Rupiah to Consolidate Before Further Gains, Citi Strategist Says
Emerging market currencies, especially those that are high-yielding, tend to weaken for various reasons in August, said Rohit Garg, head of foreign exchange and rates strategy Asia ex-Japan for Citigroup Inc. By the end of the year, the strategist forecasts the rupiah to rally almost 2% against the dollar.
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Battle of the Bugs: Which Pest Control Stock is Best?
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Future Tech Enterprise, Inc., a family-owned global IT solutions provider offering a diverse array of technology services and solutions to the corporate and government sectors, today announces that it will invest $1,000 for children born to its U.S. employees to match the $1,000 federal seed investment established under the new Invest America Act. This investment in the children of our employees, underscores Future Tech's long-standing commitment to supporting not only innovation but also the families and communities that make that innovation possible. Signed into law on July 4, 2025, the Invest America Act provides every U.S.-born child with a $1,000 investment account, aimed at fostering long-term savings, reducing intergenerational poverty, and closing the wealth gap. This bipartisan legislation recognizes that giving children a financial head start is an investment in America's future. 'As someone who has dedicated time and resources to ensuring children have the tools they need to thrive—whether that means providing laptops to young leaders in our schools or mentoring future entrepreneurs—this legislation resonates deeply,' said Bob Venero, CEO of Future Tech. 'It aligns with our belief that opportunity should not be a matter of luck, but a shared investment in our collective future.' In alignment with the Act, Future Tech will provide an additional $1,000 investment for each child born to full-time U.S.-based employees, effectively doubling the starting investment for those families. 'This investment will create a powerful multiplier effect,' added Venero. 'By pairing federal investment with private sector support, we can accelerate generational wealth-building and opportunity. As a family-owned company, we see our employees as extended family and we want their children to have the same shot at success that we work to build for our clients every day. I was inspired by Michael Dell, CEO of Dell Technologies, recent decision to offer a similar benefit at Dell Technologies.' A Commitment to People, Innovation, and the Future Future Tech's action reflects its broader philosophy: that technology leadership and social responsibility go hand-in-hand. Investing in families today builds a more resilient, skilled, and inclusive workforce tomorrow. 'If we want the United States to remain a global leader in technology and innovation, it starts by investing in the next generation,' said Venero. 'By giving every child — regardless of background — a head start, we're helping ensure a brighter, more equitable future for all.' This initiative joins a range of employee- and community-focused programs Future Tech has led over the years, including technology donations to schools, mentoring programs, and educational partnerships. For more information about Future Tech and its commitment to its employees and the community, visit About Future Tech Enterprise, Inc. Future Tech Enterprise, Inc is a global IT solutions provider, offering a diverse array of technology services to both corporate and government sectors. As a trusted IT partner to Fortune 500 companies, many of which support federal government agencies, Future Tech helps organizations optimize their IT environments and transition to next-generation technologies that drive productivity and innovation. With deep expertise across aerospace, defense, education, energy, financial, healthcare, and manufacturing sectors, Future Tech understands how to navigate the complexities of enterprise-scale environments and the unique demands of multi-stakeholder organizations. For more information, please visit
