American Airlines' stock drops after reporting quarterly figures that disappointed markets; however, the setup for the next quarter is a bullish one, no doubt.
EUR/USD retreated to 1.1670 amid renewed dollar strength following the US-EU trade deal, with traders cautious ahead of key US economic data and the Fed decision.
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InvoiceCaptureSoftware.com launches an AI-powered tool that automates invoice data extraction and exports it to Excel, Google Sheets, and accounting systems. The tool helps AP teams save time, reduce errors, and scale efficiently.
Annual BNPL spending in the US is projected to hit $116.7B in 2025, showing rapid growth from a niche to mainstream consumer credit tool. Late payments and potential risks are a concern.
Spot gold prices slipped 0.1% to $3,335.39 per ounce at 04.53 a.m. ET, while the U.S. dollar index, which compares the greenback with a basket of currencies, advanced 0.5%.
The GBP/USD pair has formed a bearish head-and-shoulders pattern and is under pressure following soft UK retail sales, with key US data and the Fed in focus.
In a market atmosphere where real-time alerts and algorithmic trading drive momentum, shares of the Sprott Physical Silver Trust (NYSE:PSLV) lit up trader dashboards on Tuesday with a sharp uptick in volume and investor activity. As commodities regained their role in the spotlight due to inflationary concerns and macroeconomic
W. R. Berkley’s second quarter reflected a continuation of growth in both underwriting and investment income, with management attributing performance to disciplined risk selection and ongoing strength in specialty lines. CEO Rob Berkley emphasized that the property and casualty insurance market remains complex, requiring careful navigation of industry cycles and external pressures like inflation and tariffs. CFO Rich Baio highlighted that record net investment income, driven by higher yields and increased invested assets, complemented steady underwriting margins. Management noted that while certain product lines faced competitive pressures, especially in property, the company’s breadth across segments allowed it to sustain strong returns.
The bank charges an annual membership fee of $595 for the card, which is lower than its rivals, and offers to unlock $1,500 in value if customers take advantage of the available benefits.
The week’s economic news flow is headlined by key catalysts, including the Federal Reserve rate-setting meeting, July non-farm payrolls report, and the June personal income and spending report.
