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Gold bars and coins representing the precious metal market
Business•6h
•5 min read

Why gold plunged to its lowest price in a year despite renewed Iran jitters

On a brisk Tuesday morning in New York City, gold traders watched the market in disbelief as the price of gold plummeted to its lowest point in a year. The precious metal, often viewed as a safe haven during global turmoil, fell sharply despite rising tensions in the Middle East following the U.S....

Marcus ChenMarcus Chen
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The Fed held interest rates steady, but these officials see more hikes coming soon — MarketWatch
Business•8h

The Fed held interest rates steady, but these officials see more hikes coming soon

Dallas Fed’s Lorie Logan sees “at least” 50 basis points in additional hikes.

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Caregivers are now spending more than $11,000 a year out of pocket—up 60% in five years — MarketWatch
Business•8h

Caregivers are now spending more than $11,000 a year out of pocket—up 60% in five years

An AARP study shows the financial sacrifices families make and their long-term impacts.

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$6.3bn in 30 minutes: how the world’s biggest heist unfolded — Financial Times
Business•9h

$6.3bn in 30 minutes: how the world’s biggest heist unfolded

North Korean hackers’ attack on Binance takes crypto theft to an unprecedented scale

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Microsoft is winning the cloud wars and becoming Wall Street’s new golden child — MarketWatch
Business•9h

Microsoft is winning the cloud wars and becoming Wall Street’s new golden child

Various factors indicate that Microsoft is in a better financial position than its cloud rivals, analysts say.

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American workers are finding their take-home pay isn’t keeping up with inflation, with their wallets ‘stretched thinner and thinner’ — MarketWatch
Business•10h

American workers are finding their take-home pay isn’t keeping up with inflation, with their wallets ‘stretched thinner and thinner’

Worker compensation grows slower than inflation for second straight quarter

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Social Security’s fate — and your benefits — are in the hands of the candidates elected this year — MarketWatch
Business•10h

Social Security’s fate — and your benefits — are in the hands of the candidates elected this year

The program is expected to run out of money in the next six years, which is the same amount of time as a senator’s term.

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The effects of a midterm ‘blue wave’ will be felt for years — Financial Times
Business•10h

The effects of a midterm ‘blue wave’ will be felt for years

Senate arithmetic in this electoral cycle could spell disaster for the Republicans

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After Intel’s historic stock drop, analysts say there’s no reason to buy the dip — MarketWatch
Business•11h

After Intel’s historic stock drop, analysts say there’s no reason to buy the dip

“A cheaper stock does not necessarily offer better value,” one expert says.

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Pensioners bet on a lifetime cruise. They ended up in a Cambodian scam town — Financial Times
Business•11h

Pensioners bet on a lifetime cruise. They ended up in a Cambodian scam town

Many passengers on the Odyssey hoped to spend the rest of their lives at sea but high oil prices got in the way

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CD&R pursues buyout of $40bn card processor Global Payments — Financial Times
Business•11h

CD&R pursues buyout of $40bn card processor Global Payments

Deal for US company would rank among largest buyouts in history

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Residents of Oleshky prepare for evacuation amid ceasefire.
Business•11h

Russia observes rare Ukraine ceasefire to allow evacuations

In a rare moment of respite amid the enduring conflict between Russia and Ukraine, a ceasefire has been declared to facilitate the evacuation of civilians. Residents of Oleshky, a town currently under Russian occupation, are set to be repatriated to Ukraine, a move that underscores the complexities...

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Private equity in your 401(k)? Heed Warren Buffett’s warning. — MarketWatch
Business•11h

Private equity in your 401(k)? Heed Warren Buffett’s warning.

About 52% of people with a workplace retirement plan say they would invest in private assets if they were available in their company’s plan.

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