Gold prices were flat on Thursday, as investors awaited a key U.S. inflation reading that could provide further insights into the Federal Reserve’s policy path. FUNDAMENTALS * Spot gold was unchanged at $2,338.04 per ounce, as of 0125 GMT, after falling 1% in the previous session. * U.S. gold futures were down 0.2% at $2,358.30. … Read more
The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S. President Joe Biden an opening to prove his Republican election rival’s 2020 predictions wrong. The state of the U.S. economy looms as one of the larger factors weighing on the Democratic president’s bid for reelection. Persistently high prices have … Read more
The Biden administration’s new tariffs on Chinese electric vehicles and other strategic sectors aim to protect the future of U.S. manufacturing, but they will likely accelerate a shift of Chinese production to Mexico, Vietnam and elsewhere to avoid them. U.S. officials and trade experts say that without strong efforts to cut off transshipped or lightly … Read more
On a recent Tuesday morning, a visibly frustrated Donald Trump sat through a tense hearing in the first-ever criminal trial of a former American president. During a break, he let rip on his social media platform. New York Justice Juan Merchan, Trump declared on Truth Social, is a “highly conflicted” overseer of a “kangaroo court.” … Read more
Reuters won the award for breaking news photography for its coverage of October 7 attack and war on Gaza. New York: The war in Gaza featured prominently in Monday’s Pulitzer Prizes, which included a special citation for journalists covering the Israel-Hamas conflict. The New York Times won a Pulitzer in international reporting for its “wide-ranging … Read more
