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Gold Lower as Investors Digest Powell Comments
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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 -
Gold Futures Rise as Markets Digest U.S. Economic Data
Gold edged higher, holding ground after U.S. data releases lowered Treasury yields and the dollar, and increased expectations for earlier Fed rate cuts, Commonwealth Bank of Australia said.The Wall Street Journal - World -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Trump uses CNN commentator to argue he should be found not guilty
Former President Trump on Thursday pointed to recent remarks from a CNN legal analyst to bolster his argument that he should not be found guilty in his hush money trial in New York. Trump, speaking with reporters following a day in court, listed ...The Hill - Politics - Donald Trump -
Long-end bond yields edge higher ahead of comments by Fed’s Waller
Bond yields edged higher at the long end on Friday as investors awaited comments from Federal Reserve policymakers.MarketWatch - Business -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
EasyJet’s new pilot faces a fight to convince investors on growth
Nerves about the airline industry are never far awayFinancial Times - Business -
Bruins' Brad Marchand could return to lineup for Game 6, comments on controversial hit from Sam Bennett
Marchand has missed the last two games after being hit by Panthers forward Sam Bennett in Game 3CBS Sports - Sports
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Retailers' Shelves Are Attractive Again. At Least for Skechers.
Footwear and apparel brand Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in that category.The Wall Street Journal - World -
Private Equity Warms Up to Clean-Energy Tax Credits
Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.The Wall Street Journal - World -
Powerful Storm Slams Houston Killing at Least Four People
Severe thunderstorms hit southeastern Texas, leaving at least four people dead and hundreds of thousands of customers without power.The Wall Street Journal - World -
The Medicare Bubble Has Burst
The government health insurance program had been a gold mine for private insurers until recently.The Wall Street Journal - World -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World