[ad_1] Gold price drifts lower as an uptick in US bond yields allows the USD to move away from a multi-month low. The uncertainty over Trump’s tariff plans and trade war fears should act as tailwinds for the XAU/USD pair. Bets that the Fed will cut interest rates further this year might contribute to limiting losses for the yellow metal. Gold price (XAU/USD) attracts fresh sellers during the Asian session on Thursday, though it manages to hold above the $2,900 round-figure mark. A pickup in the US Treasury bond yields assists the US Dollar (USD) in moving away from its…
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[ad_1] Leighton Collins/Shutterstock A PUBLIC consultation on the future of the UK’s steel industry has been launched by the government, which industry and unions have received as “vital and welcome”. The consultation will be open until the end of March for businesses, investors, and prominent steel communities to submit responses to 30 questions. The questionnaire covers a broad range of issues relating to the UK steel industry, such as identifying the most suitable regions to invest in green steelmaking technology. It also includes questions about the importance of innovation, particularly regarding decarbonisation. The consultation will inform the government on…
[ad_1] Elon Musk speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., Feb. 20, 2025. Nathan Howard | ReutersA federal judge in Maryland on Monday granted a temporary restraining order barring staffers from Elon Musk’s secretive government-slashing effort, the Department of Government Efficiency, from accessing the personal information of millions of student loan borrowers.The order, issued by Judge Deborah Boardman, ruled that the Department of Education and the Office of Personnel Management — the government’s HR department — must stop sharing federal employees’ and student borrowers’ personal data with DOGE officials. It marks a significant limitation on DOGE’s access…
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[ad_1] Illustration of U.S social network Instagram’s logo on a tablet screen.Kirill Kudryavtsev | Afp | Getty ImagesMeta apologized on Thursday and said it had fixed an “error” that resulted in some Instagram users reporting a flood of violent and graphic content recommended on their personal “Reels” page. “We have fixed an error that caused some users to see content in their Instagram Reels feed that should not have been recommended. We apologize for the mistake,” a Meta spokesperson said in a statement shared with CNBC. The statement comes after a number of Instagram users took to various social media platforms to…
[ad_1] DELRAY BEACH, Fla., February 26, 2025 (Newswire.com) – Headwall Partners LLC (“Headwall”), an independent investment banking firm focused on the steel, metals, and mining industries, today announced the publication of its ninth annual Headwall Partners Steel & Metals Outlook Survey. Headwall’s annual survey examines the perspectives of corporate leaders of the North American steel and metals industry regarding their outlook for sources and rates of sector growth and the impact of economic policy and politics on such growth.Peter J. Scott, Founder and Managing Partner of Headwall Partners commented, “I would like to thank all of the executives who participated…
[ad_1] The Japanese Yen attracts some sellers amid the recent sharp pullback in JGB yields. Bets that the BoJ will hike interest rates further should help limit losses for the JPY. Expectations for more Fed rate cuts might cap the upside for the USD and USD/JPY. The Japanese Yen (JPY) is ticking lower against its American counterpart during the Asian session on Thursday, though it remains close to the highest level since October 2024 touched earlier this week. Bank of Japan (BoJ) Governor Kazuo Ueda’s comments last week about potentially increasing regular bond buying led to a further decline in…
[ad_1] Salesforce shares fell in extended trading Wednesday on mixed quarterly results and weak guidance. However, the enterprise software giant’s AI business is picking up steam, which should propel the stock higher over time. Sales in the fiscal 2025 fourth quarter rose 8% on an annual basis to $9.99 billion, a touch shy of the $10.04 billion consensus, according to LSEG. Stripping out the impact of foreign exchange rates, revenue rose 9%. Adjusted earnings per share (EPS) jumped 21% year over year to $2.78, well ahead of the $2.61 estimate, LSEG data showed. Bottom line This was not the cleanest…
[ad_1] As of the most recent estimates, there are approximately 41,000 to 45,000 publicly listed companies globally. It stands to reason that some of our free-site writers have been buying shares outside of the UK for their portfolios, too… AngloGold Ashanti What it does: AngloGold Ashanti is a global gold mining company with projects in nine countries, across four continents. By Andrew Mackie. When it was announced at the back end of last year that AngloGold Ashanti (NYSE: AU) had agreed to buy UK-listed Centamin, then I began undertaking research into the miner to see if it was a good…
[ad_1] Listen to this article By Tomasz NowickiMoneywise The process of purchasing a new house can be both daunting and costly, especially for first-time buyers. There are many steps to consider that may end up being repeated if house sales do not go through. While spring is generally the best time to start searching as more properties become available, it’s worth preparing a few months in advance to ensure your finances are fully in order. That is why Kris Bruynson, VP of Marketing at Moneywise, has shared his top tips for first-time home buyers to help them get the…