China Renminbi Settlement Surge Erodes Dollar Demand
Renminbi settlement is growing because it can reduce fees and delays in trade with China.
Economy
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Rising Jet Fuel Costs Force Malaysian Carriers to Weigh Suspensions
Rising jet fuel costs are forcing Malaysian carriers to review unprofitable routes.
Sanae Takaichi Health Concerns Cloud Upcoming White House Visit
Japanese Prime Minister Sanae Takaichi faces health concerns days before a summit with President Trump, sparking market volatility and political uncertainty.
Athleta March Discounts Hit 20%
Athleta leaned on promo codes such as GOODHANG20 and 14DAYPASS to move spring inventory.
Donald Trump Appoints New USAGM Head to Replace Kari Lake
A court ruling forced the Trump administration to replace Kari Lake as acting USAGM chief.
Luxury Furniture Brands Pivot to Durable Customization
Luxury furniture buyers are prioritizing customization, modularity and performance fabrics.
Ulta Beauty Stock Tumbles on Mixed Fourth Quarter Results
Ulta Beauty shares fell after stronger revenue failed to offset weaker earnings and cautious guidance.
Federal Reserve Cuts Capital Reserve Requirements
The Federal Reserve reduced the planned increase in capital requirements for major banks.
Global Markets Bracing for Two Hundred Dollar Oil
Oil prices may hit 200 dollars as Strait of Hormuz conflict causes a 16 million barrel shortfall. CME warns against government market intervention.
Goldman Sachs Raises US Recession Odds to 25 Percent
Goldman Sachs warns of a 25% recession risk as February payrolls drop by 92,000 and the war in Iran threatens to push oil prices toward $110 per barrel.
British Wildlife Will Replace Historical Icons on New Banknotes
The Bank of England will replace historical figures with British wildlife on future banknotes, turning currency design into a debate over identity.
Treasury Crypto ISA Rules Spark Financial Backlash
British regulators face backlash over plans to restrict crypto to niche IFISAs in 2026, sparking fears the UK is falling behind the US in digital finance.