springbig Holdings earnings missed by $0.03, revenue fell short of estimates
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Gold prices jump 1.6%, post strong weekly gains in global markets
Gold surged 1.6% in spot trading to $4,590.51 per ounce, recording a 5% weekly gain as other precious metals also advanced.
Billionaire David Tepper Sells Lyft in Favor of Its Biggest Rival, Which Has 30% Upside, According to Wall Street
Key PointsTepper's hedge fund, Appaloosa Management, has held on to Lyft stock since 2024.
Gold regains momentum as weak Dollar, safe haven demand and seasonal buying support prices
Gold prices have surged sharply in August, supported by a weaker U.S. dollar, expectations of monetary easing, geopolitical tensions, and sustained central-bank purchases.
- Gold prices surged 16% in August amid weaker dollar and rising safe-haven demand
- Central banks, especially in emerging economies, increased gold reserves
- Strong Asian demand from China and India supports gold prices
Why the bond market is flexing its muscles, and why everyone needs to care
NEW YORK (AP) — The bond market is one of the few forces in the world strong enough to get politicians to snap to attention.
- Bond market exerting influence on global economy
- Rising bond yields prompt U.S. Treasury intervention
- Higher yields raise concerns about borrowing costs
Japan eyes fiscal 2027 assumed bond interest rate at 3.8%
The rate, used to calculate the government's debt-servicing costs, is expected to be raised significantly from 3% in the fiscal 2026 budget.
Gold prices extend rally to one-month high
Vietnam gold prices continued to climb Saturday morning, reaching the highest since July 21 as the precious metal ended the week 5% higher on global markets.