The dollar has rallied about 2% this month, reversing most of the losses endured since the end of March. And hedge funds have built up a big bet against the greenback, according to analysts at SentimenTrader, a research firm. That has left these speculative investors exposed to a “pain trade,” which is one where the...Read More

WASHINGTON (AP) — The U.S. economy grew at a solid 6.4% rate in the first three months of this year, setting the stage for what economists are forecasting could be the strongest year for the economy in possibly seven decades. The Commerce Department said Thursday that growth in the gross domestic product, the country’s total...Read More

Sentiment hits highest since Nov. 2018 Current conditions improve, firms more upbeat about H2 Bounce-back from lockdown drives surge in retail conditions But economists worry about coronavirus Delta variant BERLIN, June 24 (Reuters) – German business morale rose by more than expected in June and hit its highest level since November 2018 on companies’ surging...Read More

The Waco Mammoth National Monument is open, though guests are on their own when it comes to touring the site. Guided walks accompanied by guides remain a casualty of the pandemic. Support Local Journalism Your subscription makes our reporting possible. {{featured_button_text}} Fossil specimens showcased there represent a nursery herd of Columbian mammoths believed to have...Read More

Dollar bears may still be reeling after the currency popped higher in the wake of last week’s surprise shift in interest rate forecasts by Federal Reserve policy makers. But they shouldn’t give up on prospects for a weaker dollar over the longer term given underlying fundamentals, according to a Goldman Sachs strategist. The dollar soared...Read More

WASHINGTON – History seems to have a way of placing current U.S. Treasury Secretary Janet Yellen and one of her predecessors, Lawrence Summers, on opposite sides of major policy battles. Right now, the two celebrated economists are facing off in an argument about whether government spending coupled with near-zero interest rates are creating the danger...Read More

A decade later Cameron, by then the Prime Minister, put his money where his mouth was, and gambled everything on a referendum on Britain’s membership of the European Union — betting that nobody outside Westminster cared about Europe. He was wrong. Boris Johnson finally led Britain out of the European Union in 2020 on harsher...Read More

BILLINGS — A bright neon sign that reads ‘BUILD’ in the lobby of the new Rock31 entrepreneur center says it all. Big Sky Economic Development hopes that Tuesday marked the first step for Billings’ future. With the demolition of this first wall inside the historic Montana Bank Building at the northeast corner of Skypoint in...Read More

NEW YORK: The dollar edged higher on Tuesday before Federal Reserve Chair Jerome Powell will testify before Congress, with investors anxious to see whether Powell pushes back against the view that the Fed is likely to raise rates sooner than previously expected as inflation rises. The dollar has surged since the U.S. central bank on...Read More

Stocks across Asia-Pacific jumped following a rebound on Wall Street and oil rose to its highest level in two years as investors were reassured by signals that the Federal Reserve would continue to support the economic recovery from the coronavirus pandemic. In afternoon Asia trading on Tuesday, Japan’s Topix rose 3.1 per cent and Australia’s...Read More