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EUR/USD climbs as US Dollar weakens on trade tensions

Euro edges higher amid Dollar pressure after White House pushes tariffs on Chinese ships, fueling global trade risks.Trump reportedly furious with Fed Chair Powell; adviser says President reviewing legality of dismissal.ECB’s Muller says lower energy prices and tariffs justify rate cut, though warns fragmentation may fuel inflation ahead.The Euro advances…

Why a 60/40 stock, bond portfolio needs a makeover

The 60/40 portfolio, stocks to bonds, has long been the tried-and-true method for those building their retirement nest eggs with a safety net of diversification. But times, they are a-changing and BlackRock CEO Larry Fink is advising a makeover.  “Generations of investors have done well following this approach, owning a mix of the entire market rather than individual securities. But as the global financial system continues to evolve, the classic 60/40 portfolio may no longer…

Finance news

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Business

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Dallas Cowboys’ CeeDee Lamb ‘choosing better’ with Bodyarmor

CeeDee Lamb wants to “choose better” on and off the field. On the field, Lamb chose to stay with the Dallas Cowboys on a $140 million deal, and after injuries shortened quarterback Dak Prescott’s season, he’s choosing to throw the 2024 season “in the trash” and help the Cowboys back…

Markets

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The Oral Microbiome: Cleaning Your Teeth Could Help You Live Longer

You may know that caring for the bugs in your gut, or the gut microbiome, could help you live longer. But a different collection of micro-organisms is getting attention for its health credentials.Researchers have known for decades that people with problems like gum disease, cavities, and missing teeth, are more…

Investing

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The Trends, The Support Levels

The trends of the major indexes are identifiable by examining the direction of price and, more significantly, of the moving averages. The support levels are those price areas where buyers previously overcame sellers and the trend changed from down to up. A test of such levels – did price stop…