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Latest in US gold rush drives up borrowing costs for precious metal in London

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  • US homeowners in disaster-prone states face soaring insurance costs

    US homeowners in disaster-prone states face soaring insurance costs

    Climate crisis is making it harder for insurance companies to operate, with many pausing or withdrawing policies. Homeowners in the United States are facing an enormous financial crunch due to the ...
    The Guardian - Jan. 22
  • Qatari, US and Egyptian negotiators set up Cairo hub to shore up Gaza ceasefire

    Qatari, US and Egyptian negotiators set up Cairo hub to shore up Gaza ceasefire

    Communication lines open 24 hours intended to avoid breakdown over reported violations and other issues. Qatari, US and Egyptian negotiators are running a communications hub in Cairo to protect the ...
    The Guardian - Jan. 21

  • What is the gold standard?

    While the gold standard is no longer in use, it still influences how investors view and value gold today.
    CBS News - Jan. 21

  • Keating errors cost City vs. United; Chelsea keeping winning; Madrid slip up

    Catch up on the action from the women's game as Man United shocked City in the derby, Chelsea broke a record and Real Madrid were upset.
    ESPN - Jan. 20
  • Open-source DeepSeek-R1 uses pure reinforcement learning to match OpenAI o1 — at 95% less cost

    Open-source DeepSeek-R1 uses pure reinforcement learning to match OpenAI o1 — at 95% less cost

    The company developed DeepSeek-R1 by using pure reinforcement learning on top of DeepSeek-V3-Base, and matched or beat o1 on some benchmarks.
    VentureBeat - Jan. 20

  • Cattle Gallstones, Worth Twice as Much as Gold, Drive a Global Smuggling Frenzy

    A prized ingredient in China’s multibillion-dollar industry for traditional medicine, gallstones have become the must-have item among underground traders and armed robbers in Brazil.
    The Wall Street Journal - Jan. 19
  • Marvel Snap Gets Caught Up In TikTok Ban, Currently Unavailable In The US

    Marvel Snap Gets Caught Up In TikTok Ban, Currently Unavailable In The US

    Marvel Snap was made unavailable in the US shortly after the TikTok ban went into effect on January 19. This was presumably because the game's publisher, Nuverse, was owned at the time of its ...
    GameSpot - Jan. 19

  • Boomers are good for business: The ‘longevity economy’ is the new gold rush

    Older consumers are a largely ignored — and very lucrative — group.
    MarketWatch - Jan. 18

  • The MAGA fight over skilled immigrants could cost us all

    Do we really want to live in a country without Nvidia, Tesla or Viggo Mortensen?
    MarketWatch - Jan. 18
  • US flag football star Ashlea Klam eyes 2028 Olympic gold – and so much more

    US flag football star Ashlea Klam eyes 2028 Olympic gold – and so much more

    Three years out from the flag football’s debut as an Olympic sport in Los Angeles, few women have seized on the opportunities it’s created like Ashlea Klam
    Yahoo Sports - Jan. 18
  • FTSE 100 hits record as interest rate hopes push down UK borrowing costs

    FTSE 100 hits record as interest rate hopes push down UK borrowing costs

    Nearly every share on the index rises as fall in value of pound helps multinational companies listed in London. Business live – latest updates The UK’s blue-chip stock index hit a record high ...
    The Guardian - Jan. 17
  • ‘It should be up to us’: Greenlanders on Trump, Denmark – and their land

    ‘It should be up to us’: Greenlanders on Trump, Denmark – and their land

    A visit by Donald Trump Jr amid comments by his US president-elect father have put their country and its future firmly in the spotlight. In one corner, friends discuss the aftermath of last week’s ...
    The Guardian - Jan. 17

  • Biggest US banks notch up $142bn in profits in blockbuster 2024

    Robust performance in trading and dealmaking and strong economy fuel big year for lending giants
    Financial Times - Jan. 17
  • A rare gold medal from the 1904 St. Louis Olympics is up for auction

    A rare gold medal from the 1904 St. Louis Olympics is up for auction

    A rare gold medal from the 1904 Olympics in St. Louis is being auctioned off as part of a larger collection of memorabilia from previous Games
    ABC News - Jan. 17
  • Reeves says she won't let critics get her down after UK borrowing costs rise

    Reeves says she won't let critics get her down after UK borrowing costs rise

    The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.
    BBC News - Jan. 17

  • Greenland’s melting ice is clearing the way for a mineral ‘gold rush’

    Greenland, a vast but sparsely populated Arctic island, has been transformed by the climate crisis in recent decades.
    CNBC - Jan. 17
  • BP axes 4,700 jobs in cost-cutting drive

    BP axes 4,700 jobs in cost-cutting drive

    UK energy major under pressure from shareholders to turn around its performance
    Financial Times - Jan. 16

  • Oil major BP to cut thousands of jobs in cost-saving drive

    British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.
    CNBC - Jan. 16
  • Rising borrowing costs batter UK government and threaten to derail its left-leaning program

    Rising borrowing costs batter UK government and threaten to derail its left-leaning program

    Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising ...
    ABC News - Jan. 15
  • GSK to buy US cancer drug firm IDRx for up to $1.15bn

    GSK to buy US cancer drug firm IDRx for up to $1.15bn

    Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...
    The Guardian - Jan. 13

  • Spike in UK borrowing costs raises specter of public spending cuts

    Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.
    CNBC - Jan. 13

  • Fintech IPOs return with precious little credit in the bank

    Hope still wins out over experience as financial disrupters seek to ride the latest wave
    Financial Times - Jan. 11
  • Supreme Court takes up Biden's proposal to expand relief for borrowers defrauded by schools

    Supreme Court takes up Biden's proposal to expand relief for borrowers defrauded by schools

    The Supreme Court decided Friday to take up the Biden administration’s appeal defending its proposal to ease applications for the Borrower Defense student debt relief program.   In a brief order, ...
    The Hill - Jan. 10

  • How much does it cost to insure 1-ounce gold bars in 2025?

    Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.
    CBS News - Jan. 10

  • High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups

    Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.
    CNBC - Jan. 10
  • UK government borrowing costs rise towards 16-year high

    UK government borrowing costs rise towards 16-year high

    Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rules
    Financial Times - Jan. 10
  • The Fed Is in No Rush to Cut Rates

    The Fed Is in No Rush to Cut Rates

    Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
    The New York Times - Jan. 10
  • Pound falls to lowest in over a year after UK borrowing costs rise

    Pound falls to lowest in over a year after UK borrowing costs rise

    Economists have warned the rise could mean further tax hikes or spending cuts by the government.
    BBC News - Jan. 9
  • UK government seeks to soothe bond market nerves after borrowing costs soar

    UK government seeks to soothe bond market nerves after borrowing costs soar

    Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’
    Financial Times - Jan. 9
  • UK borrowing costs rising - what does it mean for me?

    UK borrowing costs rising - what does it mean for me?

    Government borrowing costs have hit their highest level for several years - what does it mean for you?
    BBC News - Jan. 9

  • 3 cheap ways to borrow money without using a credit card now

    With credit card interest rates high, it helps to explore these alternative, cheaper ways to borrow money right now.
    CBS News - Jan. 8
  • UK 10-year borrowing costs hit highest level since 2008

    UK 10-year borrowing costs hit highest level since 2008

    Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules
    Financial Times - Jan. 8
  • These 4 Factors Are Driving Up Worker Productivity

    These 4 Factors Are Driving Up Worker Productivity

    U.S. businesses are benefitting from hybrid work, fewer meetings, better AI use, and more startups, increasing total output and offsetting post-pandemic wage increases.
    Inc. - Jan. 8
  • Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

    Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

    Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...
    The Guardian - Jan. 8

  • London has the highest birth rates among over-40s. But what’s driving the shift?

    Housing costs, career focus and access to IVF has driven people to delay parenthood in the capital
    Financial Times - Jan. 8
  • Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves

    Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves

    The Chancellor may face the prospect of breaking her own Budget rules
    BBC News - Jan. 7
  • UK long-term borrowing costs hit highest level since 1998

    UK long-term borrowing costs hit highest level since 1998

    Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rules
    Financial Times - Jan. 7
  • How the Cowboys cost Cooper Rush $250,000 by starting Trey Lance in Week 18 loss to Commanders

    How the Cowboys cost Cooper Rush $250,000 by starting Trey Lance in Week 18 loss to Commanders

    Lance's gain is Rush's financial loss
    CBS Sports - Jan. 6
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Topics
  • Gold Rush Drives
  • Rush Drives Borrowing
  • Drives Borrowing Costs
  • Borrowing Costs Precious
  • Costs Precious Metal
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