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Gold held a two-day decline after a Federal Reserve official signaled one more interest-rate hike may be needed this year, but further tightening won’t be necessary in 2027, improving sentiment toward the precious metal.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
NEW YORK: Wall Street stocks were mostly lower at the end of a choppy session Tuesday, digesting solid results from US banks and a pullback in Asian markets prompted by worries over the AI investment boom.
LONDON/SINGAPORE: Oil prices were mixed on Tuesday as hopes the US-Russia diesel deal could free up more supplies from Moscow offset attacks in Saudi Arabia and Yemen that could result in additional supply disruptions.
Indonesia’s increasingly centralized economic model promises greater protection against external shocks. Yet concentrating both authority and financial risk in the state may be eroding the many shock…
Bank of America has been fined US$1.21 billion by US regulators for widespread failures to detect potential money laundering and other illicit activity, a penalty the bank said will hurt third-quarter…
NEW YORK: Gold prices edged lower on Tuesday, while investors awaited key US inflation data and remarks from the Federal Reserve chair due later this week to gauge the outlook on monetary policy.
Hardly for the first time recently, the company earned a price target raise from an analyst.
