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Gold Lower as Investors Digest Powell Comments
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Why flags will be lowered on Wednesday
On May 15 ,the American flag will be flown from sunup to sundown at half-staff to honor Peace Officers Memorial Day.The Hill - Politics -
Prince William says Kate's 'doing well,' in rare comments since she announced her cancer diagnosis
Prince William has offered a positive assessment of his wife’s health in one of his few statements about Kate’s condition since she announced that she was undergoing treatment for cancerABC News - Health -
Speaker Johnson makes public comments before Trump hush money hearing: Watch live
House Speaker Mike Johnson (R-La.) will address the media before attending Tuesday’s hearing in the trial of former President Trump on charges of illegal use of 2016 campaign funds. The Speaker easily held his position last week in what was ...The Hill - Politics - Donald Trump -
Howard Stern accepts Jerry Seinfeld’s apology for ‘weird’ comments. Here’s what happened
It turns out the “feud” between Howard Stern and Jerry Seinfeld was a feud about nothing.NBC News - Top stories -
Federal prosecutors reissue criminal charges against ex-Rep. Jeff Fortenberry
The Nebraska Republican was convicted of lying to the FBI two years ago, but an appeals court ruled the charges should’ve been brought in a different venue.Politico - Politics -
SPDR Gold Rises on Fresh Inflation Data
Gold settled 0.7% higher after U.S. inflation data came in hotter than expected.The Wall Street Journal - World -
IEA lowers 2024 oil-demand forecast
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world’s largest economies, particularly in Europe.MarketWatch - Business -
Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
Federal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign Bankers' Association in Amsterdam.CNBC - Business - Federal Reserve -
Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates
The Fed chief said he expected inflation to continue heading lower but that he was less confident than he had previously been about that outlook.The Wall Street Journal - World - Federal Reserve -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve
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Gold Futures Rise as Dollar Slips; Inflation Data Could Prompt Volatility
Gold futures rose, supported by lower Treasury yields and a softer U.S. dollar, ahead of U.S. inflation data.The Wall Street Journal - World -
The Lopsided Reality of the China-Russia Relationship
Beset by Western sanctions, Moscow has increasingly turned to Beijing for economic and security support.The Wall Street Journal - World