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Read More »Key takeaways from Biden’s fiery State of the Union speech
There are worse places for a president to introduce the themes of his final campaign than in a primetime, nationally televised speech before a joint session of Congress. So that’s precisely what President Biden did Thursday night, capitalizing on the pomp and circumstance of his annual State of the Union address — and the massive media spotlight it commands — to frame the coming general election clash with his predecessor, former President Donald Trump, as an existential struggle over… Source link
Read More »Currency market calm before Powell speech, bitcoin resumes rally
By Samuel Indyk and Brigid Riley LONDON (Reuters) -The U.S. dollar was a touch softer on Wednesday, as traders kept their powder dry ahead of the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank’s policy announcement on Thursday. Meanwhile, bitcoin was picking up a head of steam again, although it stayed below the record high reached the day before. The absence of major catalysts kept the dollar under pressure, having slipped on Tuesday… Source link
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