AUD/USD weakens as the US Dollar strengthens on safe-haven demand amid rising risk aversion driven by US tariff concerns. Fed Chair Jerome Powell acknowledged the difficulty in evaluating the broader inflationary impact of tariffs. The Australian Dollar faces pressure as traders reassess the RBA’s monetary policy outlook following disappointing jobs data. AUD/USD remains under pressure for a second consecutive day, hovering around 0.6300 during Asian trading on Friday. The pair struggles as the US Dollar (USD) strengthens, supported by safe-haven demand amid growing risk aversion linked to US tariff policies. Meanwhile, US bond yields are declining as investors flock to…
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This week on Talking Headways we’re joined by U.S. Rep. Rick Larsen of Washington state, the top Democrat on the House Transportation Committee. We chat about U.S. DOT’s recent guidance for stripping sustainable projects of funding and why active transportation advocates should focus on safety.Scroll down below the audio player for an edited excerpt of our conversation, or click here for an unedited, AI-generated transcript of the entire conversation.Jeff Wood: So what’s the way to combat this? What is the way to push back? What would you say to the folks who are waiting for their grants to come in, who are frustrated by…
Mar. 21, 2025 JPXTSE Market Maker Awards FY2024 for the Carbon Credit Market Tokyo Stock Exchange, Inc. (“TSE”) has implemented the Market Maker Scheme targeted Energy saving J-Credits and Renewable energy (electricity) J-Credits for the carbon credit market since May 30th, 2024, and has designated four companies as market makers.TSE are pleased to present awards to the following four market makers that have achieved standards for the awards to express our appreciation for their significant contributions. TSE presents this awards as a part of “FY2024 Green Transformation League Operation Project Fund (GX League Secretariat Operation and Environmental Improvement Project for Voluntary…
Musk loves to sneer at working-class people who rely on food stamps or unemployment benefits, claiming they’re lazy or entitled. But what’s more entitled than using regulatory credits to boost your company’s stock price and then leveraging that stock for loans to keep your cash flow steady? The hypocrisy gets even more grotesque when you look at Musk’s role in the so-called Department of Government Efficiency—the dystopian fever dream where he’s now helping Trump dismantle social programs under the guise of “cutting waste.” While he’s ensuring billionaires like himself keep their tax breaks and loopholes, he’s working to slash food…
Maasai International Solidarity Alliance says the community is being pushed off their ancestral lands through complex financial contracts ‘We are not against conservation, but these projects must be built on informed consent, not deception,’ MISA official Ndia Marikoi tells AnadoluLONGIDO, TanzaniaLast December, 68-year-old Lepilal Ole Saitoti sat outside his traditional mud-walled boma in Tanzania’s Longido region, gazing quietly across the rolling plains that had sustained generations of his family.His cattle, weakened by prolonged drought, wandered the sparse landscape in search of nourishment, oblivious to the emerging threats tied to the land beneath their hooves.“I have seen many things in my life,…
U.S. Commerce Secretary Howard Lutnick walks with Tesla CEO Elon Musk on the South Lawn, at the White House, in Washington D.C. U.S., March 14, 2025. Nathan Howard | ReutersElon Musk, the world’s richest man and a top adviser to U.S. President Donald Trump, was issued a summons in connection with the Securities and Exchange Commission’s lawsuit against him, a court filing on Thursday showed.A process server gave the civil summons and other documents on March 14 to a security guard at the Brownsville, Texas, headquarters of SpaceX, the space technology company of which Musk is CEO, the filing said. An…
Consumers should brace for borrowing costs to stay elevated, prices to rise and stock markets to remain on edge for at least a little longer, analysts say. That’s because the Federal Reserve opted Wednesday to hold interest rates steady, flagging rising uncertainty from White House trade policies.But shoring up your finances requires playing defense as well as offense — keeping tabs on the money coming out of your accounts while maximizing the returns on the savings you’re piling up. And even an economy stalked by the prospects of stagflation offers some opportunities to do both.SpendingIf there are any big-ticket purchases…
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru sees heighted risk of a recession.”I believe that investors should have already upgraded their portfolios … I think that we’re going to have another bout of risk,” Gundlach said on CNBC’s “Closing Bell.”Gundlach, whose firm managed about $95 billion at the end of 2024, said DoubleLine has lowered the amount of borrowed funds to amplify positions in its leveraged funds to the…
It’s kind of a lot to live with a personal finance reporter like me. Everything is diversification and risk, prudent investing and delayed gratification.So it was not a surprise a few years ago when my wife started asking open-ended questions about what constitutes smart real estate decision-making as the planet warms and the weather gets more severe.She was right to ask. When the federal government alters its flood maps, it can affect your property values. Insurance companies want out of entire areas, in one fell swoop.We live in Brooklyn, and I’d long wondered what a storm like 2012’s Hurricane Sandy,…
The Australian government has announced a $750 million funding initiative to promote low-emission technologies in metals manufacturing, focusing on hydrogen-based iron production. Source link