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Rich Asplund

Dollar Moves Higher and Gold Tumbles on Hawkish Fed

Gold US Federal Reserve BOJ United States Inflation

The dollar index (DXY00) Thursday rose by +0.52%. The dollar rallied Thursday on positive carryover from Wednesday when the FOMC projected only 25 bp of rate cuts this year compared to 75 bp of rate cuts back in March. Gains in the dollar were limited after US May producer prices rose less than expected, and weekly initial unemployment claims unexpectedly rose to a 10-month high, dovish factors for Fed policy.

US weekly initial unemployment claims unexpectedly rose +13,000 to a 10-month high of 242,000, showing a weaker labor market than expectations of a decline to 225,000.

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Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

FDA inspectors cited 14 sterility and manufacturing concerns at Houston RX, the maker of recalled compounded tirzepatide. What GLP-1 users should check.

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

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Mississippi woman keeps $1.2m farm despite ex-husband’s claim after using it to finance their home

Mississippi woman keeps $1.2m farm despite ex-husband’s claim after using it to finance their home

Ellen Harrison successfully retained sole ownership of her 432-acre Butler Road Farm after her divorce from Wiley Harrison. The Mississippi Court of Appeals upheld the lower court's ruling classifying the farm as non-marital property, given its purchase before their marriage. Wiley challenged the ruling, claiming marital asset status due to…

The Times of India

Three deaths from float crushes raise safety concerns over Japanese festivals

Three deaths from float crushes raise safety concerns over Japanese festivals

Deputy mayor of Saijo died after becoming trapped under float, days after two similar incidents elsewhere

The Guardian - UK

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Sticker tycoon. Trump cheerleader. Rapper. Congressman?

Sticker tycoon. Trump cheerleader. Rapper. Congressman?

Anthony Constantino wants to fill Elise Stefanik’s seat in New York. But his lead in the formerly Trump-loving district is narrowing

The Guardian - US

The European cities facing protests from Paris to Milan as continent gripped by cost of living crisis

The European cities facing protests from Paris to Milan as continent gripped by cost of living crisis

Mass protests over the rising cost of living and worsening standards have thrown Europe into turmoil

The Independent UK

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Top stories on inkl right now

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

FDA inspectors cited 14 sterility and manufacturing concerns at Houston RX, the maker of recalled compounded tirzepatide. What GLP-1 users should check.

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainian and Sudanese immigrants covered by Temporary Protected Status will retain their deportation protections and work permits beyond the programs' scheduled Oct. 19 expiration, according to CBS News, entering the same uncertain wait that Salvadorans have faced since their own deadline passed last month.

Mississippi woman keeps $1.2m farm despite ex-husband’s claim after using it to finance their home

Mississippi woman keeps $1.2m farm despite ex-husband’s claim after using it to finance their home

Ellen Harrison successfully retained sole ownership of her 432-acre Butler Road Farm after her divorce from Wiley Harrison. The Mississippi Court of Appeals upheld the lower court's ruling classifying the farm as non-marital property, given its purchase before their marriage. Wiley challenged the ruling, claiming marital asset status due to…

The Times of India

Three deaths from float crushes raise safety concerns over Japanese festivals

Three deaths from float crushes raise safety concerns over Japanese festivals

Deputy mayor of Saijo died after becoming trapped under float, days after two similar incidents elsewhere

The Guardian - UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Sticker tycoon. Trump cheerleader. Rapper. Congressman?

Sticker tycoon. Trump cheerleader. Rapper. Congressman?

Anthony Constantino wants to fill Elise Stefanik’s seat in New York. But his lead in the formerly Trump-loving district is narrowing

The Guardian - US

The European cities facing protests from Paris to Milan as continent gripped by cost of living crisis

The European cities facing protests from Paris to Milan as continent gripped by cost of living crisis

Mass protests over the rising cost of living and worsening standards have thrown Europe into turmoil

The Independent UK

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Evening Standard

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The Times of India

Sweet corn can turn dark after home canning even when it was processed correctly; natural compounds can react with iron and air to create the unexpected colour

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The Economic Times

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SNL UK obliterates controversial US comedian Shane Gillis in foul-mouthed sketch

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