Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend

President Donald Trump’s relaxed tone about the dollar selloff is fueling speculation the US currency is at the start of a longer-term decline. The dollar suffered its deepest one-day drop since last year’s tariff rollout after Trump said on Tuesday he didn’t think...

Crypto Traders Flee to Prediction Bets After Crash

Not long ago, Nikshep Saravanan was deep in the crypto trenches — trading memecoins, reaching out to venture capitalists, and trying to launch a startup for digital creators. By January, he’d dropped it all. These days, he spends hours on prediction markets, tracking...

S&P 500 Posts Its First Two-Week Losses Since June: Markets Wrap

Wall Street ended a jittery week on a relatively quiet note, with stock traders digesting the rally of the past two days in the run-up to the Federal Reserve decision and the start of the big-tech earnings season. While the S&P 500 posted its first back-to-back...

China Paves Way for Yuan Gains as PBOC Boosts Fix Beyond 7

China opened the door for further yuan gains, as the central bank strengthened the daily reference rate by the most since August, pushing it past a closely watched level. The People’s Bank of China set the so-called fixing at 6.9929 per dollar on Friday, compared with...