The declining dollar faces more headwinds after posting worst first-half return in 52 years

The declining dollar faces more headwinds after posting worst first-half return in 52 years

U.S. dollar banknote and decreasing stock graph are seen in this illustration taken April 25, 2025. Dado Ruvic | Reuters Fresh off its worst performance since Richard Nixon was president, the U.S. dollar faces a variety of headwinds heading into the second half of the year that could have important investing implications. The greenback tumbled…

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Here’s what current and former Fed officials are saying about Lisa Cook investigation

Here’s what current and former Fed officials are saying about Lisa Cook investigation

Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images Current and former Federal Reserve officials struck a common note when asked about Lisa Cook’s situation: It’s imperative the central bank’s independence is preserved….

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Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the ‘Kevins’

Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the ‘Kevins’

Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the US Federal Reserve Reuters President Donald Trump’s fresh comments on potential candidates to replace Jerome Powell as the next chair of the Federal Reserve sparked a wave of speculation on prediction markets. National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh,…

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Stories of writers and wolves are finalists for the nonfiction Baillie Gifford prize

Stories of writers and wolves are finalists for the nonfiction Baillie Gifford prize

LONDON — Literary biographies vie with explorations of extremism, slavery and European wolves on the shortlist for Britain’s leading nonfiction book prize. The six finalists announced Thursday for the 50,000 pound ($67,000) Baillie Gifford Prize include “The Boundless Deep,” a biography of poet Alfred, Lord Tennyson by Richard Holmes, Frances Wilson’s “Electric Spark,” about Scottish…

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