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Why Traders Sold Gold When Geopolitical Risk Jumped This Week
49+ min ago (411+ words) Gold prices dropped sharply on April 2 after President Donald Trump delivered a prime-time address pledging to escalate U.S. military operations against Iran. Spot gold fell 2% to $4,664.39 per ounce, snapping a four-day winning streak. U.S. gold futures slid 2.5% to $4,691.10 per ounce. Trump said…...
US hiring likely improved last month, but Iran war and oil prices could take a toll later in 2026
1+ hour, 21+ min ago (368+ words) The Labor Department is expected to report Friday that companies, government agencies and nonprofits added 60,000 jobs in March after shedding 92,000 in February, The unemployment rate is expected to stay at a healthy 4.4%, according to a survey of forecasters by the…...
Gold Plunges 2% Despite Iran Tensions: Here's Why the Safe Haven Trade Failed
23+ min ago (429+ words) Precious metals experienced a significant selloff on April 2 following President Donald Trump's evening announcement detailing plans for intensified U.S. military action against Iran. Spot gold tumbled 2% to settle at $4,664.39 per ounce, ending a four-session advance. Gold futures for U.S. delivery declined 2.5% to…...
Gold Prices Plunge 2% as Trump's Iran Threat Sends Oil and Dollar Soaring
40+ min ago (440+ words) The precious metal market experienced a significant downturn on April 2 following President Donald Trump's evening speech in which he announced plans to intensify U.S. military engagement against Iran. Spot gold tumbled 2% to $4,664.39 per ounce, ending four consecutive sessions of gains. Gold…...
World food prices extend rise in March, United Nations’ FAO says
1+ hour, 12+ min ago (144+ words) PARIS, April 3 (Reuters) - World food prices climbed in "March to "the highest level since December, marking a second consecutive monthly "increase, "the United "Nations Food and "Agriculture Organization said on Friday. The FAO Food Price Index, "whic... PARIS, April 3 (Reuters)…...
Wall Street Ends Month on High Note Amid Optimism
1+ hour, 8+ min ago (693+ words) Wall Street Ends Month on High Note Amid Optimism'Intellectia AI Wall Street Ends Month on High Note Amid Optimism - Market Rally: By 1:30 PM ET, the Dow Jones Industrial Average rose by 2.1%, the S&P 500 increased by 2.4%, and the Nasdaq Composite…...
Maine chocolate prices rise amid higher cocoa costs despite some tariff relief
8+ hour, 6+ min ago (313+ words) With Easter just days away, many Maine families are filling baskets with chocolate bunnies and other sweets. But this year, those treats may come with a slightly higher price tag. According to some local candy makers, rising costs'especially for cocoa'forced…...
Furniture prices slip as UK inflation steadies amid mixed cost pressures
18+ min ago (170+ words) UK inflation remained unchanged in February 2026, while furniture prices declined, reflecting continued pressure on the home furnishings sector. According to the Office for National Statistics, the Consumer Prices Index (CPI) held at 3.0% year-on-year, with a monthly increase of 0.4%. Price movements…...
Federal Reserve Weighs Balance Sheet Reduction
23+ min ago (285+ words) Federal Reserve Weighs Balance Sheet Reduction'Finance News Network Dallas Federal Reserve President Lorie Logan has discussed potential strategies for the U.S. central bank to reduce its balance sheet size. In a speech delivered at the Dallas Fed, Logan emphasised the importance…...
March jobs report expected to show labor market stabilizing before Iran war
23+ min ago (709+ words) The March jobs report is expected to show the U.S. labor market remained relatively stable last month, but experts say the Iran war has already shifted the economic landscape in the weeks since the data that inform Friday's report was collected....