The US dollar is likely to be entered in a long-term downtrend due to present political, and economic landscape which indicates a weaker dollar, as per a Jeffries report. According to the investment banking and financial services major’s report in December 24, 2024, the U.S entered an all-time high of 67.2 per cent share in
Guyana’s government should consider hedging its oil production against the falling oil prices as its booming oil revenues are set to decline with the slump in oil prices, former Guyanese Minister of Finance, Winston Jordan, told Stabroek News in an interview published on Monday. Oil prices have slumped since early April as U.S. President Donald
Homebuyers continued to retreat last week despite relatively stable mortgage rates as broader concerns about the economy and labor market weighed on demand. Mortgage applications to purchase a home fell 4% from the previous week, according to the Mortgage Bankers Association — marking the slowest pace of activity since February. The seasonally adjusted index showed