Ed Steer of Ed Steer’s Gold and Silver Digest shares his thoughts on silver’s run past US$50 per ounce, saying that in his view the bull market is just getting started. ‘One way or another we’re going to run into a supply/demand brick wall, and when that day happens we…
The gold price declined from its recent all-time highs this week, sinking to nearly US$4,000 per ounce and recording its biggest one-day decline in more than 12 years. Silver took a similar hit, slipping back below the US$50 per ounce level. The drops have been attributed to factors like a…
Card-reading contact lenses, X-ray poker tables, trays of poker chips that read cards, hacked shuffling machines that predict hands. The technology alleged to have been used to execute a multistate, rigged poker operation sounds like it’s straight out of Hollywood. And those were only some of the gadgets that authorities…
Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer base. About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs,…
The US retail giant Target announced on Thursday that it is cutting 1,800 corporate jobs, a significant and painful restructuring that marks the company’s first major round of layoffs in a decade. The move is a clear and decisive signal from the company’s incoming leadership that it is prepared to take…
The latest round of US sanctions on Russia’s two largest oil companies could test the coherence of the OPEC+ strategy to gradually increase supply. In a move to compel Moscow to negotiate a peace agreement in Ukraine, the US has announced fresh sanctions against Russia’s two largest oil companies.On Wednesday, the…
Alaska Airlines abruptly grounded its entire fleet of aircraft on Thursday, citing a major, system-wide information technology outage. The move has caused widespread disruption and is the latest in a string of similar technology meltdowns that have plagued the airline industry, raising serious questions about the fragility of the complex…
European stocks opened in positive territory on Friday, with a wave of strong corporate earnings reports buoying market sentiment and helping investors look past a complex and often contradictory global backdrop. The gains build on a week of positive momentum that has seen regional indexes push steadily higher.The pan-European Stoxx…
The income loss for German women after childbirth is far more severe than earlier thought, as per a Reuters report that stated a new study the Leibniz Centre for European Economic Research (ZEW) and Tilburg University.Four years after giving birth, mothers earn nearly €30,000 less than women without children —…
Investors are bracing for a fresh round of volatility in the currency and bond markets in Argentina, before midterm elections on Sunday that will determine the course of President Javier Milei’s economic reform agenda. Though President Javier Milei isn’t on the ballot, the performance of his La Libertad Avanza party…