As international investors pivot out of the U.S., another part of the world — and its bond market in particular — is gaining attention, according to Bank of America. The analysts pointed to Australia’s bond market as potential beneficiary of the dollar losing its safe haven status. Dedollarization Market volatility under U.S. President Donald Trump’s presidency has led some investors to diversify to other markets in 2025. Trump’s controversial trade policies sparked a “Sell America” trade earlier this year that raised questions about dedollarization as investors cashed out of U.S. Treasurys, Wall Street stocks and the greenback. The U.S. dollar…
Author: usaeverydaylife
Bitcoin fell to its lowest level since May over the weekend, as rising tensions in the Middle East and renewed inflation fears triggered a sharp selloff across digital assets.Bitcoin dropped below the $99,000 mark on Sunday — its lowest point in more than a month — and ether was more than 10% lower at one point, as the digital asset market became the first to react to escalating geopolitical risk. Solana, XRP, and dogecoin also posted sharp losses, dragging the entire crypto complex deep into the red.Digital assets began to gain back ground late Sunday, with bitcoin trading just shy…
People watch from a bridge as flames from an Israeli attack rise from Sharan Oil depot, following Israeli strikes on Iran, in Tehran, Iran, June 15, 2025. Majid Asgaripour | Via ReutersOil futures jumped more than 2% at the start of the first trading session since the U.S. launched direct attacks against Iran, casting a shadow over the supply outlook in the embattled oil-rich Middle Eastern region.U.S. crude oil on Sunday evening rose $1.76, or 2.38%, to $75.60 per barrel, while global benchmark Brent was up $1.80, or 2.34%, to $78.81 per barrel. Brent had jumped 5.7% to crack $81…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on June 18, 2025. Timothy A. Clary | Afp | Getty ImagesStock futures fell ahead of Monday’s session after the United States entered Israel’s war against Iran over the weekend by striking three nuclear sites, a move by President Donald Trump that raised oil prices and risked a bigger conflict in the Middle East.Futures tied to the Dow Jones Industrial Average fell by 91 points, or 0.2%. S&P 500 futures shed 0.3% and Nasdaq 100 futures lost 0.4%.The U.S. launched attacks Saturday at Iranian…
Tesla’s Cybercab robotaxi is displayed during the AutoMobility LA 2024 auto show at the Los Angeles Convention Center in Los Angeles, November 21, 2024. Robyn Beck | AFP | Getty ImagesAfter driverless Tesla Model Ys were spotted traversing Austin, Texas, streets on Sunday morning, CEO Elon Musk posted on his social platform X that Tesla’s “robotaxi launch” would start this afternoon with rides for a flat fee of $4.20.A Reuters witness saw several Tesla “robotaxis” on Sunday morning in a popular area of the Texas capital called South Congress with no one in the driver’s seat but one person in the…
After a muted few days for the market, investors in the week ahead will grapple with the fallout of the United States’ decision to enter Israel’s war with Iran. Here’s a closer look at the five big things we’re watching in the market in the week ahead. 1. Geopolitics: President Donald Trump said Saturday night that the U.S. attacked Iranian nuclear sites , including the Fordo facility built into the side of a mountain. Iran’s foreign minister called America’s strikes “outrageous,” and said the country reserves all options to defend itself. Investors had spent much of last week trying to…
Satellite image of the Strait of Hormuz, a strategic maritime choke point with Iran situated at the top with Qeshm Island and the United Arab Emirates to the South. Imaged 24 May 2017.Gallo Images | Getty ImagesU.S. Secretary of State Marco Rubio on Sunday called for China to prevent Iran from closing the Strait of Hormuz, one of the most important trade routes for crude oil in the world.”I encourage the Chinese government in Beijing to call them about that, because they heavily depend on the Straits of Hormuz for their oil,” Rubio said in an interview on Fox News.…
Christian Petersen | Getty Images Sport | Getty ImagesThe Houston Rockets are acquiring 15-time All-Star and four-time Olympic gold medalist Kevin Durant from the Phoenix Suns in a blockbuster deal struck Sunday, a person with knowledge of the agreement told The Associated Press.The Rockets are giving up Dillon Brooks of Mississauga, Ont., Jalen Green and six future picks — including the No. 10 selection in Wednesday’s opening round of this year’s draft — according to the person who spoke to the AP on condition of anonymity because the deal was still pending NBA approval.It ends weeks of speculation about where…
Whether you’re making a move to escape the high costs of a big city or just wanting a fresh start in a new place — why not get paid?There are many states, cities and towns across the United States that offer financial incentives to move there. It’s something that Evan Hock, co-founder and COO of MakeMyMove tells CNBC Make It, he wishes more people were aware of.”For the first time, consumers are in the driver’s seat of where they live and work. They are more mobile than ever, both through remote work, and if you’re a smart person, you can…
One of the best pieces of advice Maddie Machado received from a former boss at Microsoft was to keep track of all her career wins.Machado would log “anytime I did a good job, anytime I made someone’s life easier, anytime I got kudos” first in a Microsoft document, then a running email draft and now in a slide presentation. She calls it a “brag doc” and says she’s used it in every interview for the last 10 years.Machado, 35, is a reverse recruiter and founder of SkillScript, a resume platform, in Tampa, Fla.The concept of documenting your career wins isn’t…
