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Metals Stocks: Gold soars to five-year high after Fed hints at interest rate cuts

Metals Stocks: Gold soars to five-year high after Fed hints at interest rate cuts

Gold prices shot to levels not seen since 2013 on Thursday, as investors flocked to the metal after the U.S. Federal Reserve left key interest rates unchanged but shifted away… Read more »

Asia Markets: Asian markets rise as Fed leaves itself wiggle room, hopes for trade talks rekindled

Asia Markets: Asian markets rise as Fed leaves itself wiggle room, hopes for trade talks rekindled

Asian markets gained in early trading Thursday, after the U.S. Federal Reserve kept interest rates unchanged but indicated it is ready to make ease monetary policy if needed. The Fed… Read more »

Key Words: Here’s why Jeffrey Gundlach thinks Trump might drop out of 2020 presidential race

Key Words: Here’s why Jeffrey Gundlach thinks Trump might drop out of 2020 presidential race

If the U.S. economy tanks in the next year, President Donald Trump might not even bother running for re-election, “Bond King” Jeffrey Gundlach said Wednesday. “I am not even sure… Read more »

Key Words: Trump’s accusation of treason crosses ‘a dangerous line,’ N.Y. Times publisher says

Key Words: Trump’s accusation of treason crosses ‘a dangerous line,’ N.Y. Times publisher says

While many have grown numb to President Donald Trump’s frequent attacks on the press, his recent comments cross “a dangerous line,” the publisher of the New York Times says. In… Read more »

The Wall Street Journal: Slack sets reference price at $26 a share for public debut

The Wall Street Journal: Slack sets reference price at $26 a share for public debut

Slack Technologies Inc. is set to make its trading debut Thursday on the New York Stock Exchange with a valuation of about $15.7 billion, the second major company to go… Read more »

Earnings Results: Oracle stock rallies on earnings beat, outlook

Earnings Results: Oracle stock rallies on earnings beat, outlook

Oracle Corp. shares increased in the extended session Wednesday after earnings topped Wall Street estimates and the database giant provided its outlook for a new fiscal year. Oracle ORCL, -0.42%… Read more »

This would be the worst-case scenario for health companies, according to UBS

This would be the worst-case scenario for health companies, according to UBS

Health-care reform is coming, UBS analysts say, and it could have severe consequences for certain health companies. There are several possible scenarios for reform, analysts wrote in a 115-page report… Read more »

The Fed: Powell opposes idea of raising 2% inflation target to 4%, saying he doubts it would be credible

The Fed: Powell opposes idea of raising 2% inflation target to 4%, saying he doubts it would be credible

By Senior economics reporter Federal Reserve Chairman Jerome Powell says central banks are having a hard enough time getting inflation to 2%. Federal Reserve Chairman Jerome Powell on Wednesday rejected… Read more »

The Fed: Fed holds interest rates steady — but it leaves itself plenty of wiggle room by removing ‘patient’ pledge

The Fed: Fed holds interest rates steady — but it leaves itself plenty of wiggle room by removing ‘patient’ pledge

By Senior economics reporter Reporter Fed Chairman Jerome Powell is standing pat on U.S. interest rates despite pressure from President Trump to cut them. The Federal Reserve on Wednesday left… Read more »

DoubleLine's Gundlach says Fed's 'pivot' is following bond market's lead

DoubleLine's Gundlach says Fed's 'pivot' is following bond market's lead

FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Reuters) – Jeffrey Gundlach, chief… Read more »

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