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Gold’s hitting new records again. Here’s what it means for the economy
The 2024 monster gold rally is picking up steam. The most actively traded gold futures contract has hit repeated highs this year, most recently notching a fresh record of $2,687.30 on Tuesday before retreating. That comes after the Federal Reserve slashed US interest rates by a supersized half point last week.
How Kamala Harris is winning over Wall Street
Vice President Kamala Harris’ presidential campaign is courting everyday Americans tired of the country’s affordability crisis. But she is winning over some key figures on Wall Street.
Nasdaq has worst day since 2022 as tech stocks get slammed
Tech shares slumped Wednesday as investors shed the behemoths that fueled Wall Street’s monster stock rally this year.
Dow falls more than 460 points; continues second quarter’s weak start
Stocks fell Tuesday morning as investors continued to worry that the Federal Reserve could cut interest rates later than expected.
Texas man eavesdropping on wife’s phone calls faces criminal charges/divorce — plots for $1.76 million insider trading
A Texas man is facing insider trading charges and jail time after he used information gleaned from eavesdropping on his wife’s work-from-home calls, netting him $1.76 million from an upcoming oil industry acquisition.
Nvidia’s market value catapults to $2 trillion
Nvidia joined an exclusive club on Friday morning when its market value topped $2 trillion, just days after the chipmaker reported gangbusters earnings that once again swept Wall Street into an artificial intelligence-induced fervor.
Dow tumbles more than 500 points; hot inflation data stokes fears about higher-for-longer rates
Stocks took a dive Tuesday after a key inflation report revealed stubborn price increases, raising concerns on Wall Street that the Federal Reserve will keep rates higher for longer than anticipated.
S&P 500 closes above key 5,000 level for first time
The S&P 500 closed above the 5,000 level on Friday for the first time as bullish sentiment spreads across Wall Street and investors cheered fresh data showing progress on inflation.