Why central banks’ hunger for gold shows ‘no sign of being quelled’ this year
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Australia's central bank cuts rates for the first time in more than four years, flags economic uncertainties
The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.CNBC - 1d -
Why UBS and Goldman Sachs are boosting their gold forecasts
There’s plenty of room for gold to rise, a UBS strategist says.MarketWatch - 1d -
Palestinians in West Bank fear being pushed out amid heightened violence
While the truce in Gaza holds, Israel is hitting Hamas in the West Bank, and Palestinians there are deeply concerned they, too, could be forced out. Chris Livesay has more.CBS News - Feb. 11 -
Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.The New York Times - 5d -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - Feb. 11 -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.NBC News - Feb. 11 -
Some Indonesia lawmakers eye removing central bank governor, Tempo magazine reports
Yahoo News - 2d -
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation coolsABC News - 1d -
Gavin Rossdale on his new cooking show and the burden of being beautiful
The Bush frontman says he's not a professional chef. Yet he just started cooking on TV.Los Angeles Times - 4d -
Praised, then razed: why is UK’s best building of 1996 being demolished?
The Centenary Building in Salford was described as ‘dynamic and sophisticated’ when it won the first Stirling prize. Now it is to be knocked down as part of a huge development. Rowan Moore’s ...The Guardian - Feb. 8
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Southwest bends further to activist shareholder Elliott’s demands
Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.MarketWatch - 12m -
Oil prices tick higher on uncertainty over supply
Oil futures rose Wednesday, finding support on curtailed supply from Russia as traders also monitor talks aimed at ending the war in Ukraine.MarketWatch - 31m -
The market is at the last stage of the bull cycle — but that may take a while. Here are three stocks from this value-focused manager.
Get ready for the “first year of the last leg of the bull run,” says ValueWorks’ Charles Lemonides.MarketWatch - 40m -
Philips issues its second straight profit warning on China. The stock is hammered, again.
Philips shares fell sharply on Wednesday as the Dutch healthcare equipment maker again warned on China and again triggered a big drop in its stock price.MarketWatch - 1h -
Should you be worried about Elon Musk’s DOGE accessing your Social Security information?
Attempts by the so-called Department of Government Efficiency, or DOGE, to seek access to the Social Security Administration’s database have sparked concern that it could compromise people’s ...MarketWatch - 1h
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Southwest bends further to activist shareholder Elliott’s demands
Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.MarketWatch - 12m -
EU considers tapping €93bn in unspent Covid recovery funds for defence
Brussels explores redirecting post-pandemic financing as part of options to boost investments in militaryFinancial Times - 22m -
London registers zero house price growth for 2024
‘Stark’ divergence between UK capital and rest of country comes as affordability pressures weigh on buyersFinancial Times - 25m -
Weekly mortgage demand drops 6%, as homebuyers remain 'on the fence'
Mortgage rates dipped slightly last week, but so did mortgage demand, as housing affordability continues to sideline potential buyers.CNBC - 30m -
6 Years Ago, Kobe Bryant Was Asked If He Liked Taylor Swift’s Music. His Response Was a Brilliant Lesson in the Pursuit of Excellence
When asked about Taylor Swift, Kobe showed how the world can be your library to help you better your craft.Inc. - 30m