Gold Falls As Optimism Rises on Us Debt Ceiling Deal
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Comex Gold Settles Lower, Silver Rises
Gold settled 0.1% lower, down for two consecutive sessions, while silver rose 0.2%, up four of the past six sessions.The Wall Street Journal - World -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
EU reaches deal on using profits from Russia’s frozen assets for Ukraine
10% of the windfall profits will fund non-lethal aid to assuage EU member states that do not wish to fund arms. The EU has reached a deal to seize profits from Russia’s frozen assets to fund weapons and aid for Ukraine within months.. EU senior ...The Guardian - World - Ukraine -
Europe Day marks 1 month till EU elections. Rise of hard right, wilting of Green Deal are possible
The European Union marks its annual Europe Day on ThursdayABC News - World - European Union -
Ten-year Treasury yields back up to 4.5% as rate-cut optimism dims
Bond yields moved higher early Thursday as recent hopes over a summer rate cut were pared somewhat.MarketWatch - Business -
Impact of U.S. debt on Generation Z
In a recent op-ed, a former White House economist and a former Labor Department employee warn of the burden U.S. debt will have on Gen Z and blame mistakes by the Treasury Department when interest rates were low. CBS News business analyst Jill ...CBS News - Top stories -
The Anti-Met Gala Raises Funds for Medical Debt
The red carpet featured noncelebrity guests in homemade costumes. “This is a better function, with a better message,” one guest said.The New York Times - Lifestyle -
Congressional progressives want to eliminate medical debt
Presented by AstraZeneca — Around 14 million Americans owe more than $1,000 in medical debt. {beacon} Health Care Health Care The Big Story Congressional progressives want to eliminate medical debt Sen. Bernie Sanders (I-Vt.) is leading an ...The Hill - Politics -
Snap takes advantage of recent stock surge to sell convertible debt
Snap’s stock pulled back Wednesday after the parent of the video-messaging app Snapchat planned to take advantage of the recent runup in its stock price to sell convertible debt.MarketWatch - Business -
Bernie Sanders and Ro Khanna reveal bill to ‘cancel all medical debt’
Exclusive: legislation creates a program to cancel all existing patient debt and block creditors from collecting past medical bills. Two prominent progressive lawmakers, the Vermont senator Bernie Sanders and California congressman Ro Khanna, ...The Guardian - World -
Emerging market junk bonds are top performers in sovereign debt markets
Resilience of global economy, higher commodity prices and support from IMF help drive returns for lower-rated bondsFinancial Times - Business