Business

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Best Dividend Stocks Recommended by Top Wall Street Analysts for Higher Returns

Dividend-paying stocks are a great way for investors to enhance their portfolios and increase returns. To find these stocks, it's important to look for companies with a history of consistent payments and strong financials....
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Expectations for Next Week’s ISM Business PMIs – Action Forex

The upcoming week is expected to be crucial for dollar traders as they await the release of the US ISM manufacturing and non-manufacturing PMI data for June. These reports, scheduled for Monday and Wednesday...
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Cleveland Fed Reports 0.2% Monthly Increase in PCE Inflation

The Cleveland Federal Reserve has reported a 0.2% monthly increase in PCE inflation. This means that prices for goods and services have gone up slightly in the past month. The median inflation rate is...
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USD/CAD Unchanged Post Canadian GDP and US PCE Data Release

USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian GDP figures for April showed a 0.3% increase, indicating a...
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Western Clothing Trend Boosts Sales of Denim Dresses and Skirts, Levi Strauss Reports

Levi Strauss, the iconic denim clothing maker, is riding high on the Western wear trend that is sweeping the fashion world. CEO Michelle Gass expressed her excitement over the growing popularity of Western wear,...
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GBPJPY Hits 16-Year High – Forex Analysis and Updates

GBPJPY has been on a winning streak, marking a new 16-year high at 203.57 after ten consecutive days of gains. While this positive momentum is evident in the market, indicators like the RSI and...
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EBC Financial Group: Award-Winning Trusted FX & Best CFD Broker

EBC Financial Group (EBC) is thrilled to share the exciting news that they have been recognized with two prestigious awards at the World Finance Awards 2024: Most Trusted FX Broker and Best CFD Broker....
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USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release

The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session on Friday. Investors are eagerly awaiting the release of the...
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Eco Data Forecast for June 28, 2024 – Action Forex

On June 28, 2024, various economic indicators were released, providing insights into different economies around the world. In Japan, the Tokyo Consumer Price Index (CPI) Year-on-Year (Y/Y) for June was reported at 2.20%. Additionally, the...
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US Dollar Index Hits Two-Month High Before US PCE Data

The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await the release of the US Personal Consumption Expenditure (PCE) Price...
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Justice Alito Criticizes Majority in Free Speech Case

Supreme Court Justice Samuel Alito criticized the majority decision on a free speech case involving the White House and social media companies. He, along with Justices Neil Gorsuch and Clarence Thomas, dissented from the...
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United Airlines Stock Forecast: Market Shock Ahead for NASDAQ:UAL

United Airlines recently confirmed their strong guidance for the second quarter of the year, but despite this positive news, the stock price has dropped significantly. The company had predicted an EPS of $10 for...
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Microsoft Warns Clients of Russian Hackers Accessing Emails: Bloomberg News

Microsoft recently issued a warning to its clients regarding potential cyber threats from Russian hackers gaining unauthorized access to their emails. According to a report by Bloomberg News, the tech giant alerted its customers...
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China-Taiwan Conflict: Impact on Stock Market Indexes – Action Forex

The tension between China and Taiwan has been a cause for concern, especially in light of recent events. The U.S. government's sanctions on Chinese entities supplying parts to Russia for its conflict with Ukraine,...
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US Dollar Fluctuates on Data: Forexlive Americas FX News Wrap

The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1% versus an expected -0.1%, the dollar initially dipped due to...
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Gold Price Soars as US Dollar Weakens Before PCE Data

Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1% following economic data that showed a softer US dollar and...
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Federal Reserve’s Bostic Predicts Interest Rate Cuts in 2021 and 2025

Federal Reserve's Bostic recently made predictions about interest rate cuts in the coming years. He mentioned that inflation is moving in the right direction and a rate cut in the fourth quarter is likely....
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Gold Price Forecast: Insights from ABN AMRO Analysts

Gold prices have experienced a significant increase earlier this year, reaching a high of $2,450 in May 2024. However, since then, the momentum has slowed down, and prices are currently below the 50-day moving...
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USDCHF Technical Analysis: Approaching Key Resistance Level

The US dollar continues to be supported by strong economic data, such as the recent US PMIs and Consumer Confidence report. This data helps keep interest rate expectations stable and supports risk sentiment, which...
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Gold Price in India Today: June 27 Rates & Updates

Gold prices in India saw an increase on Thursday, as reported by FXStreet. The price of Gold was recorded at 6,175.89 Indian Rupees (INR) per gram, showing a rise from the previous day's price...
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Unveiling the Ugly Truths About Electing the Next Dictator: Trump vs. Biden

The upcoming 2024 presidential election is fast approaching, but don't expect either Joe Biden or Donald Trump to address the underlying issues that are eroding our freedoms. The sad truth is that both candidates...
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Eco-Friendly Food Packaging: Bamboo-Based Solution for Waste Reduction

To address Thailand's growing waste issue, Universal Biopack, a company in the country, is utilizing plant-based materials for its packaging solutions. Instead of using plastic, the company incorporates a blend of bamboo and cassava,...
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AeroVironment FY2024 Earnings Report: Analyzing Switchblade Demand

AeroVironment, a military drone maker, recently released their full-year FY24 earnings report, exceeding expectations on both the top and bottom lines. The company experienced a significant increase in sales in their Loitering Munition Systems...
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Armed 19-Year-Old Charged with Terrorism in Australia

An Australian man, Jordan Patten, has been charged with a terrorism offence after he entered the office of New South Wales state parliamentarian Tim Crakanthorp in Newcastle with plans to kill him. Patten was...
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Impact of UK General Election on Pound: Expert Analysis and Forecast

On July 4, Britons will be voting in a general election that could potentially end 14 years of Conservative rule. The Labour Party is currently leading in the opinion polls, with Nigel Farage's Reform...
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Impact of Labour Victory on Sterling: Insights from Crédit Agricole

The GBP has been trading at a 'political premium' in anticipation of the upcoming elections, as there is a belief that political stability will be achieved. Recent polls suggest that Labour is likely to...
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Managing Japan’s FX Movements: Hayashi Promises Appropriate Actions

Japan's Chief Cabinet Secretary Hayashi recently stated that appropriate actions will be taken to address excessive foreign exchange movements, aligning with Finance Minister Shunich Suzuki's previous remarks. Hayashi refrained from commenting on specific forex...
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USD/JPY Breaks Through 160.00 Barrier to Hit New Multi-Decade Highs

The USD/JPY pair surged to a new multi-decade high above the 160 level on Wednesday, signaling a strong bullish momentum in the market. Despite concerns about potential intervention from Japanese authorities to support the...
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US Equities Surge to Close on Highs as Bulls Rally | Forexlive

The US stock market had a rocky start today, with equities falling early in the day. However, a late surge in buying activity, particularly in Nvidia, helped turn things around. Thanks to this strong...
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Gold Prices Decline as Strong US Yields Boost US Dollar

Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming release of the Personal Consumption Expenditures (PCE) Price Index report...
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Crime Wave in PA City Could Impact Election Results

Scranton, a city in Pennsylvania known as the Electric City and President Joe Biden's hometown, is expected to play a significant role in the upcoming 2024 election. Situated in Northeastern Pennsylvania, a crucial swing...
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Trump brand faces backlash in wake of recent controversies

Sears Holdings, the company that owns retail stores Sears and Kmart, recently announced that it would be removing 31 Trump-branded items from its website. This decision was made in order to focus on the...
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High-Yield Investment Alternatives to EAD Junk Bond Fund (NYSE:EAD)

I recently came across the Allspring Income Opportunities Fund (NYSE:EAD) while looking for high-yielding income funds. The EAD fund offers an attractive 9.1% distribution yield, but it relies on return of capital to cover...
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Understanding WikiLeaks: Why Julian Assange’s Involvement Led to Trouble

Julian Assange, the founder of WikiLeaks, is expected to reach a plea deal this week, bringing an end to his 14-year legal battle and allowing him to return to Australia. WikiLeaks, a multinational media...
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Americans’ 401(k) Savings Increasing, but More Effort Needed for Retirement

A recent report from Vanguard shows that Americans are saving more in their 401(k) plans, but there is still room for improvement when it comes to retirement preparedness. While stock market returns are up...