Dollar Nears a Three-Year Low Ahead of FOMC’s Rate Decision

Bloomberg’s gauge of the dollar approached its lowest level since March 2022 ahead of the Federal Reserve decision, where policymakers are expected to resume cutting interest rates to prop up a weakening labor market. The Bloomberg Dollar Spot Index was little...

Ralph Lauren Slips as Three-Year Sales Guidance Disappoints

Ralph Lauren Corp. sees revenue growth remaining similar to recent rates over the next three years, according to the preppy fashion company’s latest strategic outlook. The New York-based retailer is projecting sales to grow at a mid-single-digit percentage annually...

Wall Street Raises Alarm on Trump Ending Quarterly Earnings

For more than half a century publicly-traded US corporations have reported earnings at quarterly intervals, but during an early-morning wave of social media posts on Monday, President Donald Trump reignited a long-standing debate over the requirement. Trump is pushing...

Investors Cut Dollar Exposure at Record Pace, Deutsche Bank Says

Overseas investors are slashing their dollar exposure at “an unprecedented pace” as they put on currency hedges when buying US stocks and bonds, according to a Deutsche Bank AG analysis of exchange-traded funds. For the first time this decade, flows into dollar-hedged...