United States first-tier data releases showed why it is the world’s largest economy.The Federal Reserve will announce its decision on monetary policy in the American afternoon.GBP/USD trades at its lowest since mid-May, without signs of downward exhaustion.The GBP/USD pair shed over 60 pips early in the American session on Wednesday…
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A 65-year-old retiring in 2025 can expect to pay $172,500 on average for healthcare and medical expenses throughout retirement. That’s according to Fidelity’s 2025 Retiree Health Care Cost Estimate, which is up 4% from the year before. It highlights the general upward trajectory of health-related expenses that have occurred since Fidelity’s first estimate of $80,000 in 2002. The report underscores an even bigger issue: 17% of all respondents have taken no action at all when it…
Jain Global launched last July with great fanfare and even greater expectations. It landed with…
There is room for Australian Dollar (AUD) to test 0.6500 against US Dollar (USD); a…
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Starbucks isn’t giving up on its China dream and is seeking a helping hand to run its stores there.CEO Brian Niccol said in an earnings call on Tuesday that the Seattle-based coffee chain is looking for a local partner to manage its stores in China. The country is Starbucks’ second-largest…
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Romantic relationships can easily develop in the workplace, but regardless of who is involved, they can be considered “thorny” from a legal liability standpoint. That’s according to Misty Marris, a trial attorney and legal analyst. In particular, when these relationships go wrong, it can lead to significant risk in the workplace,…
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Starbucks’ grab-and-go stores are on the way out.On Tuesday, the coffee store chain announced that it’s discontinuing its mobile order-only store model.Around 80 to 90 pickup-only locations in the US, many of which are located in office buildings and offer no seating, will be phased out, said CEO Brian Niccol.…
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The Federal Market Open Market Committee expects interest rates to move down in 2025. Fixed income markets see two cuts coming, taking rates to 3.75% to 4% by December as the most likely outcome, down from 4% to 4.25% today. However, for quite some time the labor market has held…
