Dollar Holds Steady as Shutdown Uncertainty Weighs
Greenback Recovers from Early Decline
The U.S. dollar steadied on Wednesday after a volatile trading session shaped by political turmoil in Washington. The dollar index,...
Trump Threatens New Tariffs on Global Furniture
President Donald Trump has escalated his trade agenda with a new threat to impose “substantial tariffs” on any country that does not manufacture furniture...
Nvidia’s $100B OpenAI Deal Lifts Chip Stocks
Record investment sparks rally
Global semiconductor stocks surged on Tuesday after Nvidia unveiled plans to invest up to $100 billion in OpenAI. The deal, which...
Fed Cuts Rates for First Time in 2025
The Federal Reserve reduced its benchmark interest rate on Wednesday for the first time in nine months, lowering it by a quarter point to...
Labor Department Revises Job Growth Sharply Lower
Largest Downward Revision Since 2002
The U.S. labor market created far fewer jobs than initially reported, according to a Bureau of Labor Statistics (BLS) revision...
American Eagle Beats Expectations in Q2 2025
Revenue Performance
American Eagle Outfitters (AEO) reported $1.28 billion in net revenue for the second quarter ended 2 August 2025, a 1% decline year-over-year. Despite...