Columbus, OH

Khoon Goh from ANZ says while there may be carry trade unwind in Chinese Yuan, the currency isn't expected to strengthen suddenly or too much because it's under firm control by the government and China is still on an easing path given weak domestic consumption.

The Chinese Yuan may be the next carry trade to unwind: ANZ

The "offshore" yuan traded in Hong Kong surged Monday against the U.S. dollar to its strongest level for 2024 — below 7.1 — before weakening slightly to around 7.18 as of Wednesday afternoon, according to Wind Information. Many trade companies, especially smaller ones, have "currently adopted a strategy...

China's exporters enjoyed the benefits of a weak yuan. Now that's changing and cutting into profits

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Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope of the Day, Thursday, August 8th

California State

Uber, Lyft, Grubhub and DoorDash scored a major victory in a recent ruling from California's top state court upholding Proposition 22 and the classification of drivers as independent contractors rather than employees. Gig economy companies, as well as drivers who prefer contractor status, think they now have nationwide momentum to...

Uber, Lyft and the gig economy think they've found a way to win the national labor war

Jessica Jackson was afraid of heights when she first started her job as a wind turbine service technician — now, she spends most of her days working 300 feet in the air. Jackson, 37, is a technician at Vestas, a wind turbine manufacturer, in Bee County, Texas, and earns $73,000 per year.

37-year-old mom earns $73,000 in one of the most in-demand jobs in the world—and it doesn't require a degree: 'I love what I do'

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Denver, CO

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Florida State

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Missouri State

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

South Carolina State

Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Under Armour beat Wall Street's quarterly estimates on the top and bottom lines. The company adjusted its full-year profit guidance after settling a securities lawsuit from 2017 for $434 million. Sales fell in North America, online and across apparel, footwear and accessories. Still, the company beat Wall Street's expectations on...

Under Armour sales fall after retailer cuts discounts, promotions in bid to be more premium

The Biden administration is expected to move to forgive the student debt of tens of millions of borrowers as soon as October. These are the four groups that may benefit from partial or full debt relief if the plan survives the next round of legal challenges. As the Biden administration...

These 4 groups of borrowers will qualify for Biden's next round of student loan forgiveness

Janet Mui, head of market analysis at RBC Brewin Dolphin, comments on the U.S. labor market and trader reactions.

Markets overreacting to U.S. jobs data that wasn't that bad, analyst says

RJ Scaringe, Rivian CEO, joins 'Closing Bell Overtime' to talk quarterly results, rolling out Gen 2 vehicles, affordability and more.

Rivian CEO RJ Scaringe: There's still a lot of demand on the sideline for EVs

A state of emergency has been declared in Kursk following a Ukrainian incursion into the Russian border region. Around 3,000 residents have been evacuated from the region in southwest Russia. Acting regional Governor Alexei Smirnov said that the "operational situation" in the border areas of Kursk remained "complicated." Thousands of...

3,000 evacuated, state of emergency declared after Ukraine’s raid into Russia

A stalking horse bid is used as a starting or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or the company. California-based Complete Solaria, a solar technology, services, and installation company will acquire SunPower's Blue Raven Solar business, New Homes business, and non-installing Dealer network.

China will continue to struggle with weak demand for the rest of the year: Professor

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