Markets
Gold Jumps 6% Weekly as Fed Hike Bets Cool, Mideast Hopes Rise
Gold surged above $4,300 an ounce, marking its strongest weekly performance since January, driven by easing Federal Reserve hike expectations and hopes...
Markets 555 articles
Markets
Gold Reaches One-Month High, US Jobs Data Dents Rate Hike Bets
Gold prices surged to a one-month high on Friday, gaining $96.20 an ounce, driven by unexpected U.S. employment data that lowered expectations...
Markets
Lucara Diamond Q2 Sales Fall 6.2% Despite Earnings Increase
Lucara Diamond Corp. reported a 6.2% decline in its second-quarter revenue, reaching $41.0 million, even as net earnings rose to $15.6 million.
Markets
Trump Renews Push to Oust Fed Governor Cook
President Trump has reignited efforts to remove Federal Reserve Governor Lisa Cook over unproven mortgage fraud allegations, just weeks after the Supreme...
Markets
Gold Dips as Red Sea Attacks Fuel Crude Prices, Rekindling Inflation Fears
Gold prices edged lower on Thursday, offsetting recent gains, as Houthi attacks on Saudi tankers in the Red Sea pushed crude oil...
Markets
Remitly Global Shares Climb 7.7% on Strong Q2 Earnings Beat
Remitly Global stock surged nearly 8% today after the remittance specialist reported second-quarter results that significantly surpassed top-line estimates and demonstrated robust...
Markets
Oklo, EQT Valuations Reflect More Hype Than Fundamentals
Despite strong businesses, energy stocks Oklo and EQT exhibit valuations driven by optimistic future expectations rather than current financial realities, according to...
Markets
EU, China Ministers Meet on Trade Imbalance
EU Trade Commissioner Maros Sefcovic meets his Chinese counterpart in Brussels to address a widening trade imbalance, as Europe prepares countermeasures against...
Markets
Gold Soars as Trump Reassures on Hormuz Deal Progress
Gold prices surged on Wednesday after President Donald Trump expressed confidence that Iran would soon strike a deal with the U.S. to...