(Bloomberg) — A wild week in the currency markets has left hedge funds heading for the exits on their dollar trades and turning their attention toward the Japanese yen. Most Read from Bloomberg Citadel to Leave Namesake Chicago Tower as Employees Relocate State Farm Seeks Emergency California Rate Hike After Fires Transportation Memos Favor Places
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Donald Trump’s proposal for a US takeover of Gaza was met with anger and blunt rejection from regional allies, delight from Israel’s far right and a warning against “ethnic cleansing” from the head of the UN. The secretary general, António Guterres, planned to tell a UN meeting on Wednesday that “it is essential to avoid
Key Takeaways Supermicro shares surged Wednesday for a second consecutive day as the embattled server maker announced that it’s ramping full production availability of its latest AI data center server solution. The stock has traded towards the top of a descending broadening wedge pattern, raising the possibility of a breakout attempt. Investors should eye crucial
Key Takeaways The top CD rate in the country moved a smidge lower today, from 4.80% on a 3-month term to 4.75% available for 8 months. That nation-leading CD is available from Abound Credit Union. An additional nine offers guarantee APYs of 4.60% or better, including the leading 1-year rate of 4.60%, available from Vibrant
GUATEMALA CITY (AP) — President Donald Trump’s top diplomat and his main spokesperson on Wednesday walked back the idea that he wants the permanent relocation of Palestinians from Gaza, after American allies and even Republican lawmakers rebuffed his suggestion that the U.S. take “ownership” of the territory. Trump on Tuesday had called for “permanently” resettling
Beware the dangers of regulatory “overreach” and a one-size-fits-all approach to community banking oversight, several industry participants testified at a Capitol Hill hearing Wednesday (Feb. 5). The 119th Congress has begun, and with the latest iteration of the House Committee on Financial Services been seated , the hearing chaired by Rep. French Hill, R-Ark., was
The Mexican Peso depreciates as USD/MXN climbs above 20.50 as trade tensions between the US and Mexico ease. Mixed investment data and anticipated Banxico rate cut further pressure on the Mexican Peso. The White House clarifies trade measures with Mexico, focusing on anti-drug efforts. The Mexican Peso (MXN) dropped for the second straight day versus
Settlers cheer Trump’s Gaza proposal but other Israelis fear blowback The Washington Post Inside Trump’s Hastily Written Proposal to ‘Own’ Gaza The New York Times ‘The first good idea I’ve heard’: Netanyahu endorses scaled-backed version of Trump’s Gaza plan The Times of Israel WATCH: White House walks back Trump’s suggestion of ‘permanent’ resettlement for Palestinians in Gaza PBS NewsHour
Nikos Papanikolaou BBC News A strong earthquake has been recorded between the Greek islands of Amorgos and Santorini, after days of consecutive tremors in the area. More than 11,000 people have already left Santorini with around 7,000 departing by ferry and 4,000 people leaving by air. The quake followed two smaller tremors minutes earlier, and