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EUR/USD jumps above 1.1700 on Powell’s dovish words

Dovish Federal Reserve Chair Powell’s words put the US Dollar in sell-off mode.Wall Street rallies on fresh hopes for a September interest rate cut.EUR/USD regains the 1.1700 mark, aims to retest the 1.1730 level.The US Dollar (USD) collapsed as Federal Reserve (Fed) Chair Jerome Powell delivered his speech at a…

Cracker Barrel removes Uncle Herschel from logo, faces customer backlash

Cracker Barrel has found itself at odds with its fans after removing “Uncle Herschel” from its logo. The company unveiled its revamped text-only design, sparking backlash and sinking its stock price. The original 1969 logo was also text-only, but the 1977 addition of the now-iconic imagery became a staple of its branding.While fans worry that the rebranding is a symbol of larger cultural changes in the company, Cracker Barrel CEO Julie Felss Masino downplayed the…

Finance news

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Bode’s Custom Jackets Are a Popular Fashion Investment; How to Buy One

When vintage shop owner Chandler Lesesne West got married in April, her husband, Connor Webb, didn’t wear a tuxedo.Instead, he donned a corduroy jacket covered with hand-painted images that meaningfully nodded to their relationship.It wasn’t a DIY project, though. The couple spent $2,100 on the custom piece from Bode, a…

Business

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Trump announces tariff investigation into furniture imports

President Trump announced on Friday that his administration is launching a probe into furniture imports to determine new tariff rates on pieces entering the country. “I am pleased to announce that we are doing a major Tariff Investigation on Furniture coming into the United States,” Trump posted to his Truth…

Markets

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Investing

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