Despite Trump’s threats, a US-Cuba deal is taking shape
Even as U.S. President Donald Trump vows to usher in a “new dawn” for Cuba, possibly through military force, his...
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Dollar rebounds as Middle East tensions reignite, Hormuz closed
The dollar headed for its highest level in a week at the start of Asian trading on Monday amid renewed...
Dollar hangs near six-week lows as investors bet on Iran peace deal
The dollar held near its lowest level since early March on Thursday, as the White House's optimism over a peace...
Dollar steady as U.S. blocks Iranian ships, talks continue
The dollar steadied Tuesday as traders weighed the U.S. blockade in the Strait of Hormuz against the prospect of further...
Cuba signals possible compensation for seized U.S. properties, but Cuban Americans remain skeptical
Cuba is signaling a potential shift in its decades-long dispute with the United States, with a senior government official suggesting...
Because of war in Iran, global investors seek safety in U.S. dollars
Every time there’s a major geopolitical conflict, like in the Middle East this week, investors pile money into safe havens....
Dow, S&P 500, Nasdaq futures fall as markets react to DOJ investigation into Powell
US stock futures dropped Sunday night as Wall Street reacted to the Trump administration opening a criminal investigation into Fed...
US stock market and global trade partners react to Trump’s new tariffs
President Donald Trump ’s latest tariff moves drew worries from Wall Street as stocks slumped Friday and Treasury yields fell...
September Fed rate cut is not a sure thing, despite market behavior
In recent days, the stock market has brought myriad summer entertainments to mind: bungee-jumping, roller-coasters, watching a Space-X launch. Thursday...
Why it matters that the U.S. dollar is the world’s reserve currency
Whether you want a strong U.S. dollar or a weaker U.S. dollar depends on where you stand. If you run a company that sells overseas, a weaker dollar helps you, because it makes your products cheaper for foreigners to buy, and you might sell more. But let’s say you’re traveling to Europe and looking forward to a shopping spree — a stronger U.S. dollar makes the whole thing cheaper.What many Americans can agree on is that maintaining the U.S. dollar’s status as the world’s reserve currency is crucial. There are...
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