As of August 19, gold prices have hit new highs, with spot gold at $2,508.14 per ounce and U.S. futures at $2,540.8 per ounce, amid rising expectations that prices could reach $3,000 by mid-2025.
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Consunji Family to Invest $177M in DMCI and Fund Its Cement and Construction Business
The Consunji family is investing $177 million into DMCI Holdings to fund the purchase of Cemex's Philippine cement business, with the deal expected to boost DMCI's portfolio.
The Hidden Costs of Trading Platform Outages: How Fred Trading Helps Clients Navigate Broker Outages
If you enjoy investing online, you may have been frustrated with the recent outages of some major brokers. It takes hard work and dedication to be a successful trader, even if you just enjoy it as a hobby. And few things are as frustrating as planning a trade and then having it canceled—or just not being able to execute it at all—because a broker has an issue. Fred Frost, a Dubai-based trader and founder of Fred Trading, a free training program for aspiring traders, shares your frustration. He offers a unique perspective when it comes to risk management.
Kamala Harris Wants to Raise Corporate Tax Rate to 28%, Which Could Cut US Debt to $1 Trillion
Kamala Harris has proposed raising the corporate tax rate from 21% to 28% to reduce the national debt and support working families if she wins the November election.
California Passes New Laws Targeting Shoplifting and Organized Theft Rings
California Governor Gavin Newsom has signed 10 new laws to combat organized retail crime, focusing on shoplifting, vehicle theft, and the resale of stolen goods online, with increased penalties for middlemen and stricter regulations for online sellers.
Latest News
The US and China have signed a new financial stability agreement to boost cooperation on key issues like capital markets and cross-border payments.
Congresswoman Nancy Pelosi has criticized California's SB 1047 AI regulation bill as "ill-informed," arguing it could harm rather than help. State Senator Scott Wiener defends it as necessary for ensuring safety in large AI models.
Due to an impending labor dispute, Canada's two largest railroads may face a work disruption soon, threatening to also disrupt the US supply chain for an indefinite amount of days.
Saudi Aramco is expanding its partnership with China by investing in petrochemicals and low-carbon technologies, aligning with China's energy security and sustainability goals.
Fortnite has returned to iPhones in the EU and is now available on Android globally, following a four-year removal from app stores due to payment disputes.
The Nevada Gaming Control Board has accused Resorts World Las Vegas of enabling illegal gambling and failing to address violations related to bookmaking and criminal ties.
North Korea will partially reopen its borders for international tourism by December 2024, allowing travel to Samjiyon and other locations after nearly four years of closure due to COVID-19.
This comprehensive guide explores the importance of rep and warranty insurance, its benefits, and its growing role in the M&A landscape.
Reminiscent of the banking crisis, where established financial systems encountered significant failures despite thorough safety checks, reveals the extensive vulnerabilities facing most industries and highlights the need for rigorous testing and contingency planning. Fortunately, Ethernity Cloud is addressing those fundamental flaws and innovating to improve overall system efficiency and security.
