Tag: Mining

What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like...

Gold heads for highest finish in nearly a month as Powell says inflation will moderate

Gold futures headed toward their highest finish in nearly a month on Wednesday, with prices up for a second session. Softness in the U.S. dollar...

Gold logs back-to-back gains to start July, second half of 2021

Gold futures finished higher Thursday, supported by opportunistic buying and an unwind of short bets overnight, amid a rise in the dollar to a three-month...

Gold prices finish higher after sharpest weekly skid in over a year

Gold futures ended higher Monday, with the precious metal scoring a partial rebound from its steepest weekly decline since March 2020. Bullion’s gains came as...

U.K. unemployment rate drops again, as British stocks open at highest level since February 2020

The U.K. unemployment rate fell to 4.7% in the February to April period, government data showed, marking the fourth straight month of declines after the...

Mortgage rates fell over the past week, despite inflation hitting a 13-year high. What’s going on?

Benchmark mortgage rates slid over the past week, without any clear reason for a decline, continuing the reprieve for price-sensitive home buyers. The 30-year fixed-rate...

Bitcoin Mining Operation Is Uncovered During U.K. Drug Bust

British police got a shock when they raided a suspected illegal cannabis farm this week: Instead of halogen lamps and weed, they found about 100...

Gold slips back from key $1,900 level ahead of U.S. data

Gold prices hovered under the key level of $1,900 on Thursday, as investors waited economic data that could offer clues as to whether the commodity’s...

U.S. Will Provide Covid-19 Vaccines to 550,000 South Korean Troops Engaged With U.S. Forces

President Biden said Friday the U.S. will provide Covid-19 vaccines to 550,000 South Korean troops working in close contact with American forces in the region....

Global Q1 gold demand down 23% year on year

Global gold demand in the first quarter dropped from a year ago on the back of a more than 70% year-on-year decline in gold investments,...

Home prices surge 12% in February, the biggest jump since 2006 — a $35,000 gain for median-priced homes

The number: The cost to purchase a home rose by a record amount, according to two major barometers of house prices in the U.S. The...

Homeowners’ new safety net leaves many at risk

As the federal government hastily stitches together a new safety net for struggling homeowners, housing advocates fear the relief may come too late for some...

Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if...

Wall Street bet on financing self-employed home buyers. Will there be regrets?

Wall Street’s comeback story in U.S. housing finance has hinged on lending to self-employed borrowers and others who don’t quite fit the mold. It financed...

Dow aims for gains early Monday but rising bond yields slam tech stocks

U.S. stocks opened mostly higher Monday, with tech-related shares coming under additional selling pressure as government bond yields extended their climb following Senate passage of...

Mortgage rates soar above 3% — how high can they go before they scare off homebuyers?

Interest rates are rising quickly, and that has some worried about the effect that movement will have on the U.S. real-estate market. But one analyst...

Charting a bullish March start: S&P 500, Nasdaq maintain major support

Broadly speaking, the major U.S. benchmarks are acting well technically despite persistently uneven price action in spots. Against this backdrop, the S&P 500 has knifed...

Mining stocks have surged in a struggling U.K. market — and have 2 more tailwinds

It’s been a pretty impressive 12 months for the world’s leading miners. The FTSE 350 mining index 156995, -0.22% — which includes diversified mining giants Rio Tinto RIO,...

Silver prices tumble nearly 7% and gold skids below trend lines

Gold and silver futures headed sharply lower Tuesday, with the tumble in prices for gold’s sister metal coming as the CME Group raised margin deposit...

‘Most people would seriously be stunned if they knew just how many credit scores there are’: Why your FICO score differs from Credit Karma

That’s the question many Twitter TWTR, users were asking this week, after scores of tweets about the personal-finance management company went viral. Many of these...

Biden administration extends nationwide eviction moratorium

U.S. President Joe Biden formally requested that officials extend the nationwide bans on evictions and foreclosures hours after his inauguration. Biden asked the U. S....

These copper-exposed stocks can surge in 2021 as tailwinds line up, Morgan Stanley says

Copper-exposed stocks could be set to surge in 2021 and a buying opportunity may be around the corner, Morgan Stanley analysts said on Monday. Copper...

Federal regulators want to ‘modernize’ home appraisals — that could put some consumers at a disadvantage

A federal watchdog agency is investigating ways to modernize the process used to determine how much a home is worth. The Federal Housing Finance Agency,...

Labour Ministry seeks feedback on draft model standing orders for manufacturing, mining, service sectors

NEW DELHI: The labour ministry has sought stakeholders’ feedback on the draft model standing orders for the manufacturing, mining and service sectors to set standards...

Gold climbs to highest finish in a week on hope for further U.S. coronavirus relief

Gold futures climbed on Tuesday to finish at their highest in a week, rebounding from a two week low a day earlier, as prospects for...