Gold Higher after Wall Streets Weakness
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Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
Wall Street's Shadow Market | 60 Minutes Archive
Steve Kroft reported on the financial instruments that fueled the 2008 economic crisis.CBS News - Top stories -
JPMorgan is the last bear on Wall Street. Why it’s not budging on a bearish stock view.
Marko Kolanovic is not about to turn bullish on stocks, even after a bunch of his colleagues have started upping their S&P 500 targets.MarketWatch - Business -
At Robin Hood Gala, Wall Street’s Heavy Hitters Come Out
The Robin Hood Foundation, an antipoverty organization in New York City, threw a “Matrix”-inspired gala.The New York Times - Lifestyle -
Top Wall Street analysts like these 3 dividend stocks for high yields
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Realty Income and Ares Capital.CNBC - Business -
Why Wall Street's Record Rally Stands on Shaky Ground
The Dow's 40K milestone looks great, but what are markets really cheering for?Inc. - Business -
Ivan Boesky, inspiration for 'Wall Street' villain Gordon Gekko, dead at 87
Ivan Boesky, a onetime Wall Street titan-turned-convict who served as the partial inspiration for the 1987 Oliver Stone film "Wall Street," has died at the age of 87.NBC News - Top stories -
A massive earnings surge could lift the Dow to 60,000 and the S&P 500 to 8,000, says top Wall Street strategist
Yardeni Research’s chief investment strategist, Ed Yardeni, told clients in a note that the stock indexes could soar even higher thanks toMarketWatch - Business -
Nvidia earnings are on deck, and Wall Street wonders just how big the beat could be
Nvidia’s revenue totals are getting staggeringly bigger. But the scope of its “beats” might be getting smaller.MarketWatch - Business -
Ivan F. Boesky, Rogue Trader in 1980s Wall Street Scandal, Dies at 87
An inspiration for the Gordon Gekko character in the movie “Wall Street,” he made a fortune from insider trading before his downfall brought a crashing end to a decade of greed.The New York Times - Business -
How Ivan Boesky became one of the most infamous figures on Wall Street and the inspiration for Gordon Gekko
Ivan Boesky’s 1986 guilty plea to insider trading, accompanied by a then-record $100 million fine, brought to a close a period of roaring 1980s exorbitance on Wall Street and beyond that became the calling card of the so-called Me Generation.MarketWatch - Business -
Palo Alto Networks continues to play the long game, much to Wall Street’s chagrin
Palo Alto Networks still is dealing with investor chagrin about the big shift in strategy it announced last quarter, in an effort to eventually boost revenue growth.MarketWatch - Business -
Ivan Boesky, Wall Street financier who coined ‘greed is good’, dies aged 87
Known as ‘Ivan The Terrible’, the risk arbitrage maven fell from glory in one of the biggest insider trading scandals of the 1980s. Ivan Boesky, the financier who gave birth to the “greed is good” mantra before going to prison in one of the ...The Guardian - World -
Thousands on streets for Iranian president's funeral after crash
But despite the huge crowds, not all Iranians supported the president - and many celebrated his death on social media.BBC News - Top stories - Iran -
One of Wall Street’s last remaining bears, Morgan Stanley, has finally capitulated. Here’s its new S&P 500 target.
Morgan Stanley’s Mike Wilson sees S&P 500 at 5,400 by second quarter of next yearMarketWatch - Business -
Wall Street strategists rush to revise their S&P 500 targets as stocks hit fresh records. Here’s what they see happening.
The stock market’s renewed record-setting rally has blindsided Wall Street’s top strategists, prompting many to swiftly revise their year-end S&P 500 targets in an effort to keep pace with a surge that has far exceeded expectations from earlier ...MarketWatch - Business -
Gold Prices Ease After Hitting Record High; Silver Jumps
Gold eased back but silver jumped, riding the coattails of bullion’s fresh record in the previous session.The Wall Street Journal - World -
Jung Hoo Lee injury: Giants outfielder to undergo season-ending shoulder surgery after crashing into wall
Lee hit .262 in 37 games before the injuryCBS Sports - Sports -
Paint your walls sunny
The hottest interiors trend this season? Sunset shades of red, yellow and orangeFinancial Times - World -
Red Lobster, the largest seafood restaurant chain in the U.S., filed for bankruptcy after failing to recover from dwindling traffic it experienced during the pandemic as menu prices crept higher.
Red Lobster, the largest seafood restaurant chain in the U.S., filed for bankruptcy after failing to recover from dwindling traffic it experienced during the pandemic as menu prices crept higher.The Wall Street Journal - World -
This gold rally is made in China
The average daily trading volume on the Shanghai Gold Exchange almost doubled in AprilFinancial Times - Business - China -
Activists sue Russia over ‘weak’ climate policy
Russian constitutional court is considering claim, which activists hope will raise awareness about emissions. A group of activists are fighting for the right to scrutinise Russia’s climate policies, and in particular its enormous methane ...The Guardian - World - Climate -
Investors Are Striking Gold All Over
Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring.The Wall Street Journal - World -
The mystery of the man embroiled in a gold scam
Questions remain around the disappearance of a man mixed up in one of the biggest gold scams in history.BBC News - Top stories -
Bus bursts into flames on busy street
Video footage shows firefighters battling huge flames and thick smoke in the middle of a busy street.BBC News - Top stories -
Republican candidate's 'weak and gay' campaign ad sparks comedic pushback
Valentina Gomez, a candidate for Missouri secretary of state, shared a video on social media advising her supporters to stay hard, not "weak and gay."NBC News - Top stories -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
Biden and Trump are both betting on debates to help magnify the other’s weaknesses
Trump will look to again cast Biden as greatly diminished while Biden will aim to remind voters why they rejected Trump in 2020. US politics live – latest updatesSign up for The Stakes, our US elections newsletterIt’s game on for a pair of ...The Guardian - World - Joe Biden -
Japan's Beef With a Weak Yen: The Best Wagyu Is Just for the Tourists
The nation’s pride takes a hit as dollar-wielding visitors enjoy pleasures few locals can afford.The Wall Street Journal - World -
Biden confronts 2024 weak spots with young, Black voters at Morehouse commencement
President Joe Biden's Black voter support has fallen since the 2020 election, while former President Donald Trump's has increased, according to recent polls.CNBC - Business - Joe Biden -
The all-American cheat sheet to Europe’s trade weak spots
Hit ’em in the prawnsFinancial Times - World -
Li Auto Shares Shed 19% on Weak Earnings, Tough Outlook
Shares fell sharply in Hong Kong after the Chinese hybrid-vehicle specialist unveiled weaker-than-expected earnings and guidance following a lackluster launch of its first fully-electric model.The Wall Street Journal - World -
Lowe's Earnings Top Forecasts; Big-Ticket Spending Stays Weak
Do-it-yourself customers, who make up about 75% of Lowe’s customer base, cut back on higher-priced discretionary purchases.The Wall Street Journal - World -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Higher education is failing — and our democracy is suffering
Educators must grapple anew with the question of how to teach democracy, so that students master both the theory and the hands-on practice of it.The Hill - Politics -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
The crisis of confidence in higher education will not end with the student protests
Even as student protesters take down their encampments and go home for the summer, colleges and universities are left with much work to do if they are to regain the public’s trust in higher education.The Hill - Politics -
Higher Ed Has a Progressive Disease. Can It Be Reversed?
The prognosis seems grim, but I found signs of life as a proud father at Notre Dame’s commencement.The Wall Street Journal - World -
Oil Falls on Concerns of Higher-for-Longer U.S. Rates
Oil prices declined as some Fed officials remain cautious on the recent easing of inflation, prompting concerns that U.S. interest rates could stay high for longer.The Wall Street Journal - World -
Lithuania to Raise Taxes to Cover Higher Defense Expenditures
Yahoo News - World