Tag: currency markets
What are carry trades and how did they contribute to this week's global market mayhem?
BANGKOK -- The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.”...
Alabama woman pleads guilty to defrauding pandemic relief fund out of $2 million
MONTGOMERY, Ala. -- An Alabama woman has pleaded guilty to federal wire fraud and money laundering charges for fraudulently claiming nearly $2 million...
Edmunds: The five best used SUVs for under $35,000
Whether you’re a busy professional seeking comfortable transportation, a parent seeking reliability and low cost in a family vehicle, or an outdoor enthusiast...
Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record
Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates,...