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Gold prices hover near record after US Federal Reserve minutes

The price of gold reached a record high of $2,531.60 on Tuesday Dollar falls to more than seven-month low Yield on 10-year US Treasury bonds falls to more than 2-week low Palladium reaches more than one-month high Aug 21 (Reuters)…

Dollar nears 7-month low ahead of Powell meeting, Swedish krona falls after rate cut

Aug 20 (Reuters) – The dollar fluctuated near a seven-month low on Tuesday on speculation that the U.S. Federal Reserve will begin cutting interest rates starting next month, with traders preparing for comments from Federal Reserve Chairman Jerome Powell on…

Trump promises to repeal environmental protection law and prevent steel mergers

Trump wants to limit foreign access to domestic markets and ensure a 100% American supply chain US Steel shares fell 6% after Trump commented on blocking the merger with Nippon Steel Trump plans to abolish EPA rules limiting pollution from…

Global stock prices rise on Fed interest rate cut bets

Article 1 of 2 LSEG signage is seen on screens in the lobby of the London Stock Exchange in London, Britain, May 14, 2024. REUTERS/Hannah McKay/File Photo (1/2)LSEG signage is seen on screens in the lobby of the London Stock…

AMD acquires server manufacturer ZT Systems for $4.9 billion in cash and stock

Aug 19 (Reuters) – AMD (AMD.O)opens new tab announced on Monday that it plans to acquire server maker ZT Systems for $4.9 billion. The company wants to expand its portfolio of chips and hardware for artificial intelligence and compete against…