Illinois Gov. JB Pritzker won $1.4 million gambling last year, tax filings show
Pritzker has become a leading antagonist of President Donald Trump over federal immigration operations in Chicago and elsewhere.
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White House: Trump feels tehre was progress in meeting with Putin
- There will be a meeting of high level advisors next week
- Putin and I will then meet in Budapest
- Spent a great deal of time talking about US-Russia trade when the war is over
- Still thinks it’s possible to get Zelensky and Putin together
From Putin’s special envoy:
- Trump-Putin call was positive and productive and set out next steps clearly
This article was written by Adam Button at investinglive.com.
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Student loan forgiveness lawsuit on hold during government shutdown — what borrowers need to know
A union lawsuit against Trump officials regarding blocked student loan forgiveness is paused due to the government shutdown. Here’s what borrowers need to know. -
USD/JPY extends losses for a third day on broad Greenback softness
The Japanese Yen (JPY) extends its winning streak for a third consecutive day against the US Dollar (USD) on Thursday, as the Greenback slides to a multi-day trough amid lingering concerns over the prolonged US-China trade standoff. -
USD/CHF dips as trade tensions escalate, Swiss growth forecasts dim
USD/CHF falls 0.20% on Thursday, trading around 0.7950 at the time of writing after hitting a two-week low of 0.7933 earlier in the day. The US Dollar (USD) remains under pressure as escalating US-China tensions continue to support demand for safe-haven assets such as the Swiss Franc (CHF). -
Gold continues it run to the upside
Gold prices have run up to a new high and new record for the day at $4291.99. For the year, the price is now up 62.82%. The current price is trading at 4276.68. Looking at the hourly chart a topside channel trendline cuts across near $4340 and moving higher on the downside the same channel trendline comes in at around $4231 and also moving higher. Those would be support and resistance in the short term now for gold.
The move higher in gold is being helped by lower yields in the US.
The 10 year yield is now back below the 4.0% level at 3.99% or -5.5 basis points. It traded to a low of 3.986% today which is its lowest level since April 4.
The 2-year yield is at 3.430% -7.6 basis points. That takes the yield to the lowest level since September 2022.
US stocks are moving lower with the Dow industrial average now down -0.43%. The S&P is down -0.46% and the NASDAQ is down -0.37%. The Russell 2000 of small-cap stocks is the hardest hit with a decline of -1.47%.
This article was written by Greg Michalowski at investinglive.com.
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Pound Sterling Price News and Forecast: GBP/USD advances against US Dollar amid firm Fed dovish bets
The Pound Sterling (GBP) rises to near 1.3440 against the US Dollar (USD) after the release of the UK GDP data. -
Government shutdown: Senate bill fails for 10th time, Kelly tells Trump to get involved
Democrats and Republicans in Congress remain divided over the question of whether a bill to end the shutdown should extend enhanced Obamacare tax credits. -
Nestle announces plans to slash 16,000 jobs, stock jumps 9%
Nestle said Thursday it will cut 16,000 jobs as the firm’s new CEO Philipp Navratil looks to accelerate a turnaround at the consumer goods giant. -
ECB Lagarde: Growth inflation risks have become more balanced
ECB’s Lagarde is speaking and is keeping consistent with more recent comments
- Growth inflation risks have become more balanced
- ECB as well positioned to face future shocks
This article was written by Greg Michalowski at investinglive.com.
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