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Gold demand hits new records, driven by central bank purchases and investor safe-haven demand amid escalating tariffs. Futures hit record highs, surpassing $2,900 per ounce.
Published on: February 06, 2025, 12:02 AM UTC
Americans are worried about inflation, eroding living standards, and lost opportunities. Here's what Trump could do to address these concerns directly.
Published on: February 06, 2025, 12:01 AM UTC
Oil steadies near yearly low as Trump's geopolitics, tariff threats weigh on outlook.
Published on: February 06, 2025, 12:00 AM UTC
Amazon's Q4 earnings report will be closely watched as a barometer of consumer spending after a record-breaking holiday season. Analysts predict strong sales but warn that tariffs and market downturns could curb momentum.
Published on: February 06, 2025, 12:00 AM UTC
EnerSys reports Q3 profit of $114.8 million, exceeding analysts' expectations but revenue falls short. Full-year earnings projected to range $9.97-$10.07 per share, with revenue $3.6-$3.64 billion.
Published on: February 05, 2025, 11:09 PM UTC
Rayonier Inc. reports fourth-quarter earnings of $327.1 million, or $2.15 per share, on revenue of $726.3 million. For the year, the company reported profit of $359.1 million, or $2.39 per share, on revenue of $1.26 billion.
Published on: February 05, 2025, 11:06 PM UTC
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Published on: February 05, 2025, 11:06 PM UTC
Asian stocks are set to rise amid Wall Street gains; US yields and dollar fall after mixed data and disappointing tech earnings. Key events this week include Eurozone retail sales, UK rate decision, US initial jobless claims, and US nonfarm payrolls.
Published on: February 05, 2025, 11:04 PM UTC
Morgan Stanley and other banks sell $5.5 billion in debt tied to Elon Musk's X platform, marking a milestone in efforts to reduce their exposure to the company. Despite initial plans to sell $3 billion, strong investor demand allowed the banks to sell the entire remaining slug of the highest-ranking borrowings used to fund Musk's buyout of Twitter. The loan was priced at 97 cents on the dollar, with a margin of 6.5 percentage points over the Secured Overnight Financing Rate.
Published on: February 05, 2025, 11:04 PM UTC