How will the Federal Reserve's rate hike pause affect the dollar?
The Fed's rate hiking campaign has helped pump up the US dollar, maintaining an unexpected strength that reverberates across the economy. However, with the Fed's pause, many experts believe the dollar's muscle may start to give out.
2023-06-16 05:20
Shoppers on food stamps buy less and go to food banks as benefits shrink
Kroger and other chains say customers on food assistance programs like SNAP are struggling as aid shrinks.
2023-06-16 00:59
TikTok to invest billions of dollars in Southeast Asia amid growing scrutiny over data security
Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security.
2023-06-15 15:21
Why Hong Kong can't cut loose from the US dollar just yet
Hong Kong's currency is facing its biggest test since the global financial crisis of 2008.
2023-06-14 09:59
Dollar's strength here to stay; only a rate cut could dent it -FX strategists: Reuters poll
By Indradip Ghosh and Shaloo Shrivastava BENGALURU The dollar's renewed strength against most major currencies will not fade
2023-06-08 08:16
Dollarama beats sales estimates on strong demand for essentials
(Reuters) -Canadian discount store chain Dollarama Inc beat market expectations for quarterly sales on Wednesday, benefiting from strong demand for
2023-06-07 19:26
Exclusive-China's state banks told to lower cap on dollar deposit rates - sources
SHANGHAI/BEIJING (Reuters) -A Chinese self-regulatory body overseen by the central bank has told major state-owned banks to lower dollar deposit
2023-06-06 19:27
Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
LONDON There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint"
2023-06-05 15:51
Analysis - Dollar bears bide their time as U.S. economic strength persists
By Saqib Iqbal Ahmed NEW YORK A strong U.S. economy is giving an unexpected boost to the dollar,
2023-06-05 13:25
Dollar General's cash-strapped customers are turning to food banks, CEO says
Dollar General's stock just had one of its worst days ever on Wall Street. And that spells trouble for Main Street.
2023-06-02 04:55
Dollar General shareholders vote to review safety policies after 49 deaths in a decade
Dollar General investors approved a resolution Wednesday to create an independent audit of the chain's safety policies because of violence at stores and millions of dollars in fines for workplace safety violations.
2023-06-01 23:16
Dollar General cuts annual forecasts as American shoppers turn cautious
Dollar General Corp cut its full-year same-store sales and profit forecasts on Thursday as inflation-hit Americans, discouraged by
2023-06-01 19:19