Gold futures prices are sharply down and hit a five-month low in early U.S. trading Friday. Silver prices hit a two-month low in early U.S. trading. After an overnight session of uneventful and near-steady price action, the New York session began with strong selling pressure on both metals. Traders and investors are exhibiting much keener […]
The U.S. Postal Service (USPS), Postmaster General Louis DeJoy and President Donald Trump late Friday appealed a federal judge’s ruling suspending service changes and requiring aggressive steps to ensure ballot deliveries ahead of the November presidential election, the Justice Department said. The government said it was appealing U.S. District Judge Emmet Sullivan’s preliminary injunction orders […]
As holiday shopping gets into gear this weekend, its uncertain how Small Business Saturday on Nov. 28 will move the needle and help the millions of business owners on Main Street struggling to survive. According to a Small Business Saturday Survey conducted by SurveyMonkey and CNBC, 43% of shoppers plan to spend less this holiday […]
Every so often rumors pop up that phones are going portless, opting to make everything from charging to data connections completely wireless. That’s especially true of Apple. It seems like every time we head into a new iPhone rumor cycle, the topic of the portless iPhone crops up again. The iPhone 13 is no exception, […]
You can understand why Italy might want to hand yet another round of state aid to Banca Monte dei Paschi di Siena SpA. It is, after all, the world’s oldest bank. And while by no means systemic, the lender is large enough to rock the country’s finance industry. Paschi also employs thousands in Siena. But […]
The U.K. on Friday said a new government unit will work to tackle ongoing concerns about a concentration of power among a small number of tech giants. The Department for Digital, Culture, Media and Sport said it plans to create a Digital Markets Unit (DMU) to enforce “a new code to govern the behavior of […]
TOKYO – Oil prices were mixed on Friday in quiet trade due to the U.S. Thanksgiving holiday, with West Texas Intermediate (WTI) dropping more than 1% amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic. WTI was down by 69 cents, or 1.5%, at $45.02 by 0104 GMT. U.S. crude […]
Ministers’ pledges to preserve the UK’s food and farming standards after Brexit will not prevent the import of lower-standard products and could spell potential disaster for Britain’s farmers, a report has found. The government has repeatedly promised that a ban on chlorinated chicken and hormone-treated beef would remain in place after Brexit, and has made […]
Even with the expansion of corporate communication suites like Microsoft 365 and Google Workspace (formerly known as G Suite), Slack remains one of the most popular enterprise communication tools. And despite a cursed collab with Cole Haan, Slack stock soared following rumors that the popular app might get acquired by Salesforce. According to a source […]
Gold prices continues to hold support above $1,800 as the precious metal finds little support from the Federal Reserve. The minutes from the November Federal Reserve monetary policy meeting showed that while committee members are concerned about the health of the global economy, they were not ready to implement new stimulus measures. “While participants judged […]
Federal Reserve officials indicated at their last meeting that adjustments could be made soon to their bond-buying program as the central bank looks to alternate ways it can support the economy. The Fed on Wednesday released minutes from its Nov. 4-5 policy meeting. Officials at that gathering voted to keep benchmark short-term borrowing rates anchored […]
President Donald Trump’s trade tariffs have created “leverage” that the incoming Biden administration could use to get the outcomes it wants on the international stage, said former top White House trade negotiator Clete Willems. Trump slapped elevated tariffs on major trading partners such as China, Canada and the European Union for what he said were […]
