Breaking News: Economy
Gold and silver prices soar to new highs as the yellow metal reemerges as a hedge
Gold and silver prices soared to new highs on Monday. Gold was last seen at a record $4,445.8 per ounce while spot gold was last trading at $4,414.99. Prices are up nearly 70% since the start of the year. The metal has soared this year, smashing consecutive price records as risk assets lost ground. Gold is typically viewed […]
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European markets expected to open in negative territory ahead of short trading week
LONDON — European markets are expected to open in negative territory on Monday as last week’s positive sentiment wears off. The U.K.’s FTSE 100 is expected to open 0.1% lower, Germany’s DAX is seen 0.17% lower, and the French CAC index is seen 0.3% lower, according to data from IG Group. It follows a record-breaking […]
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Fed’s Hammack says there’s no need to change interest rates for months, WSJ reports
Beth Hammack, president and chief executive officer of the Federal Reserve Bank of Cleveland, center, speaks with attendees at the Columbus Metropolitan Club in Columbus, Ohio, US, on Wednesday, April 16, 2025. Brian Kaiser | Bloomberg | Getty Images Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. […]
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Your CEO wants to be a social media influencer. Is it cool or cringy?
Vladimir Godnik | Fstop | Getty Images For years, Braden Wallake has posted everything from business lessons to animal pictures on his LinkedIn page. A fateful midweek post on a late-summer day stopped the marketing executive in his tracks. Wallake shared a teary-eyed selfie with a message about his feelings after laying off staff. Just […]
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Stocks making the biggest moves midday: Lamb Weston, KB Home, Carnival, Oracle, CoreWeave & more
Check out some of the stocks making the biggest moves in midday trading. Lamb Weston – The producer of fries and frozen potato products saw shares tank 25%. Though Lamb Weston posted beats on the top and bottom lines in the second quarter, the company reaffirmed its full-year revenue guidance of $6.35 billion to $6.55 […]
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Waller had a ‘strong interview’ for Fed chair with Trump as president appears to turn focus to job market
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller had a “strong interview” for the central bank chair position […]
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Asia-Pacific markets rise as investors await Bank of Japan decision
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets rose Friday as investors look toward the Bank of Japan decision coming out later in the day. The decision could see rates raised to 0.75% — the highest since 1995 — […]
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American Airlines no longer lets basic economy flyers earn miles
American Airlines Grant Baldwin | Getty Images American Airlines customers flying on basic economy fares will no longer earn frequent flyer miles or points toward elite status, the carrier said this week. “We routinely evaluate our fare products to remain competitive in the marketplace. Customers who purchase a Basic Economy ticket on December 17, 2025 and […]
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Stocks making the biggest moves midday: Rocket Lab, Trump Media, Lululemon, Micron Technology & more
Check out the some of the stocks making the biggest moves in midday trading. Rocket Lab — The aerospace company saw shares jump nearly 8% following the launch of its STP-S30 mission for U.S. Space Force’s Space Systems Command. Rocket Lab said the launch was completed five months ahead of schedule. Peer companies rose in […]
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Bank of England cuts interest rates, in welcome Christmas boost for consumers
The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 15, 2025. Bloomberg | Bloomberg | Getty Images The Bank of England voted narrowly to cut interest rates on Thursday, in its last monetary policy move of 2025. The central bank’s nine-member monetary policy committee (MPC) on Thursday voted 5-4 to […]
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