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Dollar Gains as Fed Rate-Cut Rethink Fuels Best Year in Nine

(Bloomberg) -- The US dollar rose Tuesday, capping its strongest yearly advance in nearly a decade as the solid US economy and President-elect Donald Trump’s tax-cut and tariff policies promise to keep interest rates elevated.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe gain drove the Bloomberg Dollar Spot Index to the highest since November 202

Boeing on track to be 2024's biggest loser in Dow Jones Index

Boeing's shares opened the year at $257.50. Regardless, Boeing has struggled to produce close to its maximum-allowed 737 planes per month due to supply-chain problems, quality issues and a seven-week-long strike that temporarily shut down most of its commercial aircraft production, including the 737 program. Boeing also continued to post massive losses from its commercial, military and space programs throughout the year.

Posh New York City Suburb to Tap Bond Market for $189 Million

(Bloomberg) -- Westchester County plans to issue roughly $189 million in general obligation bonds, with Fitch Ratings giving the debt a top-tier AAA rating. Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMigrant Crisis Pushed US Homelessness to Record High in 2024The affluent enclave, home to New York City suburbs like Scarsdale and Rye, will use the proceeds from the sale expected in February for various capita