November 11, 2025 - 01:12

Amidst a backdrop of a struggling U.S. economy, gold prices have seen a notable increase, driven by heightened demand for safe-haven assets. The recent political deadlock in Washington is reportedly coming to a close, as a coalition of moderate Senate Democrats has reached an agreement to reopen the government. This development is significant, as the ongoing suspension of economic data has left the Federal Reserve in a precarious position, attempting to navigate the challenges of high inflation coupled with a weak labor market.
Investment strategist Vasu Menon highlighted that once the threat of a government shutdown subsides, investors are likely to refocus on the Federal Reserve's monetary policy. The potential release of previously delayed economic data could provide the Fed with the necessary insights to adjust its policies. If the data indicates a slowdown in economic growth, there may be an opportunity for the Fed to ease its policy sooner than anticipated, further influencing market dynamics and gold prices.
August 8, 2026 - 04:12
Trump-linked fintech firm AI Financial sells unit to Prime DeltaAI Financial Corp, a fintech company with ties to the Trump family`s World Liberty Financial crypto venture, has completed the sale of its Canadian operations to New York-based Prime Delta. The...
August 7, 2026 - 20:21
OpenAI says its upcoming Astra model may have 'critical' cybersecurity capabilities, amid rash of AI model hacksOpenAI has issued a cautious warning about its upcoming AI model, internally codenamed Astra, suggesting that the system may possess what the company describes as `critical` cybersecurity...
August 7, 2026 - 06:26
PT Bank Negara Indonesia (Persero) Tbk (PTBRY) (Q2 2026) Earnings Call Highlights: Record Core ...JAKARTA - PT Bank Negara Indonesia (Persero) Tbk reported its highest pre-provision operating profit in half a decade during the second quarter of 2026, even as net profit growth slowed due to...
August 6, 2026 - 22:25
Google says hackers are calling financial firm employees to hack and extort victimsGoogle`s security team is warning about a new and unsettling trend in cybercrime. Hackers are no longer just sending phishing emails or exploiting software flaws. They are now picking up the phone...