Author: Staff

Currency News

McDonald’s to accept foreign currency in the U.S. – just for three hours on this one day – USA TODAY

McDonald’s to accept foreign currency in the U.S. – just for three hours on this one day  USA TODAY

To mark the launch of its Worldwide Favorites Menu in the U.S., McDonald’s restaurants will accept foreign currency from customers on Thursday from 2-5 p.m. local time. The deal is good only for the four items on that new menu at participating restaurants and is limited to one piece of foreign cash per customer. The Worldwide Favorites Menu – the Stroopwafel McFlurry from the Netherlands, the Grand McExtreme Bacon Burger from Spain, the Tomato Mozzarella Chicken Sandwich from Canada and the Cheesy Bacon Fries Australia – launches nationwide on Wednesday. Owner-operators of each individual M…

Stock News

A full breakdown of where the stock market stands today and whether the tariff pain is priced in – CNBC

A full breakdown of where the stock market stands today and whether the tariff pain is priced in  CNBC

– The nearly 7% drop in the S&P 500 since its April 30 high is masking some deterioration underneath. – Close to one-fifth of all stocks are below their December lows, even though the S&P is up more than 15% since then. – Tim Hayes, chief global investment strategist at Ned Davis Research, says there will be a buying opportunity in the second half, but not until further signs of “panic and capitulation” arise. – One positive with the yield decline is that stocks are again attractively valued compared with bonds. The bad news: The opening of a second trade-war front along the U.S.-Mexico bor…

World Economy

How Is China’s Economy Doing? – Seeking Alpha

How Is China’s Economy Doing?  Seeking Alpha

CEO Jan van Eck and Economist Natalia Gurushina discuss the state of China’s economy and highlight two key charts for understanding where it is in its growth cycle. China has been a major contributor to global growth, and its economic activity tends to have significant repercussions for the global economy. To understand where the Chinese economy is in its growth cycle, the two charts below are perhaps the only charts one needs. Chinese Economy Health Check: PMIs Source: Bloomberg. Data as of May 31, 2019. Past performance is no guarantee of future results. Chart is for illustrative purposes…

Trading News

Top intraday trading ideas for afternoon trade for Monday 3 June 2019 – Economic Times

Top intraday trading ideas for afternoon trade for Monday 3 June 2019  Economic Times

NEW DELHI: Equity benchmarks Sensex and Nifty were trading higher in Monday’s session on account of buying in frontline bluechip counters. ETMarkets.com collated a list of trading ideas from various experts and here’s what they had recommended for today’s afternoon trade: Manas Jaiswal of manasjaiswal.com Hero MotoCorp is a ‘Buy’ call with a target price of Rs 2950 and a stop loss of Rs 2740. CESC is a ‘Buy’ call with a target price of Rs 790 and a stop loss of Rs 745. Jubilant Foods is a ‘Buy’ call with a target price of Rs 1400 and a stop loss of Rs 1325. Kunal Bothra independent market e…

Banking News

Suspects ram U-Haul into Comerica Bank, flee scene empty handed – WXYZ Detroit

Suspects ram U-Haul into Comerica Bank, flee scene empty handed  WXYZ Detroit

Detroit police are looking for suspects who drove a U-Haul truck into a Comerica Bank on the city’s west side Sunday morning. Investigators say the attempted theft and extensive damage happened around 4:40 a.m. in the 13000 block of W. Chicago. According to a preliminary investigation, once the suspects crashed into the building, they damaged the ATM inside in an attempt to get money. The bank’s manager says no money was taken from the ATM or bank. The suspects then fled the scene in a gray van that was later found at Littlefield Street and Ellis Avenue. No information has been provided on …