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Oil prices rise and US futures fall as Israel urges residents of Iran's capital to evacuate
Oil prices resumed their upward climb and U.S. futures were lower early Tuesday after Israel’s military issued an evacuation warning to 330,000 people in Iran’s capital Tehran. Asian shares were
Gold Is on an Incredible Run. What Could Stop It Dead.
The Gold Rush of 2025 is still drawing investors in. Gold prices are up almost 30% this year, near a record high and trouncing stocks, bonds, most other commodities, and even Bitcoin. The yellow
What the Iran/Israel conflict means for U.S. energy prices going forward
The U.S. oil benchmark hovered around $71 per barrel on June 16—about where it started the year—but up roughly 9% from a week prior. The current price tag is considered a relatively healthy
Bankrupt iconic retail chain closes 125 more stores
Related: Bankrupt retail chain closing over 200 more stores. Both Walgreens and CVS embarked on store-closing programs over the last four years to eliminate locations that do not
May Retail Sales Are Set to Drop After Tariffs Sparked Rush to Buy
The Census Bureau is expected to release the latest advance monthly sales data for retail and food services on Tuesday morning.
Central banks favour gold over dollar for reserves, WGC survey
LONDON (Reuters) -Central banks around the world expect their gold holdings as a proportion of their reserves to increase over the next five years while expecting their dollar reserves to be lower, a
Stocks close higher, despite intensifying Israel-Iran conflict
Oil prices fell and stocks closed higher on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing Israel-Iran conflict. The Dow Jones Industrial Average
‘One person’s pessimism is another person’s opportunity’: Inside Blackstone’s $500 billion bet on Europe
As Steve Schwarzman braces to dethrone Warren Buffett as the longest-running Fortune 500 CEO, he and other Blackstone execs talk about the asset manager’s plans for Europe.
Hedge funds' bets on Asia hit five-year high, says Goldman
Global hedge funds posted their biggest jump in trading volumes across Asian markets in over five years last week, a Goldman Sachs note showed. Funds were buying and short-selling, with bullish
Rob Arnott’s Firm Says the Time Is Finally Right for ‘Smart Beta’
In a new paper titled “How Can ‘Smart Beta’ Go Horribly Right?” they found the funds are now inexpensive by historical measures and if they revert to the mean, “factor-b
Boeing Stock Is Rising. Here’s the Latest on the Air India 787 Crash.
Investors and the wider public are looking for answers after Thursday’s crash of an Air India 787 jet. Both of the plane’s black boxes have been recovered.
Trump’s zeal for factory work risks damage to growing segments of economy
New trade barriers threaten the larger and faster-growing part of the economy: the services industries that employ more than 80 percent of American workers.
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