Mexican Peso erases previous gains on global geopolitical developments and dovish comments from Banxico’s Governor. Victoria Rodríguez Ceja’s dovish stance on continued rate cuts reflects efforts to manage inflation amidst economic challenges. Geopolitical risks remain heightened as military actions in Ukraine influence USD/MXN’s volatility. The…
Who is Cher’s boyfriend Alexander Edwards? The 38-year-old music executive has a son with Amber Rose
Cher is dating Alexander Edwards, a music executive and producer.Edwards has worked with Def Jam and Sony Music. He co-produced a song for Cher’s 2023 holiday album.He has a 5-year-old son named Slash, who’s mentioned in a footnote in Cher’s new memoir.After six decades of iconic hits and tumultuous relationships,…
Milan has dethroned New York City as home to the world’s most expensive street in retail.Via Monte Napoleone boasts annual rents of $1,959 per square foot, per a new report.Luxury giant Kering recently purchased a $1.4 billion building in the elite district.New York City’s Fifth Avenue has been dethroned as…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins reiterated on Wednesday she believes the U.S. central bank has more interest rate cuts ahead as it seeks to normalize monetary policy while inflation pressures ease. “I expect additional adjustments will likely be appropriate…
(Reuters) -Elon Musk and Vivek Ramaswamy said the government efficiency panel that President-elect Donald Trump has named them to lead will follow recent U.S. Supreme Court rulings that they say can be used to take power away from federal agencies and reduce regulations the two call unnecessary, costly and inefficient.…
Investing.com — Oil prices are shaping up to test new lows next year, Macquarie said, as the market appears to be pricing in a large crude surplus at a time when the demand outlook looks bleak. “We expect oil prices to test new lows next year as geopolitical risk subsides…
By Matt Tracy WASHINGTON (Reuters) – Asset manager PineBridge Investments said in…
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It’s been two weeks since the US presidential election outcome that sent…
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(Reuters) – Goldman Sachs CEO David Solomon expects capital markets to be…
POLITICS
View MoreBy John Kruzel and Andrew Chung WASHINGTON (Reuters) – Republican Donald Trump’s return to the presidency is expected to precipitate a shift in the U.S. government’s legal stance in major cases pending at the Supreme Court, including a closely watched dispute involving Tennessee’s ban on gender-affirming medical care for transgender minors. After Trump succeeds Democrat Joe Biden on Jan. 20, other big cases in which the new administration could change positions include ones involving the largely untraceable firearms called “ghost guns,” nuclear waste storage, flavored vape products and securities fraud, according to legal experts. Trump on Wednesday tapped Republican congressman…
By Gram Slattery, Andrew Goudsward, Patricia Zengerle and Sarah N. Lynch (Reuters) – U.S. President-elect Donald Trump chose loyalists with little experience for several key cabinet positions on Wednesday, stunning…
By Andrew Goudsward and Sarah N. Lynch WASHINGTON (Reuters) -President-elect Donald Trump on Wednesday named incendiary Republican U.S. Representative Matt Gaetz to be his nominee for attorney general, selecting an…
By Michael Martina WASHINGTON (Reuters) – With his nomination of China hardliner Marco Rubio for secretary of state, U.S. President-elect Donald Trump has signaled his policy toward Beijing could go…
Markets
View MoreBy Timothy Gardner WASHINGTON (Reuters) – The U.S. Department of Energy said on Wednesday it has awarded up to $2.2…
Finance
View MoreWomen are making history both on and off the silver screen.From first-time wins to fighting for equal pay, women are helping lead changes in representation.In 2024,…
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GBP/USD declines following a surge in UK inflation, raising prospects of a…
Investing
The Federal Reserve cut interest rates by an “historic” 50 basis points. Then, interest rates soared. Wait. What? The Federal Funds Rate is a target (technically a target range) that influences short-term rates in the economy. Money market funds, for example, pay interest based on this benchmark. They pay 0.5%…
Economy
By Howard Schneider CHARLOTTESVILLE, Va. (Reuters) – U.S. inflation continues to ease,…
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Boom Supersonic conducted its eighth flight test on Saturday.Its CEO said it’s…
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