Gold market could be in trouble; bearish sentiment is rising as prices test critical support around $1,675

Gold market could be in trouble; bearish sentiment is rising as prices test critical support around $1,675

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market could be in trouble as prices test critical support levels after falling to their lowest …

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Fed meeting ahead will decide whether stocks can stabilize or fall back to bear market lows

Fed meeting ahead will decide whether stocks can stabilize or fall back to bear market lows

The Federal Reserve is expected to raise interest rates by another three-quarters of a point Wednesday, but it is what it signals about future rate hikes that will drive markets. The central bank’s two-day meeting Tuesday and Wednesday comes in a week where investors will also be on high alert for more guidance about corporate …

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The 2022 North American International Auto Show Was a Depressing Ghost Town

The 2022 North American International Auto Show Was a Depressing Ghost Town

Ford Motor Company’s display at the 2022 North American International Auto Show.Photo: Lalita Chemello The 2022 North American International Auto Show in Detroit opened its doors to media and industry professionals this week, with public days beginning tomorrow. NAIAS was once the pinnacle of the U.S. auto show circuit, with huge, over-the-top displays and reveals …

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These housing markets are the most vulnerable in recession

These housing markets are the most vulnerable in recession

As rent doubles in some parts of the country, some renters are relocating. FOX Business’ Madison Alworth with the latest. New Jersey, Illinois and inland California have the highest concentrations of the housing markets that are most vulnerable in an economic downturn due to high unemployment rates and low affordability, according to a recent report …

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Want a risk-free 4% return? How investors can buy a simple Treasury

Want a risk-free 4% return? How investors can buy a simple Treasury

The spike in short-term Treasury yields may have some investors thinking about adding the notes to their portfolio. The yield on the 2-year Treasury went over 3.9% on Friday, the highest level since 2007. Bond yields move inversely to their prices. The 2-year note is at the point on the Treasury yield curve that is …

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How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire

How crypto billionaire Sam Bankman-Fried survived the market wreckage and still expanded his empire

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of …

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At Twitter whistleblower hearing, a key tech regulator comes under fire

At Twitter whistleblower hearing, a key tech regulator comes under fire

“I’m concerned that for almost 10 years the Federal Trade Commission didn’t know or didn’t take strong enough action to ensure Twitter complied with the consent decree” it signed with the agency in 2011, said Iowa Sen. Chuck Grassley, the Senate Judiciary Committee’s top Republican. “Congress should … be mindful of the FTC’s ability, or …

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A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns

A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns

Not exactly TGIF this Friday. What the sellside is slowly realizing is not just that the Fed is going to be aggressive in September after the latest shocking inflation figure, but that the central bank will have to keep rates higher, and for longer. The British pound GBPUSD, -0.72%, in some respects a proxy for …

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World's Best Specialized Hospitals 2023

World’s Best Specialized Hospitals 2023

1 MD Anderson Cancer Center Houston, TX United States 2 Memorial Sloan Kettering Cancer Center New York, NY United States 3 Institut Gustave Roussy Villejuif France 4 Dana-Farber Cancer Institute Dana Farber Cancer Institute Boston, MA United States 5 Mayo Clinic – Rochester Mayo Clinic Oncology Rochester, MN United States 6 Samsung Medical Center Samsung …

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