Dollar hits new 40-year high versus yen, euro softer after ECB stands pat on rates
By Chuck Mikolajczak
NEW YORK, July 23 (Reuters) – The dollar strengthened to a fresh 40-year high against the yen and climbed against the euro on Thursday as oil prices continued to shoot higher on rising hostilities in the Middle East, while the European Central Bank kept interest rates unchanged.
Oil prices rose for a fifth straight day,
Read MoreDoes Winning the Lottery Affect Social Security Benefits?
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Hitting a massive jackpot or landing a sudden financial windfall is a dream scenario that instantly rewrites your financial future.
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Read MoreDow Jones
What is the Dow Jones Industrial Average (DJIA)?
Dive into the Dow Jones Industrial Average, one of the most watched stock market indices in the world. Learn what it represents and its significance in the financial markets.
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Read MoreWarren Buffett Warns This Common $50 Mistake Can Cost You More Than You Think
Imagine you have exactly $50 in your bank account. Most people would naturally assume that this means they have $50 available to spend freely. But, according to Warren Buffett, this seemingly harmless mindset can be a costly mistake.
Buffett warns against this zero balance mentality, which is a flawed way of viewing money that can keep people trapped in a cycle of living paycheck to paycheck,
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Read MoreUS economy strength boosts rate hike expectations for September 2026
The U.S. Treasury’s Secretary, Scott Bessent, has highlighted the strength of the U.S. economy, pointing to resilient consumer spending, rising wages for lower-income workers, and a significant increase in investments. Core inflation has reportedly dropped to 2.6%, a figure that aligns with recent core consumer price index (CPI) data. Furthermore, record levels of investment are being channeled into the United States,
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Read MoreThe Burst
Market Commentary: Something Ominous Lurks Beneath
Peak excitement is kicking in now. The market has risen in 15 of the last 17 weeks. Nvidia’s forecasts that beat the street by a couple of billion dollars led to a $250 billion surge in market capitalization. And retail traders are pouring into out-of-the-money call options in the hopes of making life-changing returns on popular stocks.
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Read MoreThe Ivy
Will This Space Stock Soar By 77%?
Planet Labs (NYSE:PL) is a unique tech company that uses its fleet of satellites to image the entire planet every day.
Through this effort, Planet Labs has created a massive database of Earth images that can be used by its customers to draw insights about a host of industries, geographic changes and even military movements.
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Read MoreThe Spotlight
200 Billion Reasons To Buy This Payment Processor
The Shift4 story begins like many tech legends – with founders working out of their parents’ basements. However, in addition to the fact that Shift4 isn’t based in Silicon Valley, there is a key difference between this company and its tech peers. Shift4 wasn’t founded by a college dropout. In fact, its founder didn’t go to college at all.
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