Traders trim Bank of England August rate cut chances after U.K. inflation data

by OverviewFX | Jul 17, 2024 | Stocks

The British pound rose on Wednesday as an August interest rate cut by the Bank of England was considered slightly less likely after U.K. inflation for June matched the central bank’s target but was a touch faster than economists’ forecasts.

Inflation won’t fall to 2% but stocks should get a lift from a growing economy

by OverviewFX | Jul 16, 2024 | Stocks

Good news for the U.S. economy, plus this being a presidential election year, set the stage for higher equity prices.

State of corruption: With conviction, Sen. Robert Menendez joins long list of scandal-scarred New Jersey politicians

by OverviewFX | Jul 16, 2024 | Stocks

New Jersey Sen. Robert Menendez’s conviction on corruption charges adds his name to a long list of disgraced politicians tarnished by scandals in the Garden State.

I don’t need the money from my IRA right now — should I do a Roth conversion to avoid RMDs?

by OverviewFX | Jul 16, 2024 | Stocks

A pension, Social Security and military retirement pay cover our expenses

Prime Day means injuries for almost half of Amazon warehouse workers, Senate investigation finds

by OverviewFX | Jul 16, 2024 | Stocks

For Amazon, the annual sale event leads to massive revenue. For warehouse workers, it leads to injuries, lawmakers say.

Why gold prices look to smash more records

by OverviewFX | Jul 16, 2024 | Stocks

Gold climbed sharply on Tuesday as bets for U.S. interest-rate cuts prompted prices to touch fresh record intraday highs, and some analysts touted long-term prospects for further gains in the precious metal.