(Reuters) – China’s major state-owned banks were heavy sellers of dollars on Wednesday, three people with direct knowledge of their activity said, steadying the yuan as it came under pressure in currency trade as the economy remains shaky. State banks often act on behalf of China’s central bank in the…

By Jamie McGeever ORLANDO, Florida (Reuters) -Only a return of more aggressive Fed easing speculation or a switch out of relatively expensive U.S. stocks seems likely to wipe the dollar’s smile off its face. Currency markets still appear to be in thrall to the so-called “dollar smile” – the model…

Roger Federer played 1,526 singles matches throughout his career and won nearly 80% of them. However, he recently revealed that he only won 54% of the individual points within those matches. To put it another way, one of the greatest tennis players of all time barely won over half the…

Mortgage interest rates fell this past week, but not by much. Rates for 30-year mortgages averaged just a hair under 7% at 6.99%, Freddie Mac reported in its weekly rates report. Last week’s average for 30-year fixed-rate mortgages was just over 7%. Both last week’s and this week’s rates are…

Investment Thesis BlackBerry’s (NYSE:BB) stock jumps 8% premarket on the back of its fiscal Q1 2024 report. And yet, I remain bearish on this stock. I contend that this cheer from investors is little more than a relief rally that its earnings results weren’t worse. Essentially, I argue that this…

Nigel Farage emerged from the Three Jays pub in Jaywick halfway through England’s lacklustre showing against Slovenia on Tuesday. He had come outside, with a cigarette and a glass of gin in hand, to discuss the sometimes-faltering performance of his own team, the populist Reform UK party.Volunteers are stretched wafer…

Investing.com – The U.S. dollar edged higher in early European trade Wednesday, on course for its biggest monthly gain since September, while the euro retreated after weak inflation data. At 04:45 ET (09:45 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1%…

By Brigid Riley TOKYO (Reuters) -Japan’s benchmark rallied to 34-year highs on Friday and was on the cusp of eclipsing the all-time peak reached during the hey days of the nation’s bubble economy in the 1980s. The index blew past the post-economic bubble era record of 38,188.74, putting it on…

Medicare beneficiaries need to know the changes taking place in in 2024 and 2025. The changes begin with the inflation adjustments for various Medicare features. The monthly basic Part B Medicare premium increased by $9.80 (or 5.94%) to $174.70 on January 1. The annual Part B deductible increased by $14…

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