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Dollar fluctuates after US strikes on Iran, dovish Fed comments

Business

Dollar fluctuates after US strikes on Iran, dovish Fed comments

The U.S. dollar experienced a volatile trading day on Monday in the wake of the U.S. joining Israel in attacking Iran's nuclear facilities.The dollar strengthened during the Monday morning trading session, rising as much as 0.71% as investors flocked to the greenback, reaching its highest level since May, according to the WSJ Dollar Index, which measures the dollar against a basket of currencies.As afternoon approached, the dollar gave up those gains […]

todayJune 23, 2025 5

Trader Joe’s pulls ‘Vampire Slayer’ cheese curds from shelves in two states

Business

Trader Joe’s pulls ‘Vampire Slayer’ cheese curds from shelves in two states

A recall is underway for some Face Rock Creamery Vampire Slayer Cheese Curds sold at Trader Joe’s grocery stores in two states.Trader Joe’s said Friday that a "single lot code" of the cheese curds have been recalled in response to the potential risk of Listeria monocytogenes contamination.The recalled product was offered at some Trader Joe’s locations in Northern California as well as stores in the Nevada cities of Carson City, […]

todayJune 23, 2025 4

Buy now, pay later loans will now impact Americans’ credit scores

Business

Buy now, pay later loans will now impact Americans’ credit scores

FICO said on Monday that it is going to incorporate buy now, pay later (BNPL) data into credit scores as the payment method surges in popularity. The FICO Score 10 BNPL and FICO Score 10 T BNPL will be the first credit scores from a leading credit scoring provider to incorporate this data. FICO said the scores represent a "significant advancement in credit scoring, accounting for the growing importance" of such […]

todayJune 23, 2025 4

How US strikes on Iranian nuclear facilities could affect gas prices

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How US strikes on Iranian nuclear facilities could affect gas prices

Motorists don't have to worry about a massive spike in prices at the gas pump yet, according to industry analysts. Oil prices, which account for more than half of what consumers pay at the pump, fell Monday morning after temporarily surging Sunday following U.S. strikes on three key Iranian nuclear sites over the weekend.The price of West Texas Intermediate (WTI) sat around a one-year-high, while global benchmark Brent crude neared a […]

todayJune 23, 2025 5

America’s $2.1B stealth bombers deliver ‘monumental’ blow in largest ever strike

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America’s $2.1B stealth bombers deliver ‘monumental’ blow in largest ever strike

The B-2 Spirit stealth bombers, which cost billions of dollars to build, played a central role in America’s Operation Midnight Hammer strike on a trio of nuclear facilities in Iran over the weekend.Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, described Operation Midnight Hammer, which targeted Iran’s Fordow, Natanz and Isfahan nuclear sites, as the "largest B-2 operational strike in U.S. history" and the "second longest B-2 […]

todayJune 23, 2025 5

Strait of Hormuz disruption: More bark than bite for US energy, expert claims

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Strait of Hormuz disruption: More bark than bite for US energy, expert claims

Volatility might be plaguing oil and energy markets in the aftermath of U.S. strikes on Iran, but one expert is signaling that America remains protected from any retaliatory action which could instead backfire on one of its greatest adversaries."Iran is overplaying their hand here," Independent Women’s Forum Center for Energy and Conservation Director Gabriella Hoffman told Fox News Digital on Monday."People will see that it's them playing politics with energy […]

todayJune 23, 2025 4

FedEx founder Fred Smith dead at 80

Business

FedEx founder Fred Smith dead at 80

Frederick W. Smith, the founder and former executive chairman of FedEx, died on Saturday, the company announced. He was 80 years old."Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx – its PSP culture, values, integrity, and spirit," a message to FedEx employees from CEP Raj Subramaniam said, referring to the company's philosophy of […]

todayJune 22, 2025 7

WALL STREET JOURNAL: Trump Meets the Moment on Iran

Business

WALL STREET JOURNAL: Trump Meets the Moment on Iran

President Trump’s decision to strike Iran’s three most significant nuclear sites on Saturday helped rid the world of a grave nuclear threat and was a large step toward restoring U.S. deterrence. It also creates an opportunity for a more peaceful Middle East, if the nations of the region will seize it."Iran’s key nuclear enrichment facilities have been completely and totally obliterated," Mr. Trump said Saturday night. He made clear Iran […]

todayJune 22, 2025 1

Oil prices expected to be impacted following US bombing of Iran nuclear sites

Business

Oil prices expected to be impacted following US bombing of Iran nuclear sites

The global oil market is a point of major focus after the U.S. attacked three key Iranian nuclear sites over the weekend.Oil prices are expected to rise following what President Donald Trump called "a spectacular military success" in which, he said, Iran's nuclear enrichment facilities had been "obliterated." Trump also said the U.S. military could go after other targets in Iran if the country did not agree to peace.Saul Kavonic, […]

todayJune 22, 2025 4