Mexican Peso recovers slightly, breaking three-day losing streak. Mexico’s wider April trade deficit and slower economic growth are reported by INEGI. Banxico minutes show division on rate cuts amid ongoing inflation, emphasizing commitment to price stability. US Durable Goods Orders beat expectations, but March’s figures are revised down heavily. The…

Cardano’s price has dipped 13% from its weekly timeframe peak, sliding as low as $0.46 after the US Securities and Exchange Commission (SEC) approved Ethereum ETFs on May 23. Cardano Loses 13% After Ethereum ETF Approval. Following the approval of Ethereum ETFs, crypto investors have started redirecting capital towards ETH…

High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store.”Grocery prices skyrocketed during the pandemic, and in many cases, they’ve kept going up, even though the pandemic is over,” Sen. Elizabeth Warren, D-Mass., said at a Wednesday Senate hearing.Shoppers may be…

POLITICS

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The White House announced Friday that President Joe Biden will welcome the Super Bowl champion Kansas City Chiefs to the White House on May 31 – but it seems unlikely that football’s most famous fan will be in attendance. It’ll be the second visit in as many years for the Chiefs, who are celebrating the first back-to-back Super Bowl championships in two decades. The visit caps off a particularly high-profile season for the Chiefs after pop superstar Taylor Swift and Chiefs tight end Travis Kelce went public with their relationship early in the season. But, it’s unlikely that Swift will…

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Investing

For a variety of reasons, visionary CEOs may sometimes be off-putting to investors. Visionaries often follow audacious, creative ideas with large risks, which can be disturbing for investors looking for more consistent returns. Their emphasis on long-term objectives and revolutionary initiatives could not fit investors who give short-term returns top…