Gold Edges Lower Fed Rate Decision in Focus
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Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.MarketWatch - Dec. 12 -
How Trump is hammering Congress ‘on every issue’ — with a clear focus
The president-elect has stayed out of year-end fights in the waning days of the Biden administration, but is fighting for his nominees and the ambitious party-line policy push next year.Politico - Dec. 12 -
Gold Prices to Rise More Modestly in 2025
The World Gold Council said that if the economy performs according to market-consensus expectations, gold prices should rise at a more measured pace than this year.The Wall Street Journal - Dec. 12 -
Here’s what’s expected to drive gold’s performance in 2025
Policy changes will be just one of the key factors for gold next year, says the World Gold Council.MarketWatch - Dec. 12 -
The Gold Rush at the Heart of a Civil War
Famine and ethnic cleansing stalk Sudan. Yet the gold trade is booming, enriching generals and propelling the fight.The New York Times - Dec. 12 -
Bidens host women's health conference to focus on health care gender gap
President Biden and first lady Jill Biden highlighted the progress made in the first year of their White House initiative.CBS News - Dec. 11 -
Lawmakers edge closer to deal on government funding
Lawmakers say they are edging closer to a deal to keep the government's lights on in nine days but are still trying to work out differences over disaster aid and potential add-ons to the bill. ...The Hill - Dec. 11 -
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.MarketWatch - Dec. 11 -
CPI shows uptick in inflation before final 2024 rate decision from Federal Reserve
New data from the Labor Department shows the consumer price index, a key inflation gauge, rose 0.3% in November. That will likely impact the Federal Reserve's final interest rate decision of 2024. ...CBS News - Dec. 11 -
GM shuts down robotaxi project to focus on autonomous vehicles
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully autonomous personal vehicles. Cruise, GM’s self-driving car ...The Hill - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
Traders are pretty confident the Fed will deliver a rate cut next week. What happens if inflation data throws the market a curveball.MarketWatch - Dec. 11 -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - Dec. 10 -
Unusual Rolexes Are the Focus of a New Dubai Boutique
Ahmed Seddiqi & Sons spent months searching for discontinued models to offer through the watch brand’s certified pre-owned program.The New York Times - Dec. 10 -
Mining the Pacific – future proofing or fool's gold?
People living in the Pacific nation are divided on whether to push ahead with deep-sea mining for polymetallic nodules.BBC News - Dec. 9 -
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - Dec. 9 -
Olympic discus gold - check. Next stop - the NFL?
After winning Jamaica's first throwing Olympic gold medal, Roje Stona has set his sights on a new career - chasing down quarterbacks in the NFL.BBC News - Dec. 9 -
New rules sharpen investment focus on modern slavery
EU human rights directive adds to US laws on forced labour — but uncertainty surrounds Trump administration’s stanceFinancial Times - Dec. 9 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
Gold, prices, and jobs: What's at stake in Ghana's elections?
Yahoo News - Dec. 8 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
'That is extraordinary' - Marsh fails to review phantom edge
Australia's Mitchell Marsh is dismissed in "extraordinary" fashion during the second Test vs India - failing to review a non-existent edge off Ravichandran Ashwin.BBC News - Dec. 7 -
Gloucester edge Edinburgh in stormy conditions
Gloucester get their European Challenge Cup campaign off to a winning start with a dogged 15-7 victory against Edinburgh.BBC News - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
With a focus on food, RFK Jr. can actually make America healthier
Kennedy has decried the prevalence of chronic disease and the “mass poisoning” of Americans by their food.The Hill - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Women selling sex for gold in the Amazon's illegal mines
Life for women among the Amazon’s illegal gold miners is harsh, violent, and can be deadly.BBC News - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Democrats, forget ‘resistance’ and focus on ‘betrayal’
There are a few things Democrats can do right now to drive down support for the GOP agenda and position ourselves to start winning again.The Hill - Dec. 4 -
Ukraine ceasefire terms come into focus as Trump returns
Potential paths to a ceasefire in Ukraine are coming into focus as President-elect Trump approaches Inauguration Day, with Ukrainian President Volodymyr Zelensky signaling his concessions to end ...The Hill - Dec. 4 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
‘Solid Gold’ Brings All That Glitters to the Brooklyn Museum
The new “Solid Gold” exhibition is a celebration of bling through the ages and around the world. But is eye candy enough?The New York Times - Dec. 3 -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...MarketWatch - Dec. 2