Gov. Gavin Newsom and extends a long-running television rule to the streaming era. Federal law already requires commercials on broadcast and cable…

Business

View More
Los Angeles delays  minimum wage for hotel workers amid layoff fears

Los Angeles officials have delayed implementation of a controversial plan to raise the minimum wage for hotel and airport workers to $30 an hour after the hospitality industry warned the mandate could result in layoffs, reduced hiring and increased automation. The measure, often referred to as the “Olympic Wage,” was…

Markets

View More

Investing

View More