Gold Dips Below $4,000 as Hormuz Blockade, Hawkish Fed Fuel Rate Hike Bets
Gold prices declined below $4,000 an ounce, driven by escalating tensions in the Strait of Hormuz and Federal Reserve remarks signaling potential interest rate hikes.
Gold prices declined below $4,000 an ounce, driven by escalating tensions in the Strait of Hormuz and Federal Reserve remarks signaling potential interest rate hikes.

Faces BabyBank in Bedford saw demand for aid jump 80% in 2025, supporting 2,098 families. The charity reports ongoing financial strain and...

Regulatory changes have made switching broadband, energy, and bank accounts significantly easier, offering consumers hundreds of pounds in savings. New services streamline...

Nubank's Nu Mexico unit received authorization to operate as a bank, with 30 days to complete its transformation, aiming to become Mexico's...

A government review labels the Pip disability benefit 'not fit for purpose,' prompting fundamental changes. Universal Credit reforms have already halved health...

Australia's mortgage market faces up to A$4 billion in suspected fraud as generative AI creates convincing fake financial documents, prompting calls for...

A four-year prohibition on a U.S. central bank digital currency (CBDC) is set to become law at midnight, embedded within a housing...

A new memorandum of understanding between HHS and the VA could significantly benefit companies developing psychedelic-based drug treatments for veterans.

Soybean futures and cash prices advanced 4 to 5 ½ cents on Monday, bolstered by a significant export sale to China and...

Rio Tinto plc has been named the #1 broker analyst pick among 50 global mining leaders, according to a Metals Channel study...

A month after its historic IPO, SpaceX shares have dipped significantly, as investor excitement shifts from AI narratives to the company's core...
Global smartphone shipments fell 11% in Q2, reaching a 13-year low, as manufacturers passed rising memory component costs to consumers, Counterpoint Research reports. Apple, avoiding price hikes, saw shipments increase.

The U.S. temporarily waived sanctions on Iranian oil exports Monday, opening the door for Tehran to return to global energy markets as...

China's commerce ministry has sanctioned 10 US tech companies, blocking exports of 'dual-use' items to the US, weeks after the Pentagon blacklisted...

Cuba suffered its second nationwide blackout in a week, grappling with an aging grid and fuel shortages. Simultaneously, US lawmakers urged new...

The former CFO of The Epoch Times, Weidong “Bill” Guan, pleaded guilty to conspiracy in a $67 million money laundering scheme, admitting...

China's passenger car exports surged 80% in June, driven by robust EV demand, even as domestic sales experienced a 26% decline. Automakers...

The International Monetary Fund projects a sluggish 3% global economic expansion for 2026, a downgrade driven by the Iran war's energy shock,...

Germany enacts new tax and pension reforms, Google faces a final EU court defeat, and a Swift wedding projects a $20M economic...

Tether, a secretive $500bn crypto firm backed by Nigel Farage's biggest donor, Christopher Harborne, faces questions over its potential influence on UK...

Treasury two-year yields reached their highest point since early 2025, driven by escalating Iran tensions pushing oil prices up and intensifying speculation...

Ripple CEO Brad Garlinghouse revealed the company considered shutting down and distributing XRP to shareholders before fighting the SEC lawsuit, a battle...
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