In financial markets, the Hong Kong dollar is known as a “widow-maker”, a ruinous trade that inflicts painful losses on successive generations of investors. While betting against Japanese government bonds has been the most notorious widow-maker trade, challenges to Hong Kong’s currency peg to the US dollar date back to the 1997-98 Asian financial crisis…
Tallahatchie County, Mississippi — There are 138 National Monuments across the U.S., but for the first time in nearly 100 years, they’re eligible to be sold for parts. This Juneteenth, some of the protected lands in jeopardy commemorate important moments in American civil rights history, including some newer monuments like the Emmett Till and Mamie Till-Mobley…
“The United States is considering restricting entry to citizens of an additional 36 countries in what would be a significant expansion of the travel ban announced by the Trump administration early this month,” reports The Washington Post. The Post‘s report is based on a State Department memo, which was obtained by the paper, signed by…
Michael Jordan may not be remembered for his fashion sense—baggy jeans and oversized blazers come to mind—but that hasn’t stopped his namesake brand from pushing into the luxury space. From the Pinnacle collections of the mid-2010s to its high-profile Dior collaboration, Jordan Brand has found itself at the center of street-meets-luxury style. Now, the label…
Arm Holdings ARM is increasingly at risk of slower growth in China due to the country’s accelerating pivot toward RISC-V architecture. In fiscal 2025, China was the company’s second-largest revenue source after the United States, contributing 19% of its total sales. However, revenues from China rose only 7.5% year over year, a concerning signal in…
Growth stock investing hasn’t been easy in 2025. The U.S. stock market has swung between sharp corrections and narrow trading ranges, making it very difficult to build conviction. Despite this, the most reliable long-term investment strategy remains the same: choosing stakes in companies with established business models and the ability to turn innovative technologies into…
The Phone by Google app is getting an all-encompassing Material 3 Expressive redesign that also adds “Horizontal swipe” or “Single tap” options for answering calls. Like Google Messages, this is beginning to roll out to the beta channel. There’s no change to the four-tab bottom bar (though the background is now darker) or “Search contacts” field. …
WASHINGTON (AP) — President Donald Trump honored Juneteenth in each of his first four years as president, even before it became a federal holiday. He even claimed once to have made it “very famous.” But on this year’s Juneteenth holiday on Thursday, the usually talkative president kept silent about a day important to Black Americans…
Anshun bridge reflecting in the Jinjiang river at dusk in Chengdu, Sichuan Province, China. © Philippe Lejeanvre | Moment Open | Getty Images Asia-Pacific markets mostly rose Friday as investors assessed China data and monitored escalating tensions between Israel and Iran. The People’s Bank of China expectedly kept its loan rates unchanged at 3.0% for…
Chipotle can be a healthier fast-food option because you can customize your order. Dietitians agree it’s what you fill your salad, burrito, bowl or taco with that counts. Experts suggest topping your order with lean proteins, whole grains, veggies and healthy fats. If you’re a Chipotle lover, you’re in good company. The chain keeps growing,…