Airbnb spent fifteen years trying to put hotels out of business. Now itās selling hotel rooms. Thatās not a headline anybody ran with, but itās the most important thing happening at this company. Airbnb (ABNB) has been quietly rebuilding a dedicated hotel operation, hiring hotel executives to run it, and piloting with boutique and independent…
After yesterday’s U.S. CPI report, the market has entered its next critical phase. The softer inflation backdrop reinforced expectations that the Federal Reserve could become less restrictive, weighing on the U.S. dollar and allowing USD/CAD to break decisively below the 1.4150 support zone. The technical picture has shifted from range-bound trading to a bearish corrective…
Effective immediately, the 2026 budget is available in electronic format on the website of the Federal Finance Administration (FFA). The hard copy will be released in mid-September. Following the Federal Council’s announcement of the figures for the 2026 budget on June 25, 2025, the detailed budget is now available. During its meeting on August 20,…
The Macro Picture šŗļø ZEC went through a violent structural reset ā the late-May $685 highs collapsed in a single wick to $250 before buyers stepped in hard. That kind of capitulation flush is exactly what carves durable floors, and what followed proves it: price built a base above $400 and has since ripped higher…
Market View Japan 225 is currently trading around the 68,400ā68,500 area on the 4H chart. After a strong rally into the 72,000ā73,500 region, the index lost momentum and moved into a corrective range. Price has since been rotating between support around 66,000ā67,000 and resistance near 69,000ā70,000. The latest price action shows that buyers are trying…
XAUUSD is consolidating within a converging triangle pattern, yet the underlying structure remains bearish as the price consistently forms lower highs beneath the trendline. The 4,060ā4,066 zone acts as key resistance, while 4,024ā4,025 serves as the immediate support. If the price rallies to the resistance level but faces rejection, sellers could push gold back down…
US stocks trimmed gains on Wednesday as a softer-than-expected wholesale inflation reading, and chipmaking equipment maker ASML’s (ASML) bullish outlook on AI demand failed to lift the chip sector. The Dow Jones Industrial Average (^DJI) fell below the flatline, while the S&P 500 (^GSPC) was little changed. The Nasdaq Composite (^IXIC) also dropped 0.1% following…
Market Overview The crypto market capitalisation rose by 3.5% to $2.22T, reaching a three-week high, following the release on Tuesday of weak US inflation data, which showed inflation slowing at its fastest rate in the last six years, thereby reducing the likelihood of a Fed rate hike. The market has risen above its 50-day moving…
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Name: Ugwechi Amadi New title: Senior vice president, chief strategy officer, McDonald’s Previous title: Executive vice president, head of corporate strategy and development, LIV Golf Ugwechi Amadi joined McDonald’s this month, succeeding Emily…
Alcoa and the governments of Australia, Japan, and the United States have reached a final investment decision to develop a gallium production plant at the company’s Wagerup alumina refinery in Western Australia, marking a new effort to diversify global supplies of the critical mineral. The facility will be built and operated by Alcoa, drawing on…
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