Deutsche Bank strategists note that tech weakness extended from the Magnificent 7 and Apple into Asian markets, weighing on risk sentiment and US equity futures. However, gains in semiconductors, led by Micron, alongside strength in small caps and equal-weighted stocks, showed that the broader US market backdrop was more mixed…
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The AUD/USD pair edges lower to around 0.6900 during the Asian trading hours on Friday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) on the expectation of US rate hikes later this year. The release of the Michigan Consumer Sentiment Index report will be the highlight later on Friday.US inflation increased further in May, with the headline Personal Consumption Expenditures (PCE) Price Index climbing 4.1% YoY, compared to 3.3% in April, the US…
West Texas Intermediate (WTI) spent Thursday doing its now-familiar trick of grabbing a geopolitical bid…
We arrived at Acadia National Park with a set itinerary, but we didn’t realize how…
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This as-told-to essay is based on a conversation with Rodney Rikai. It’s been edited for length and clarity.I’m 40 years old, and for my entire adult life, I’ve been a father.My youngest son is graduating from high school and heading to Morehouse College in Atlanta this fall. He’s interested in…
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The race to succeed America’s top banker is on. Sources inside JPMorgan Chase, the nation’s top bank, say the elevation of two senior executives Doug Petno and Troy Rohrbaugh as co-presidents of the company, sets up a long-awaited horse race to succeed the voluble Jamie Dimon, its CEO for the past two-plus decades and…
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Like many Western countries, The Bahamas has a lot of fast-food places like McDonald’s, Burger King, and KFC.Still, I get disheartened when I see tourists eat at these spots in downtown Nassau instead of grabbing a table at a local Bahamian eatery. The Bahamas has a rich cuisine, from fresh fish…
