Gold Prices Could Notch An All Time High Soon and Stay There
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Gold's price is high. Is it still safe to invest in?
Gold has long been thought of as a safe investment. But is it still safe after recent price growth? Find out here.CBS News - Top stories -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
The costs of buying a home has hit an all-time high: report
It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate company Redfin. The median home price hit a record $383,725 during the four week period ending April 21. That’s up 5.2 percent from a year ...The Hill - Politics -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
Riding in an Uber in NYC Could Soon Come With a Side Order of Ads
Ads, ads, everywhere--even in your rideshare.Inc. - Business -
TikTok could soon be sold. Here's how much it's worth.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.CBS News - Top stories - Tiktok -
Yen Hits New Multidecade Low
The yen hit a fresh multidecade low against the dollar, after Bank of Japan Gov. Kazuo Ueda disappointed traders seeking hints on further rate increases.The Wall Street Journal - World -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.
Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug.CNBC - Business -
Why middle-tier retailers are suffering as high and low-price stores thrive
The once-popular clothing store Express filed for bankruptcy along with the arts and crafts retailer JOANN. They're just the latest middle-tier retailers to suffer as demand for high-end and budget stores grows. Jordyn Holman, business and retail ...CBS News - Top stories -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
Millions more Americans could become eligible for overtime pay.NBC News - Top stories -
Century-old time capsule found at Minnesota high school
The superintendent said the discovery of the time capsule marks a "historic event for our community."CBS News - Top stories -
Fed's preferred inflation gauge shows price pressures stayed elevated last month
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bidABC News - Top stories -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Top stories - Federal Reserve -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Business - Federal Reserve -
Rise in all-cash transactions turbo charge price gains for luxury homes
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.CBS News - Top stories -
Biden just signed a bill that could ban TikTok. His campaign plans to stay on the app anyway
President Joe Biden’s signing of legislation that could ban TikTok in the U.S. runs counter to his campaign’s embrace of the platform and outreach to influencersABC News - Tech - Joe Biden -
Biden campaign to stay on TikTok after president signs bill that could ban app
The Biden campaign plans to continue using TikTok to reach voters and spread its message even after the president signed legislation that could lead to a ban on the popular app several months down the road. A Biden campaign official told The Hill ...The Hill - Politics - Joe Biden -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
Superintendent speaks out after time capsule from 1920 found in old high school
The capsule contained documents of the community from 1920.ABC News - Top stories -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
2024 NFL Draft: Braelon Allen names his top-four RBs of all-time, shares recent advice from Le'Veon Bell
Bell's advice has already paid off for AllenCBS Sports - Sports - NFL -
Comex Gold, Silver Settle Lower
Gold settled 0.1% lower, down for three consecutive sessions, and silver edged down, falling two of the past three sessions.The Wall Street Journal - World -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.The Wall Street Journal - World -
Is it too late to invest in the gold rush?
Demand from China drove prices to a record high this month — now many suspect the normal rules no longer applyFinancial Times - Business -
Is it too late to invest in the gold rush?
Demand from China drove prices to a record high this month — now many suspect the normal rules no longer applyFinancial Times - World -
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.The Wall Street Journal - World -
Mining the MLB cellar for fantasy baseball gold
Tristan H. Cockcroft searches for fantasy value from MLB cellar dwellers.ESPN - Sports - MLB -
3 gold investing mistakes to avoid right now
Looking to make a successful investment in gold? Then be sure to avoid making these simple mistakes.CBS News - Top stories -
Comex Gold Settles Higher, Silver Falls
Gold settled up 0.2% Friday, while silver fell 0.4%. For the week, both metals posted a loss.The Wall Street Journal - World -
China's Gold Consumption Rises on Safe-Haven Demand
Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.The Wall Street Journal - World - China -
6 reasons for seniors to add gold to their portfolios now
Gold can be a smart bet for seniors — and that's not just due to the recent gold price uptick, either.CBS News - Top stories -
Wrexham’s Paul Mullin: ‘As soon as we leave the pitch, Ryan’s first to text’
Star striker talks achieving another promotion, potentially making scoring history and finding acceptance in his son’s autism. ‘The desire to win will be the same as every other game,” Paul Mullin says as he anticipates a Hollywood-style finale ...The Guardian - World