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Month-end fixing to be mildly supportive of the dollar
BofA notes that their month-end rebalancing model is pointing to outflows in EUR/USD and GBP/USD into the month’s fix. The firm says that: “We estimate FX rebalancing needs based on a conventional 60/40 portfolio of global equities & bonds. The underperformance of USD vs GBP & EUR denominated assets over August suggests rebalancing out of…
Trump: “we are low keying it” as Strait of Hormuz deal drifts
Trump’s optimistic framing, pointing to sub-80 dollar oil and easing consumer pain, reads as an attempt to project reassurance rather than a clear signal that risk has actually receded. The more telling variable for price is the internal Iranian power struggle rather than anything coming out of Washington. If the Pezeshkian camp gains ground and…
Has the crypto industry become just another Washington, D.C. lobby group?
Powerful corporate interests have long held outsize sway in Washington, D.C., using their deep pockets to influence elections and to hire former regulators to push preferred policies to law makers. These practices have made some industries a permanent part of the country’s political fabric, and given rise to unflattering monikers like Big Oil or Big…
AI Is Quietly Creating Millionaires — and Here’s Exactly How to Copy Them (No Code, No Staff)
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways: The one barrier locking 99% of people out of your industry — and how a solo founder turned it into an $80 million exit. Why one company’s $40 million AI win got quietly reversed, and the single line you should never let AI cross. The…
Consumers Assemble New Safety Nets as Savings Thin
The emergency fund used to sit in a savings account, earned modest interest, and waited for the water heater to fail or the transmission to give out. For many households, that model no longer suffices. Today’s financial cushion is often assembled from a variety of sources rather than stored within a single point of access….
Men are more likely to consult AI for a pay bump
There are clear signs that AI has been adopted at different rates along gender lines, driven in large part by greater skepticism on the part of women. This gap in adoption has narrowed over time: A recent study by the Pew Research Center found men and women now use AI chatbots at similar rates, relative…
