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EUR jumps 0.7% as sentiment turns decisively positive – Scotiabank
6+ min ago (324+ words) The Euro (EUR) is strong, up an impressive 0.7% vs. the US Dollar (USD) and extending its recovery with a swift retracement of the pullback from its December highs, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. "Comments from…...
Gold and Silver Smash Records as Geopolitical Storm Clouds Gather
11+ min ago (472+ words) Gold and silver have surged to historic highs as investors flee paper risk and geopolitical uncertainty accelerates across multiple fronts. Spot gold jumped 1.6% to $4,668.14 per ounce, while U.S. February futures climbed to $4,674.20, marking fresh all-time records. Silver moved even more aggressively,…...
Interest cap had no ‘significant impact’ on competition among moneylenders - Central Bank
13+ min ago (490+ words) A cap on interest rates implemented by the Central Bank had no "significant impact" on competition among moneylenders, the regulator found in a report on the sector. The cash loan sector has seen a "significant decline" in customer numbers in…...
Trump's timeline for announcing new Fed chair changes again
16+ min ago (268+ words) President Donald Trump will announce his new pick to lead the Federal Reserve by the end of the month, according to one of his top economic lieutenants. "We have four fantastic candidates " it will be up to the president, and…...
Year after inauguration, consumer staples have mixed results
21+ min ago (494+ words) (The Center Square) " One year since Inauguration Day, consumer prices in the capital city of North Carolina are down for milk and beef, up for eggs and a tick higher for bread, according to TCS analysis of a nationally recognized…...
A bill to make Florida electricity more affordable is being endorsed by clean energy advocates
25+ min ago (511+ words) Your electric bill could stop increasing if the Affordable Energy Reform Act " endorsed by clean energy advocates " makes it through the Florida Legislature this session. State Sen. Carlos Guillermo Smith, D-Orlando, wants to change the way electricity rate hikes are…...
How Much Would a $50,000 HELOC Cost Each Month?
27+ min ago (78+ words) A $50,000 HELOC offers flexible access to home equity, but monthly costs can change with interest rates. How Much Would a $50,000 HELOC Cost Each Month? With a home equity line of credit (HELOC), you can use your home's equity to cover…...
Wage Growth Falls as Unemployment Stays at Highest Level for Nearly Five Years
29+ min ago (84+ words) Wage Growth Falls as Unemployment Stays at Highest Level for Nearly Five Years UK wage growth has fallen back once again while the unemployment rate has remained at the highest level for nearly five years as official figures reveal deepening…...
UK House of Lords Committee Report On Growth Of UK Private Markets And Impact On Financial Stability
31+ min ago (63+ words) The House of Lords Financial Services Regulation Committee has published a report titled "Private markets: Unknown unknowns". The report highlights the rapid global expansion of private markets and raises concerns about the implications of this growth for the UK's financial…...
Amazon CEO Andy Jassy says tariffs are starting to drive up product prices
32+ min ago (247+ words) Amazon CEO Andy Jassy says consumers are beginning to see higher prices as sellers look to absorb added costs from President Donald Trump's tariffs. Jassy told CNBC that Amazon and many of its third-party sellers stocked up on inventory ahead…...