Investing.com– Gold prices fell slightly in Asian trade on Tuesday, but remained close to record highs amid growing conviction that the Federal Reserve will cut interest rates by a wide margin this week. The yellow metal hit a record high on Monday and traded just below those levels as traders began pricing in a 50 basis point rate cut by the Fed on Wednesday. Strength in gold came following weakness in the dollar and Treasury yields. fell 0.2% to $2,578.03 an ounce, while expiring in December fell 0.1% to $2,605.05 an ounce by 23:56 ET (03:56 GMT). Gold benefits from…
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We recently compiled a list of Morgan Stanley’s Best Stock Picks: 15 Stocks To Own For 2025. In this article, we are going to take a look at where Live Nation Entertainment, Inc. (NYSE:LYV) stands against Morgan Stanley’s other stock picks.The tail end of 2024 is seeing a market shift in the stock market as the Federal Reserve has finally signaled that interest rate cuts are on the horizon. This means that cheaper capital might be on the horizon, with the rate cuts coming just as the labor market starts to feel the pinch through lower growth.It also means that consumer…
Originally appeared on E! OnlineContent warning: This story discusses sexual assault.Sean “Diddy” Combs has been taken into police custody.The rapper was arrested on Sept. 16, the U.S. Attorney’s Office in New York confirmed to NBC News. A person familiar with the situation added that the arrest took place in the lobby of a New York City hotel.U.S. Attorney Damian Williams told NBC News that federal agents arrested Combs based on a sealed indictment.“We expect to move to unseal the indictment in the morning,” Williams said, “and will have more to say at that time.”While it’s unclear what charges the 54-year-old…
Toyota has been spotted testing a right hand drive GR Corolla in Germany, sparking speculation about its potential availability outside of North America. The camouflaged prototype features Japanese and Euro style headlights, BBS forged wheels with Michelin high-performance tires, and red brake calipers. While the interior remains largely hidden, visible elements include a red 12 o’clock marker on the steering wheel, red seatbelts, and a paddle shifter. The absence of parking sensors and masked exterior badging suggests that Toyota is still refining the design for global markets. Toyota Testing Right Hand Drive GR Corolla in Germany Could Signal Expanded Global…
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Pickup trucks were mainly built as single cab models, meaning they had only two doors and one row of seats. These trucks were designed for tough work, like farming or construction, where the focus was on towing and hauling heavy loads. However, over the years, pickup trucks have evolved. They’re no longer just workhorses; they’ve become versatile vehicles that can handle both work tasks and family duties. With the growing demand for trucks that can carry both people and cargo, the crew cab with four doors and two rows of seats has become the most popular style. In fact, the…
TOKYO (Reuters) -Japan Finance Minister Shunichi Suzuki said on Tuesday the government will continue to analyse the impact of the strengthening yen on the economy and respond appropriately. “Our stance has been that currency rates should be determined by markets reflecting fundamentals, but rapid fluctuations are not desirable,” Suzuki said, speaking in a regular post-cabinet meeting news conference. The U.S. dollar fell to a more than one-year low versus the yen, trading below the key 140 mark on Monday on speculation the Federal Reserve could deliver a 50-basis-point interest rate cut at its policy meeting this week. Suzuki said the…
Zillow Upgraded, Analyst Predicts Strong Growth With Lower Mortgage Rates On The HorizonZillow Group, Inc. (NASDAQ:Z) shares are trading higher after Wedbush upgraded the stock from Neutral to Outperform and raised its price target from $50 to $80.The analyst Jay McCanless writes they see a potential boost from lower mortgage rates for Zillow’s core brokerage business.The S&S revenues, included in the Residential revenue line, have contributed to faster revenue growth compared to the national existing home market in recent quarters, adds the analyst.McCanless maintained third-quarter estimates, which are at the high end of Zillow’s guidance for AEBITDA and revenue, as…
Chunghwa Telecom leverages its widest and fastest 5G mobile network to better assist customers with digital transformation and meet the demands of smart applications. SAN ANTONIO, Sept. 16, 2024 /PRNewswire/ — Frost & Sullivan recently researched the telecom and 5G industries in Taiwan and, based on its findings, recognizes Chunghwa Telecom with the 2024 Taiwanese Company of the Year and Customer Value Leadership Awards. The company is an integrated service provider that owns most of Taiwan’s fixed-line infrastructure (supplemented by undersea cables and satellite coverage), and is the largest mobile operator in Taiwan. It provides 99% 4G population coverage nationwide…
Chunghwa Telecom leverages its widest and fastest 5G mobile network to better assist customers with digital transformation and meet the demands of smart applications. SAN ANTONIO, Sept. 16, 2024 /PRNewswire/ — Frost & Sullivan recently researched the telecom and 5G industries in Taiwan and, based on its findings, recognizes Chunghwa Telecom with the 2024 Taiwanese Company of the Year and Customer Value Leadership Awards. The company is an integrated service provider that owns most of Taiwan’s fixed-line infrastructure (supplemented by undersea cables and satellite coverage), and is the largest mobile operator in Taiwan. It provides 99% 4G population coverage nationwide…