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Gold Prices Modestly Gain on Tuesday
Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late...
Hong Kong Market Rebounds on Trade Talks After Violent Week
Hong Kong’s Hang Seng index tumbled last week by as much as 1,300 points or 4.7% as the protests continued to escalate and as the U.S.-China trade war continued to pound on...
U.S. Consumer Prices Rise 0.4% in October
Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other...
Gold Slumps Amid Optimistic U.S.-China Trade Matters
Gold was on track for the biggest weekly loss in three years as optimism revolving around U.S. and China trade matters sent markets soaring throughout the week. Since Monday...
Facebook’s Libra Could be Key For US to Beat China
Facebook’s Libra Could be Key For US to Beat ChinaFacebook’s (NASDAQ: FB) cryptocurrency Libra could be key for the US to beat China in developing a digital currency for...
U.S. Housing Starts Reach 12-Year High in August
U.S. homebuilding reached a more than a 12-year high in August as both single- and multi-family housing construction sped up, suggesting that lower mortgage rates finally gave...
Oil Prices Rise after Attacks on Saudi Arabia Facilities
Oil prices witnessed a sharp rise over the weekend after Saudi Arabia’s oil facilities were attacked during pre-dawn hours on Saturday. The attacks eliminated more than half...
U.S. Consumer Prices Rise a Slight 0.1% in August
Consumer prices slowed in August, reflecting a sizeable drop in the cost of gasoline and other energy products. The Consumer Price Index (CPI), which measures what Americans...