Author: Robert Jessi

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Cheif finance content and platform manager.

The dark web is a hidden part of the internet that you can only access through specialized browsers; ordinary search engines don’t work. And unlike the public web you use every day, activity on the dark web doesn’t leave a digital trail. While there are legitimate reasons for people to use the dark web (like for whistleblowing and political activism), it’s also a marketplace for stolen personal information, which means it’s important to understand how to protect yourself. Your identity, now on sale For cybercriminals, the dark web is a marketplace where stolen personal information is bought and sold. They…

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MONROE, Mich. – La-Z-Boy Incorporated () reported first quarter results that missed analyst expectations on both earnings and revenue, while providing second quarter guidance below Wall Street estimates. LZB stock was down 16% in after-hours trading following the announcements The furniture retailer posted adjusted earnings per share of $0.43 for the quarter ended July 25, 2026, falling short of the analyst consensus of $0.49. Revenue totaled $476 million, down 3% YoY and below the $495.45 million analyst estimate. Excluding the impact of the wholesale casegoods divestiture completed in May, sales declined 1%. The company reported a GAAP diluted loss per…

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Here is what you need to know on Wednesday, August 19:The US Dollar Index (DXY) held a firm tone near the 99.60s on Tuesday, keeping a mild safe-haven bid as tensions around the Strait of Hormuz stayed front and center. Gold and Oil both sold off, and most major currencies drifted lower against the Greenback. Attention now turns to a busy Wednesday, led by United Kingdom (UK) inflation, a raft of Eurozone data and the Federal Open Market Committee (FOMC) Minutes. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies…

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In an otherwise reasonably benign environment, the drift higher in energy prices and longer-dated bond yields are proving points of attention. Both are mildly dollar-supportive in that they make it difficult to completely dismiss the chances of tighter Fed policy. Having bounced back from range lows yesterday, the dollar can hold gains in the near term USD: Too Soon to Be Chasing the Dollar Lower The dollar index rebounded from the range lows at 99.40 yesterday, showing that the dollar is not quite ready to make a sustained break lower just yet. The two factors providing near-term support are higher…

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The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 220th consecutive day on Friday. The PKR closed at 277.62 after gaining three paisas against the US Dollar today. The rupee has consistently reported gains against the dollar since December 25, 2025. Other Currencies PKR was stable against both the UAE Dirham (AED) and the Saudi Riyal (SAR). Meanwhile, it lost Rs. 2.45 against the British Pound (GBP) and Rs. 2.46 against the Euro (EUR). Currency 11-Aug 2026 12-Aug 2026 13-Aug 2026 17-Aug 2026 Change +/– USD 277.6715 277.6605 277.6522 277.6228 0.0294 EUR 320.2385 320.3508 319.9803…

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The Canadian dollar on Friday pushed past 72 cents U.S. (Credit: Peter J. Thompson/National Post files) The Canadian dollar on Friday pushed past 72 cents U.S., continuing its reversal that started in late June due to a sliding greenback as bets fade for the United States Federal Reserve to hike interest rates. “Spread compression (on interest rates) is a clear motivation for the (Canadian dollar),” Shaun Osborne, currency strategist at Bank of Nova Scotia, said in a note on Friday. After nearly falling below 70 cents U.S. in late June, the loonie has rebounded 2.6 per cent as the rate…

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Canada’s financial services sector, long characterised by stability and concentration among a handful of large banks, is undergoing a decisive digital transformation. Over the past 18 months, a confluence of regulatory reform, infrastructure modernisation and fintech innovation has begun to reshape how money moves, how data is shared and how consumers interact with financial institutions. The result is not merely incremental change, but the foundations of a more open, competitive and technology-driven system. The most significant shift has been the long-awaited arrival of consumer-driven banking, more commonly known as open banking. After years of consultation, the federal government confirmed in…

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Canada’s July rose 3.0%, up from 2.8% in June, though was more moderate at 2.0% ahead of Wednesday’s deadline for 50% tariffs on $20B of Canadian exports to the US – what are the implications for ?USD/CAD Key TakeawaysCanada’s July CPI rose 3.0%, up from 2.8% in June, though median CPI was more moderate at 2.0%. The US has threatened 50% tariffs on roughly $20 billion of Canadian imports, raising risks ahead of Wednesday’s deadline. USD/CAD’s medium-term bias continues to point lower, so traders will likely look to sell any short-term rallies After a week of North American traders focusing…

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Gold is retreating after hitting three-day highs just below $4,450 early Tuesday, and is flirting with $4,400 as of writing.Gold awaits Wednesday’s FOMC MinutesGold bulls take a breather following two consecutive days of gains, assessing the impact of the truce lapse between the United States (US) and Iran on Oil prices and US Treasury bond yields.US President Donald Trump said on Monday that he is not interested in renewing the expiring agreement with Iran, per Bloomberg. He continued to reinforce the US naval blockade in the Strait of Hormuz as a key leverage over Iran, while insisting that the US retained…

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