A number of asset managers are betting that the pound will tumble in value as the U.K. wrestles with faltering growth and Finance Minister Rachel Reeves confronts a looming fiscal headache in next month’s budget. Candriam is positioned short against the pound, with Nicolas Jullien, Candriam’s global head of fixed income, highlighting the U.K.’s challenging outlook. RBC BlueBay Asset Management also holds a bearish bet against the British currency. Sterling was up around 0.02% against the dollar on Friday, trading at $1.343. Reeves is widely expected to hike taxes and cut spending in next month’s Autumn Budget, scheduled for Nov.…
Author: usaeverydaylife
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 16, 2025. Jeenah Moon | ReutersStock futures moved higher Sunday night as investors turn their attention towards a slew of big-name earnings reports and inflation data expected in the coming days.Futures tied to the Dow Jones Industrial Average jumped 84 points, or about 0.2%. S&P futures gained 0.2%, while Nasdaq 100 futures rose 0.3%.Helping sentiment to start the week was a report from The Wall Street Journal that said President Donald Trump in recent weeks has exempted dozens of products from his reciprocal…
A judge ordered that X and xAI’s lawsuit accusing Apple and OpenAI of trying to maintain monopolies in artificial intelligence markets must remain in federal court in Fort Worth, Texas, despite “at best minimal connections” to that geographic area by any of the companies.Judge Mark Pittman, in a sharply ironic four-page order on Thursday, encouraged the companies to relocate their headquarters to Fort Worth, given their preference for the antitrust lawsuit to be heard there.In a footnote, he even flagged the companies to the website of the Business Services unit of the City of Fort Worth “to get the process…
Last week started with the big banks delivering strong earnings and ended with regional lenders writing off bad loans. Investors are hoping for calmer waters in the days ahead, as earnings season ramps up and Washington remains in gridlock. Here’s a closer look at what to expect over the next five trading days. 1. Market risks: The artificial intelligence trade that has powered the three-year-old bull market has some fresh competition for investors’ attention. Over the past week or so, both the rise in U.S.-China tensions and concerns about credit quality have demonstrated an ability to hurt the broader market.…
U.S. President Donald Trump welcomes Ukraine’s President Volodymyr Zelenskyy at the White House in Washington, D.C., U.S., October 17, 2025. Jonathan Ernst | ReutersU.S. President Donald Trump urged Ukrainian President Volodymyr Zelenskyy to accept Russia’s terms for ending the war between Russia and Ukraine in a White House meeting on Friday, warning that President Vladimir Putin threatened to “destroy” Ukraine if it didn’t comply, the Financial Times reported on Sunday.During the meeting, Trump insisted Zelenskyy surrender the entire eastern Donbas region to Russia, repeatedly echoing talking points the Russian president had made in their call a day earlier, the newspaper…
A decade ago, I boarded a one-way flight from Houston to Madrid with a suitcase and a rough plan to teach English for a year. I was 35, and I knew I needed a change.As the daughter of Colombian and Iranian immigrants growing up in Texas, I never quite felt like I belonged anywhere. That changed when I moved to Spain in 2015. I’ve built a life here centered around community, freedom, and balance.Along the way, I figured out the logistics, visas, and mindset shifts it takes to start over abroad. Now, through my platform She Hit Refresh, I help…
My week in San Francisco, where I attended Salesforce’s annual AI conference and visited with the CEOs of Starbucks, Broadcom, and many others, was filled with fresh insights about AI, stocks, and the market at large. Below are my top 10: Consider these takeaways to inform your investing decisions in the days and months ahead. 1. Salesforce’s AI platform is working — just not the way some think it is. The skepticism surrounding Salesforce’s Agentforce, its platform with agentics and virtual robots to augment your business, is growing thinner after CEO Marc Benioff’s keynote to kick off the company’s annual…
U.S. President Donald Trump speaks with Secretary of Education Linda McMahon during an executive order signing ceremony in the Roosevelt Room of the White House on July 31, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesThe Trump administration has agreed to cancel student debt under programs it had partially blocked, reopening a path to student loan forgiveness for millions of borrowers.The outcome is the result of an agreement reached on Friday between the U.S. Department of Education and the American Federation of Teachers, a union.In the agreement, the Trump administration said it will again process student loan forgiveness for…
Last month, J.D. Power released its annual North American Airport Satisfaction Study for 2025.Mega airports are defined as those with 33 million or more passengers per year. The study measured overall passenger satisfaction by examining their experiences across seven core dimensions in order of importance:Ease of travel through airportLevel of trust with airportTerminal facilitiesAirport staffDeparture/to airport experienceFood, beverage and retailArrival/from airport experienceThe 2025 study is based on 30,439 completed surveys from U.S. or Canadian residents who traveled through at least one U.S. or Canadian airport and covers both departure and arrival experiences (including connecting airports) during the past 30 days. The…
U.S. President Donald Trump speaks to members of the media as he arrives at Palm Beach International Airport, in West Palm Beach, Florida, U.S., Oct. 17, 2025.Elizabeth Frantz | ReutersPresident Donald Trump said Sunday he would slash U.S. funding to Colombia because the country’s leader “does nothing to stop” drug production, in what is the latest sign of friction between Washington and one of its closest allies in Latin America.In a social media post, Trump referred to Colombian President Gustavo Petro as “an illegal drug dealer” who is “low rated and very unpopular.” He warned that Petro “better close up”…
