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Trump overhypes $5 trillion in private US investments pledges

But like some other “Trump effect” investments, Trump doesn’t deserve all the credit.TSMC said it had already spent $65 billion in Arizona over the past five years to build two fabrication facilities on its sprawling Phoenix campus and was weeks from breaking ground on a third after the Biden administration gave it a $6.6 billion grant from the 2022 CHIPS and Science Act last year. Senator Mark Kelly, an Arizona Democrat, told the Globe that the company had showed him plans to expand to six so-called fabs a couple of...
Currencies

Azerbaijani currency to world currency rates for May 6

BAKU, Azerbaijan, May 6.​ The Central Bank of Azerbaijan (CBA) has released the official exchange rates as of May 6, Trend reports. According to the CBA, the official exchange rate for the US dollar remains unchanged at 1.7 manat. The euro's exchange rate is 1.9252 manat, while the Turkish lira is worth 0.044 manat. Additionally, 100 Russian rubles are equivalent to 2.1118 manat. Currencies Code Exchange rate 1 US dollar USD 1.7 1 euro EUR 1.9252 1 Australian dollar AUD 1.0996 1 Belarusian ruble BYN 0.5543 1 Bulgarian Lev BGN...
Currencies

Currency Market News: Rupee slips 8 paise to 84.38 against US dollar

Rupee traded in a narrow range on Tuesday, slipping 8 paise to 84.38 against the US dollar in early trade amid a stronger dollar index, weakness in Asian currencies, and lingering geopolitical tensions between India and Pakistan. At the interbank foreign exchange, the rupee opened at 84.28 and moved between an early high of 84.26 and a low of 84.38 against the greenback. The domestic currency had closed at 84.30 on Monday, registering a 27 paise gain. Forex traders said that while the USD/INR pair remained under pressure from global...
USA Property

Zillow to stop showing certain home listings under new guidelines

Mortgage preapproval first-time homebuyersIf you’re a first-time homebuyer, here’s how to get a mortgage preapproved.Starting earlier this month, any property listing that was publicly marketed to consumers but not listed on the local MLS within one business day no longer appears on Zillow.This step is in line with the National Association of Realtors' Clear Cooperation Policy, which aims to prevent exclusive real estate listings and increase fairness among buyers.Corrections & Clarifications: The headline on an earlier version of this story gave the wrong timing. The listing changes will happen later...
Currencies

Currency Market News: Rupee hits 7-month high before retreating; closes nearly flat at 84.53 vs US dollar

Rupee on Friday climbed to a seven-month high, briefly breaching the 84-per-dollar mark, buoyed by sustained foreign fund inflows and strong domestic economic indicators. However, it failed to hold onto the gains and ended the day just 1 paisa stronger at 84.53 against the US dollar. In a session marked by volatility, the rupee touched an intra-day high of 83.76 — its strongest level since October 2024 — before slipping back. It opened at 83.98 and moved in a range of 83.76 to 84.55 through the day. Traders attributed the...
Currencies

Currency Market News: Rupee jumps 77 paise to 83.77 vs US dollar in early trade

Rupee appreciated by 77 paise to 83.77 against the US dollar in early trade on Friday, bolstered by sustained foreign fund inflows and positive domestic data. Forex traders highlighted that the Goods and Services Tax (GST) collections for April were robust, reaching an all-time high of Rs 2.37 lakh crore, indicating strong domestic demand. A positive trend in domestic equities, fuelled by foreign fund inflows, also contributed to the bullish sentiment. However, caution remains as traders noted that any escalation in tensions between India and Pakistan could reverse the rupee's...
USA Property

Orange Park Mall ownership announces 2025 plans to look for new owners

Orange Park Mall could soon be under new ownership.Washington Prime Group plans to sell its entire portfolio of 50 shopping centers, including Orange Park Mall, as it lays off employees at its corporate headquarters, as first reported by Jacksonville Daily Record.This would be the second mall in Jacksonville to recently undergo a sale after Blackwater Development finalized its purchase of Regency Square Mall earlier this month.The property purge includes 10 malls and shopping centers in Florida.The Orange Park Mall turns 50 years old this year and is the Jacksonville area's...
Currencies

Currency Market News: Rupee strengthens 27 paise to 84.96 vs dollar on robust fund inflows

Rupee appreciated by 27 paise to 84.96 against the US dollar in early trade on Tuesday, buoyed by strong foreign fund inflows, healthier domestic economic data, and easing global tensions. Forex traders observed that India's manufacturing and industrial sectors both grew by 3 per cent, highlighting the strength of domestic demand. Additionally, a significant rally in domestic equities, fueled by an influx of foreign investments, helped boost market sentiment. Despite this positive movement, caution prevails, with traders pointing out that any rise in tensions between India and Pakistan could quickly...
USA Property

March real estate figures showed ‘balanced’ Sarasota, Bradenton market

March’s local real estate activity indicated a relatively balanced market for both Sarasota and Manatee counties, but changing national and international dynamics could call that stability into question.The Realtor Association of Sarasota and Manatee’s March report noted continued stability in the Sarasota and Manatee real estate markets, with steady single-family home activity and a strong presence of cash buyers tilting the overall trend slightly in favor of buyers. But as international economic headwinds shift following President Donald Trump's imposition of his tariff policies, and other countries' retaliation, the market could...
Currencies

Currency Market News: Rupee dips by 7 paise, ends at 85.40 vs dollar

Rupee pared its initial gains and ended the day lower by 7 paise at 85.40 against the US dollar on Friday, due to heightened geopolitical tensions and a negative trend in domestic markets. Forex traders attributed the rupee's decline to escalating geopolitical tensions, particularly following a terrorist attack in Pahalgam, Jammu & Kashmir, which weighed on market sentiment. Additionally, a muted trend ia stronger US dollar inden domestic equities and x further dampened investor confidence. At the interbank foreign exchange market, the rupee opened at 85.17 and fluctuated between an...
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