- Reuters
REFILE-FOCUS-Gaza war cools Israel's once red-hot business ties with UAE
The war in Gaza has cooled Israeli business activity with the United Arab Emirates, with the once-celebrated relationship now conducted away from public scrutiny amid anger in the Arab world over the conflict. The UAE became the most prominent Arab state in 30 years to establish formal ties with Israel under a U.S.-brokered agreement in 2020, dubbed the Abraham Accords.
- Reuters
GLOBAL MARKETS-Stocks trade mixed, dollar climbs as Fed rate path pondered
European stocks rose on Wednesday, boosted by company earnings, while U.S. futures dipped and the dollar climbed as investors assessed signals on the path for Federal Reserve interest rates. The yen fell even with the threat of currency intervention from Japanese authorities to support it. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.45% overnight.
- Associated Press Finance
Edmunds: Trade or sell your car? What's best might surprise you
According to a recent Edmunds used vehicle report, demand for used cars is dropping and so are their values as the new-car market rebounds from pandemic-induced shortages. This is especially true for 1- and 2-year-old vehicles. Selling your vehicle privately will likely yield a higher sales price than trading in at a dealership.
