The dollar's safe-haven status is under scrutiny as it weakens amid President Donald Trump's trade policies. From April 2 to April 16, the S&P 500 fell 7%, while the WSJ Dollar Index dropped 4%. Investors are turning to alternative safe havens such as gold and the yen, both of which have risen significantly. The shift could have long-term implications for the US economy, particularly in financing fiscal deficits.
Elevate Retail with AI Innovations Generative AI redefines retail by tailoring experiences and optimizing processes. Join us on Tuesday, May 6th at 2 pm ET to explore personalization, analytics, and stock management advancements. Hear industry leaders unveil AI-driven retail achievements. Don't miss out on this webinar—register now!
Treasury yields climbed Thursday in a low-volume session, with long bonds leading the sell-off as rising oil prices and weak TIPS demand lifted inflation expectations. A steepening curve mirrored similar moves in Europe, while President Donald Trump's renewed criticism of Federal Reserve Chair Jerome Powell added uncertainty around US rate policy.
China has stopped importing US liquefied natural gas since early February after new tariffs made shipments uneconomical, signaling how trade tensions have now disrupted energy flows. The decision may strengthen China's ties with Russia and cast doubt on the future of long-term US LNG export projects to the country.
President Donald Trump has said he is confident the US will strike a trade deal with Europe before his 90-day tariff pause expires, as talks with top global economies accelerate. He also downplayed China's influence, vowing a "very good deal" with Beijing and aligning with Italy's Giorgia Meloni on energy and defense cooperation.
US financial markets have stabilized following recent volatility triggered by President Donald Trump's trade policies. The S&P 500 and VIX index have shown signs of recovery, and US bonds have regained their safe-haven appeal. However, uncertainty remains due to Trump's critical comments about Federal Reserve Chair Jerome Powell and the possibility of further trade disruptions.
The US Federal Reserve has proposed changes to stress tests for major banks, including averaging results over two years and giving banks an additional three months to adjust to capital requirements. The move aims to make the process more transparent and less volatile. Governor Michael Barr criticized the proposal, warning it could create a false sense of security, while Governor Adriana Kugler supported the plan but raised concerns about reduced responsiveness to current economic conditions. Public comments are due 60 days after publication in the Federal Register.
Revolutionizing Retail with AI & Design Unlock the power of emotions in retail with Fractal's cutting-edge emotional AI. Discover how integrating design and behavior science can transform customer and employee relationships, making smarter business choices. With 95% of purchasing decisions driven by emotion, Fractal helps you stay ahead in the competitive landscape, where automation alone isn't enough. Download this whitepaper.
Mount Sinai Hospital in Manhattan has been ranked 19th in the World's Best Hospitals 2025 report by Newsweek and Statista. Other New York hospitals that made the rankings include New York-Presbyterian Hospital-Columbia and Cornell in Manhattan, coming in at 77th, and NYU Langone Hospitals-Tisch Hospital in Manhattan, which ranked 93rd globally. The report evaluated over 2,400 hospitals in 30 countries based on peer recommendations, patient experience and quality metrics.
Astoria, a wild female turkey has decided the Big Apple is the ideal spot to find a mate. The only problem is that there aren't any male turkeys in New York City. "She's the only wild turkey in Manhattan," said David Barrett, who runs a Manhattan Bird Alert account on social media.
[Webinar] Exploring AI's Role in Retail In the ever-evolving retail landscape, understanding AI's role is crucial. Retailers face increasing challenges, but AI offers a path to enhanced customer engagement. NICE invites you to explore AI-driven journey orchestration. Join our expert panel as they provide insights into AI applications in retail. Watch Now
Developing self-management skills, including using your time wisely, setting clear goals, being adaptable, regulating your emotions and holding yourself accountable, can help you excel at work and home, says Alexis Mobley, an executive coach and CEO of I, Matter! Coaching & Consulting. Begin by evaluating your current routines, habits and reactions to build awareness of where you may be struggling, then make small changes to build better habits, Mobley recommends.
Treasury Secretary Scott Bessent is leading private meetings with the Federal Reserve and other banking agencies to streamline oversight and ease regulation. These efforts follow a February executive order from President Donald Trump aimed at tightening White House control over bank supervision. Bessent has emphasized coordination among regulators without consolidating agencies, but former Fed attorney Jeremy Kress has described the Treasury's actions as a "power grab" that could politicize financial regulation.
Save the date for ALTSNY 2025 on June 10 at Convene Brookfield Place, New York, co-hosted by the CFA Society New York, the CAIA Association and Markets Group. ALTSNY is an education-focused alternative investment event designed to bring the investor community together for dialogue and discussion on the most relevant topics facing investors and managers today.
