Latest in Buoys Dollar
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Dollar Tree Names Michael Creedon Jr. Permanent CEO
Dollar Tree said it has named Michael Creedon Jr. as the discount retailer’s permanent chief executive, removing the interim tag he has carried since early November.The Wall Street Journal - 4h -
Fed cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping
US currency hits strongest level in two years after central bank signals only half a percentage point of reductions in 2025Financial Times - 15h -
SoftBank and Big Tech flash corporate dollars at Donald Trump
Also in today’s newsletter, the fallout from ABC News’s $15mn defamation settlement with the president-electFinancial Times - 2d -
FirstFT: Dollar set to extend Trump rally, says Wall Street
Also in today’s newsletter, Argentina emerges from recession and how US money managers are challenging European peersFinancial Times - 2d -
Wall Street bets Trump will fuel further dollar gains
US president-elect unlikely to get his wish of a weaker currency, according to analysts and investorsFinancial Times - 2d -
Secret Santa delivers dollars, and hope, to North Carolina
Residents of Avery County, North Carolina, whose lives were turned upside-down by the flooding of Hurricane Helene three months ago, were visited recently by the anonymous, wealthy businessman who ...CBS News - 4d -
Secret Santa gives thousands of dollars to North Carolina victims of Helene
Every year, this anonymous, wealthy businessman travels the country during the holidays, giving away about $100,000 in $100 bills.CBS News - 5d -
Joy Buoys Syria’s First Friday Prayers Since Assad Ouster, but Hardships Loom
In an impoverished, war-ravaged country, the first prayers after the fall of a brutal regime drew jubilant crowds, even in areas seen as regime strongholds.The New York Times - 5d -
U.S. Considered Border Buoys Months Before Texas Put Them In
Border officials explored using floating barriers from Texas to California in 2022. The effort could help pave the way for their deployment under President-elect Donald J. Trump.The New York Times - 5d -
Trump’s tricky dollar problem
The president-elect might want a weaker US currency but market forces are pushing in the other directionFinancial Times - 6d -
Thousands of dollars pour into defense funds for alleged CEO killer
Supporters of Luigi Mangione are raising tens of thousands of dollars for his defense fund.ABC News - 6d -
Dollar’s surge sparks biggest fall in emerging market currencies in 2 years
Developing economies also suffering from ‘confluence of bad news’Financial Times - Dec. 12 -
The Billion-Dollar Adult Streaming Industry Is Fueled by Horrific Labor Abuses
Bedbugs and cockroaches. Filthy shared equipment. Constant surveillance, and zero control over their accounts. These are just some of the deplorable conditions adult cammers say they face on the job.Wired - Dec. 11 -
Buoyed by Trump, U.S. dealers are optimistic on everything except electric vehicles sales
Cox reports there's a "renewed optimism" among U.S. car dealers heading into 2025, fueled by Donald Trump's election and positive trends in interest rates.CNBC - Dec. 11 -
Macy’s Earnings Report Details Multimillion-Dollar Accounting Error
Analysts see much bigger challenges for the retailer than lax accounting.The New York Times - Dec. 11 -
NY AG won't toss multimillion-dollar Trump civil fraud judgment
The New York attorney general's office said Tuesday it will not drop its multimillion-dollar civil fraud case against President-elect Trump, despite his request. Deputy Solicitor General Judith ...The Hill - Dec. 10 -
It’s time to sell the U.S. dollar, Morgan Stanley says
Morgan Stanley’s analysts said much of the good news for USD has already been priced in to the value of America’s currency, meaning investors may have an opportunity to make a pain trade.MarketWatch - Dec. 9 -
Trump’s Threats About the Dollar Could Push Other Countries to Find Alternatives
President-elect Donald J. Trump threatened to impose tariffs on countries that seek to replace the dollar in trade or undermine its global reserve currency status.The New York Times - Dec. 5 -
Sports betting wins narrow approval in Missouri after high-dollar campaign
Fans in Missouri will be able to bet on sports next year under a ballot measure that narrowly won approvalABC News - Dec. 5 -
Dollar General tests same-day delivery as discounter chases Walmart
Dollar General is testing same-day delivery to customers’ homes as the deep discounter tries to fend off fiercer competition with Walmart.NBC News - Dec. 5 -
Dollar General tests same-day delivery as discounter chases Walmart
Dollar General has felt pressure as Walmart, Amazon and others offer more digital ways to shop along with low prices.CNBC - Dec. 5 -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - Dec. 5 -
Why ‘Dollar’ Discount Chains Struggle to Lure Penny-Pinching Shoppers
Despite offering inflation-weary consumers low prices and good value, Dollar General, Dollar Tree, and Family Dollar are losing customers to big-box rivals with better mobile shopping options.Inc. - Dec. 4 -
Global investigation exposes alleged billion-dollar Russian money-laundering network
UK and foreign law enforcement agencies say networks laundered cash and cryptocurrencies for organised crime gangs across the west. Operatives said to be behind a billion-dollar Russian ...The Guardian - Dec. 4 -
Dollar Tree CFO Departs; Raises Full-Year Sales View
Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter ...The Wall Street Journal - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
A turning point for the dollar is coming
The short- and long-term prospects of the currency are at oddsFinancial Times - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
China’s ties with Saudi Arabia buoyed by green tech
Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administrationFinancial Times - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
American families will be big losers if the world ditches the dollar. Here’s what’s at stake.
Pay now or pay later: U.S. must defend its allies or the dollar could lose the reserve currency status that American consumers enjoy.MarketWatch - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here’s why
Slowing sales and company-specific struggles have put pressure on Dollar General and Dollar Tree, which will report quarterly earnings this week.CNBC - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here's why
As shoppers look for value, dollar stores might seem to be logical destinations.NBC News - Dec. 3 -
Meet Jahkeem Stewart, the coveted five-star and a multimillion-dollar gamble
He's 17 and thinks he's ready to dominate. Where he goes is a huge signing day question.ESPN - Dec. 3 -
Trump's Threat Over an Imaginary Currency Risks Backfiring on the U.S. Dollar
After his 100% tariffs warning to Brics nations, some economists say the president-elect risks accelerating the pursuit of alternatives to the greenback.The Wall Street Journal - Dec. 3 -
What are the BRICS countries — and are they really trying to leave the dollar like Trump says?
In his latest trade-related tirade, President-elect Donald Trump has set his sights on a group of emerging-market countries collectively known as the “BRICS.”MarketWatch - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Musk's Multibillion-Dollar Pay Package Is Rejected Again by Judge
Tesla’s board had argued that a shareholder vote earlier this year addressed the court’s previous criticisms.The Wall Street Journal - Dec. 2 -
Dollar climbs after Trump’s Brics tariff threat and French political woes
Currency on course for biggest daily rise since November 5 US presidential electionFinancial Times - Dec. 2
