Tag: US economy
Gold prices down $100 from record-high on uptick in US Treasury yields; Q1GDP lowers Fed rate cut hopes
Gold prices today: The yellow metal trimmed gains on Thursday, April 25, as US Treasury yields rose after gross domestic product (GDP) data showed signs [Read more about this post…]
Oil settles at 2-month high on US macro data; Brent, WTI score biggest weekly gain since Israel-Hamas war
Brent crude futures rose $1.12, or 1.4 per cent, to settle at $83.55 a barrel, their highest close since November 30. US West Texas Intermediate [Read more about this post…]
Bet Against the US Superconsumer and Lose
(Bloomberg Opinion) — Economic growth is barely positive in the Eurozone, and the Chinese stock market has been in freefall. But for all its doubters, [Read more about this post…]
Apple’s stock nightmare, erases $370 billion in market value in past 4 days
The largest technology stocks that lifted the broader market last year are having a less-rosy start to 2024. The so-called Magnificent Seven, which includes Apple [Read more about this post…]
