Gold prices held steady on Thursday as recent U.S. data showed inflationary pressures easing before a fresh escalation in the Middle East war drove oil prices higher, reviving concerns over elevated energy costs and potential interest rate hikes. FUNDAMENTALS Spot gold was little changed at $4,056.59 per ounce by 0046 GMT. U.S. gold futures for…
Defense Secretary Pete Hegseth said in a video message Wednesday that because the US military needs its warfighters to be in peak physical fitness, a new screening program is being set up to check troop testosterone levels. “While we invest heavily in our weapons systems, platforms, and gear, our most decisive tactical advantage will always…
“You may wonder why we’ve combined the two bills,” said Council of Development Finance Agencies president and CEO Toby Rittner. “It’s because it’s under the same tax code. So why not fix our bonds while we fix the Aggie bonds, and why not fix the Aggie bonds while we fix our bonds?” GAO Things are happening fast…
A Wisconsin referral marks the second time Musk’s viral description of an America PAC promotion has landed him in legal trouble.
She wore a silver suit of armor with see-through panels, designed and created by Thierry Mugler in 1995. Roach told podcast host Recho Omondi that he and the actor began talking about styling the piece before “Dune: Part Two” began filming. They eventually flew to Paris to meet with the fashion house’s creative director, Casey…
“Today DFS formally proposed regulations to establish a licensing and supervision framework for buy now, pay later (BNPL) providers operating in New York,” the department said in a Wednesday post on X. “The proposal opens a 60-day comment period.” Bloomberg Law reported Wednesday that some of the proposal’s provisions include requirements that BNPL lenders get licensed, that they…
Detainees at ICE facility in Texas were beaten and abused, rights groups say
Key takeaway: Federal Reserve Gov. Lisa Cook said the Iran war and the rapid buildout of AI data centers reinforce her view that inflation will remain persistent. Expert quote: “If we do not see signs of disinflation soon, I am prepared to act. I am fully committed to reaching our inflation target, and this commitment is…
The International Ethics Standards Board for Accountants released a staff publication Wednesday on the ethical implications of emerging technologies such as artificial intelligence in the accounting profession today. Processing Content The new publication, Emerging Technologies: A Characteristics-Based Approach to Ethical Considerations for Professional Accountants, aims to support accountants as they develop, implement or use emerging…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week. Shares of…