In the preceding parts of this series, we discussed how gold prices have remained weaker despite escalating trade war fears and geopolitical tensions. Many of these risks stem from the ongoing trade spats, which would create inflationary (TIP) pressures in the economy apart from uncertainty. Gold (GLD) is often seen as an inflation hedge.
Greece on Friday handed over the Olympic flame to Tony Estanguet, president of the Paris 2024 Games, at a ceremony at the Panathenaic stadium in Athens, where the first modern games were held in 1896. On Saturday, the flame will board a French three-masted sailing ship to be transported to France.
A Citi analyst contends Hermès is set to surpass its biggest competitor in the next few years and become the largest luxury fashion brand.
Mortgage rates are lingering above the 7% mark for the second consecutive week, sparking reluctance amid prospective homebuyers to venture into the housing market. Against a backdrop of elevated borrowing costs, Yahoo Finance's Dani Romero joins Wealth! to dissect the financial implications of renting versus buying under the prevailing high-rate environment. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
(Bloomberg) -- Chipotle Mexican Grill Inc. told its employees last week not to include chicken in their own meals, as surging customer demand crimped supply — but the chain now says its workers can go back to ordering freely.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingMalaysia in Talks With Tycoons on Casino to Revive $100 Billion
(Bloomberg) -- A selloff in US Treasuries paused on Friday, bringing yields down from their highest levels of the year, after a report on inflation allayed concern about a spate of hotter-than-expected price data.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Ste
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022. (AP Video: Thomas Peipert)
“Divest from death” read the bubble letters written in chalk on the sidewalk on Tuesday outside of The New School in New York City. The slogan articulates one of the demands of the antiwar protests on campuses which call on colleges or universities to divest their endowments from companies profiting from the Israel-Hamas war. Campaigns to pressure universities to divest for political or ethical reasons go back decades, at least to the 1970s when students pressured schools to withdraw from invest
WASHINGTON (AP) — The IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file pilot program and participants saved roughly $5.6 million in fees they would have otherwise spent with commercial tax preparation companies. The government pilot program, rolled out this tax season in 12 states, allows people with very simple W-2s to calculate and submit their returns directly to the IRS for free. Those using the program claimed more than $90 million in refunds, t
U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago. In the U.S., Exxon Mobil missed Wall Street earnings targets on larger-than-forecast drop in natural gas earnings and Chevron beat tempered expectations with better-than-expected U.S. oil production. French oil major TotalEnergies also slightly beat analysts forecasts as good refining margins partially offset a steep drop in profits from natural gas.
(Bloomberg) -- Intel Corp., the biggest maker of personal computer processors, tumbled the most in almost four years on Friday after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Pho
The moment the trailer for Challengers was out, with Zendaya, Josh O'Connor and Mike Faist, it was one the most highly anticipated films of the year.
Toronto police have identified a man who plunged to his death from an eighth-floor balcony downtown late Wednesday in the city's latest homicide.Ryan Williams, 38, of Toronto, fell from a balcony just before midnight at a highrise in the area of Church and Shuter streets, police said in a news release on Thursday.Paramedics say they transported a man to a trauma centre. He was pronounced dead in hospital, according to police.Williams is the city's 24th homicide victim of the year.Police have sai
Michael M. Santiago/GettyDonald Trump used his break between court sessions to wish wife Melania a very happy birthday with a message focused mostly on himself. “I want to start by wishing my wife Melania a very happy birthday. It would be nice to be with her—but I’m in a courthouse for a rigged trial,” grumbled the former president, who is facing 34 felony counts for allegedly falsifying business records to cover up an affair that could’ve hurt him in the 2016 presidential election. PRESIDENT T
A Secret Service agent assigned to Vice President Kamala Harris’ detail was removed from their assignment after displaying behavior that colleagues found “distressing,” the agency said.
Cooper wore a sexy lacy bodysuit from SKIMS' Wedding Shop collection after marrying Matt Kaplan in Mexico
Sabrina Carpenter went braless wearing the Mirror Palais Anemone Dress in butter featuring illusion tulle adorned with lace appliqués along the neckline and hem
The House Democrat named the "most astonishing" thing he heard from one justice after the court heard arguments on Donald Trump's immunity claim.
Jill Cornick, 82, is out of work for the first time in her life after being told the Clarks shop she worked in since 1956 in Dorset was closing.
When the U.S. Supreme Court ultimately rules on Donald Trump's claim of presidential immunity from prosecution, a third of those deciding the matter will be justices he appointed to their lifetime posts. Those three - Amy Coney Barrett, Brett Kavanaugh and Neil Gorsuch - posed questions from various angles as the nation's top judicial body heard arguments on Thursday in a case that provides a vital test of the power of the presidency. A key question, Gorsuch said, is "how to segregate private from official conduct that may or may not enjoy some immunity."
As Greene threatens to oust House Speaker Johnson over his support for Ukraine aid, a rift has ruptured in the MAGA Media landscape.
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