Global gold demand fell in the first quarter of 2023, WGC says
LONDON (Reuters) – Global gold demand fell in the first three months of 2023 as...
Daily Gold Alerts
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Macquarie posts record profits on higher income from commodities arm
By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on Friday forecast higher short-term...
Government Debt
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How a US debt crisis standoff could cause a recession – a bad one
By Ann Saphir and Dan Burns WASHINGTON – A fight between Republicans and Democrats over...
Lyft shares tumble as cheaper rides to hurt second-quarter margin
By Akash Sriram (Reuters) – Lyft Inc forecast a dull second quarter as price cuts...
Moderna reports surprise profit as it books deferred COVID vaccine sales
By Patrick Wingrove and Leroy Leo (Reuters) – Moderna Inc on Thursday reported a small...
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Factbox-Warren Buffett, Berkshire Hathaway at a glance
(Reuters) – Tens of thousands of people are descending on Omaha, Nebraska to attend the...
PacWest confirms strategic options talks after US bank shares plunge
By Anirban Sen and Noel Randewich (Reuters) – PacWest Bancorp said late on Wednesday it...
Global issuance of mortgage-backed securities falls to a 23-year low
By Patturaja Murugaboopathy (Reuters) – The issuance of global mortgage-backed securities (MBS) slumped to a...
Commodities
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Shell, Equinor profits beat forecasts as trading offsets lower energy prices
By Ron Bousso, Shadia Nasralla and Nerijus Adomaitis LONDON/OSLO (Reuters) – Energy giants Shell and...
Qualcomm outlook grim as smartphone sales stay weak
By Chavi Mehta, Jane Lanhee Lee and Stephen Nellis (Reuters) -Qualcomm Inc on Wednesday forecast...