The US greenback has appreciated 2.65% against a basket of its developed market peers since the election and is at a two-year high.
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S&P Global’s US Composite Purchasing Managers’ Index shows business activity grew the fastest in over two years this month.
The asset manager announced annual revenues rose 14%, topping $20 billion for the first time, with record net inflows of $641 billion.
It’s basic Newtonian physics, as Boeing just learned: When the sky falls for a company, so, too, will the bottom line.
The company’s struggle gives us a glimpse into how the wider world of voice assistants is trying to keep up with the technology zeitgest.