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The resurgent dollar headed towards a second straight week of gains on Friday as a hotter-than-expected U.S. economy has pushed back investors' and policymakers' expectations of the trajectory of Federal Reserve rate cuts this year. The greenback's 0.17% gain for the week was somewhat capped by a slight stall in its rally since Thursday following a rare trilateral warning from finance chiefs in the United States, Japan and South Korea over the latter two's sliding currencies, raising the risk of a potential joint intervention. That's as Asian currencies, in particular, come under immense pressure from the dollar's strength.
The resurgent dollar headed towards a second straight week of gains on Friday as a hotter-than-expected U.S. economy has pushed back investors' and policymakers' expectations of the trajectory of Federal Reserve rate cuts this year. The greenback's 0.17% gain for the week was somewhat capped by a slight stall in its rally since Thursday following a rare trilateral warning from finance chiefs in the United States, Japan and South Korea over the latter two's sliding currencies, raising the risk of a potential joint intervention. That's as Asian currencies, in particular, come under immense pressure from the dollar's strength.
Sell or be banned - TikTok's US operations, by some estimates, could fetch up to $100bn.
A Colombian national has been extradited from Chile to the U.S to face kidnapping and assault charges in connection with two U.S. Army soldiers who were on temporary duty in Bogota, Colombia, the Justice Dept. said.
THE WOODLANDS, Texas (AP) — Nelly Korda, who is looking to tie an LPGA Tour record with her fifth straight win, shot a 4-under 68 on Thursday in the opening round of the Chevron Championship, leaving her two shots behind leader Lauren Coughlin in the year's first major. Coughlin shot a bogey-free 66 in windy conditions at Carlton Woods, which is hosting the event for the second time. The top-ranked Korda is seeking her second major after winning the Women's PGA Championship in 2021. She could jo
Portland Sea Dogs mark 30 years since their first game in Maine
Weekend will get cooler along the Central Coast
Stocks again failed to hold early gains, with the market power trend about to end. Netflix subscribers jumped in Q1.
Two South Monterey County cities were awarded $11 million to help resolve two major encampments.
The video was published in October 2023, during the Hamas-Israel war, months before Iran's air attack on Israel in April 2024.
The streaming giant also said it added 9.3 million subscribers in the first three months of the year.
Under the radar in the US border crisis debate is the role of drug cartels preying on migrants.
Latest Kern County, California and US and world news from 23ABC in Bakersfield, Calif.
TSMC's trimmed forecast shows that the chip industry is still in recovery mode, and that demand is slowing.
Aurora Mayor Mike Coffman is proposing what he calls a “tough love” approach to address the city’s homelessness crisis.
An internet outage that caused massive delays, some hours-long, for flights at the Sacramento International Airport started after AT&T wires were intentionally cut, officials said.
Colorado is ramping up its response to combat a syphilis epidemic following an “alarming increase” in cases among newborns over the past several years.
Orlando Bloom opened up about how longtime girlfriend Katy Perry challenges him during an interview with Trevor Noah Thursday.
Dontrez Styles previously played two seasons for the Tar Heels. The guard from Kinston was an All-State First Team selection in high school.
Sol Blume won’t happen in May because Discovery Park hasn’t recovered from rainfall, Sacramento County said.
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