Latest in Strong Dollar Hits
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Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - Jan. 10 -
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Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - Jan. 10 -
Firefighting aircraft hit by drone
A Canadian Super Scooper plane was hit by a drone while flying over the Palisades Fire. The plane is expected to fly again, but as KNBC's David Biggar reports, the FAA is investigating as flying ...NBC News - Jan. 10 -
Oilers Don't Need Hits To Be Winners
The Edmonton Oilers aren't the only team that is bucking the trend.Yahoo Sports - Jan. 9 -
How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids
Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.The New York Times - Jan. 9 -
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.MarketWatch - Jan. 9 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
Winter storm to hit US south again, carrying in snow and freezing weather
Cities cancel flights and school in anticipation as Dallas, Texas, is expected to get a year’s worth of snow. Parts of Texas and the US south are getting hit with yet another winter storm.. The ...The Guardian - Jan. 9 -
M&S Christmas cheer hit by uncertain outlook for UK
Festive food sales jumped but the retailer is concerned about the British economy.BBC News - Jan. 9 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
VW strains to hit EU emission targets as EV deliveries tumble
Europe’s largest carmaker hurt by greater competition from rivals in ChinaFinancial Times - Jan. 9 -
Civil servant long-term sickness hits post-pandemic high in UK
Ministry of Justice was department with highest average length of absenceFinancial Times - Jan. 9 -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - Jan. 9 -
The dangerous combination fueling the L.A. fires: Exceptional dryness and strong winds
Prolonged drought, an exceptionally dry winter and powerful Santa Ana winds set up a dangerous triple whammy of extreme conditions that have fueled several out-of-control wildfires in the Los ...NBC News - Jan. 9 -
Whitehall estimates child sexual abuse compensation could hit £10bn
Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay reviewFinancial Times - Jan. 8 -
Former Red Wings Forward Hits Waivers
A former Detroit Red Wings player is on the move.Yahoo Sports - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
EFL hits back at Arteta’s complaints: ‘All clubs play with the same ball’
Manager criticised Puma ball after Carabao Cup defeat Puma will manufacture Premier League ball next season The English Football League (EFL) has defended the ball being used in this year’s ...The Guardian - Jan. 8 -
First-time NBA All-Stars? These hopefuls have strong cases
Let’s take a look at some contenders, including Victor Wembanyama, who could make their All-Star debuts this February.Yahoo Sports - Jan. 8 -
Young hits 50-foot buzzer-beater to lift Hawks
Trae Young hit a 50-foot 3-pointer at the buzzer to give the Hawks a 124-121 win over the Jazz on Tuesday night.ESPN - Jan. 8 -
Strong winds fuel Eaton Fire in California, forcing evacuations
In Pasadena, California, the Eaton Fire prompted mandatory evacuations. It was the second brush fire that exploded on Tuesday, fueled by strong winds.CBS News - Jan. 8 -
A million-dollar kombucha deal spurred Quinn Ewers to Ohio State early, but staying long never made sense
The Buckeyes were caught off guard by Ewers' decision to reclassify and join them a year earlyCBS Sports - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Why investors should watch the dollar as markets make sense of Trump’s tariff plans
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald Trump’s tariff plans landed in traders’ newsfeeds, and suddenly all bets ...MarketWatch - Jan. 8 -
The Surgeon General’s Warnings About Alcohol Hit Restaurants at a Tricky Time
The surgeon general’s call to arms about the link between drinking and cancer could strike at a fiscal lifeline for restaurateurs facing falling sales.The New York Times - Jan. 8 -
Obamacare Enrollment Hits Record Ahead of Trump’s Return
Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.The New York Times - Jan. 8 -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Fast-moving wildfire destroys homes as strong winds hit southern California
Fire quickly consumed hundreds of acres in the Pacific Palisades, an affluent community north of Santa Monica. Follow live: Wildfire billowed by ‘life threatening’ windstorm sweeps southern ...The Guardian - Jan. 8 -
Strong winds fuel rapidly expanding wildfires in Southern California
A combination of hurricane-force winds and dry vegetation is fueling wildfires that are rapidly spreading in Southern California. Thousands have had to evacuate, some forced to abandon their cars ...CBS News - Jan. 7 -
UK watchdog bans adverts featuring burning dollars
Posters from Islamic finance start-up Wahed Invest likely to cause ‘serious offence’, rules ASAFinancial Times - Jan. 8 -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Trudeau hits back at Trump on Canada annexation: 'There isn't a snowball's chance in hell'
Outgoing Canadian Prime Minister Justin Trudeau hit back Tuesday at President-elect Trump over his threats to annex America's northern neighbor. “There isn’t a snowball’s chance in hell that Canada ...The Hill - Jan. 7 -
Tennis star accidentally hits woman in stands with thrown racquet
Video of the incident showed a woman in a hat being struck by the racquet as the crowd gasped.CBS News - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
When the blizzard hits, why are we still commuting?
As Winter Storm Blair wreaks havoc across the U.S., the lack of leadership in promoting remote work is frustrating and could have saved lives, reduced economic disruption and maintained normalcy.The Hill - Jan. 7
