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The value of the Taiwan dollar (TWD) against the US dollar jumped by approximately 10 percent in a few days in May. This sparked public speculation and concern over any undisclosed concessions made by President Lai Ching-te’s government to secure a trade deal with President Donald Trump. The Central Bank of the Republic of China (CBC, commonly known as Taiwan’s central bank) intervened to curb the spike in the TWD.As JPMorgan stated, “Such pronounced volatility is extremely rare for the TWD, given that the currency is highly managed” by the...

Since returning to the White House, US President Donald Trump has touted corporate and foreign US investment announcements as proof he is ushering in “the golden age of America”. On January 21, Trump said that before he’d finished the “first full business day” of his second term, the United States had “already secured nearly $3 trillion of new investments”. On April 2, he said, “It looks like we’re going to have about $6 trillion of investments”. Six days later, Trump told National Republican Congressional Committee Dinner attendees that the investment...

Here's how to properly calculate your property tax billNot sure how to calculate your property tax bill? Here's how to do it properly.In 2023, Davidson County led all Tennessee counties in total property tax per capita at $2,161, according to a Sycamore Institute study of property tax rates and capacity across the state.The study argues that a tax rate on its own tells us "very little" about whether residents in a Tennessee county actually pay high or low property taxes overall.Some Nashvillians are bracing for the prospect of a higher...

Open this photo in gallery:U.S. and Saudi flags flutter along a highway in Riyadh, Saudi Arabia, on May 12.Hamad I Mohammed/ReutersWhen U.S. President Donald Trump lands in Riyadh on Tuesday, he will be greeted with opulent ceremonies, gilded palaces and the prospect of $1-trillion in investments. But the raging war in Gaza has denied him one goal he has long craved: Saudi-Israel normalization.Behind the scenes, U.S. officials are quietly pressing Israel to agree to an immediate ceasefire in Gaza – one of Saudi Arabia’s preconditions for any restart of normalization...

Since returning to the White House, President Donald Trump has touted corporate and foreign U.S. investment announcements as proof he is ushering in "the golden age of America." On Jan. 21, Trump said that before he’d finished the "first full business day" of his second term, the U.S. had "already secured nearly $3 trillion of new investments."  On April 2, he said, "It looks like we’re going to have about $6 trillion of investments." Six days later, Trump told National Republican Congressional Committee Dinner attendees that the investment total was...

Aerial video along the Swannanoa River reveals the wrath of Tropical Storm HeleneAerial video along the Swannanoa River between Black Mountain and Asheville reveals the devastation of Tropical Storm Helene.Buncombe County’s proposed budget for fiscal year 2026 includes a 3.26-cent property tax increase to offset revenue shortfalls in the aftermath of Tropical Storm Helene.The budget prioritizes essential services, including $122 million for education, though still short requests from Asheville City Schools and Buncombe County Schools.ASHEVILLE – Described as a “break-even budget” focused on essential government services and recovery in the...

Asian currencies are surging as the US dollar weakens, and it could impact summer travel costs.The dollar's decline is driven by the "Sell America" trend and trade negotiations.A weaker dollar may shift purchasing power to Asia, affecting investments and markets.Dreaming of a cocktail on the beach in Malaysia or exploring the buzzing night markets of Taiwan?You might want to hold that thought: Summer vacations in Asia may get more expensive than you think, as the US dollar continues to come under pressure.The typically stable Taiwan dollar surged by as much...

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...

WASHINGTON (TNND) — 100 days in office and $5 + trillion in investments. The White House released a statement Tuesday touting President Trump for securing trillions in new U.S.-based investments, setting the stage for a new age of American prosperity. "President Trump is America's businessman and chief, and that's why these trillions of dollars in investments are flooding to our country," said White House Press Secretary Karoline Leavitt.Jared Pincin, an economics professor at Cedarville University, told us that, from manufacturing to artificial intelligence, dozens of companies like Apple, Eli Lilly,...