Gold prices have been rising over the last couple of weeks and this week posted a new record high of $2,471 an ounce on the futures market. During Tuesday’s trading, spot gold rose 1.8% to nearly $2,466 an ounce. Gold prices have accelerated because traders have become increasingly convinced...

Price of gold hits new record high

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Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

FXDailyReport.com

The USD/CAD pair faces pressure around 1.3730 during Tuesday’s New York session, with the potential to decline towards the key support level of 1.3700. This weakness comes in response to the soft Producer Price Index (PPI) report for July, released by the US Bureau of Labor Statistics (BLS), which has put the US Dollar (USD) under strain.

USD/CAD Vulnerable Near 1.3730 Amid Soft US PPI and Rising Oil Prices

Reuters

MEXICO CITY/NEW YORK (Reuters) -The Mexican peso touched its weakest against the U.S. dollar in nearly two years before paring much of the losses back, as concerns the U.S. economy could be headed for a recession added to recent peso weakness as a popular global trade unwinds.

Mexican peso pares losses, remains volatile on US recession fears

GOBankingRates

Is your dream vacation abroad about to get cheaper? Or is your international investment portfolio in for a wild ride? Buckle up, folks, because some major global currencies might be headed for a...

7 International Currencies Expected To Plummet in Value by the End of 2025

CBS News

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  After a brief stabilization period, gold's record-breaking year is back. In March, gold prices hit an all-time high of $2,160 per ounce and then repeated the feat in April, surpassing the $2,259 mark for another milestone achievement. The price of gold then soared to $2,435 on May 20, before adjusting to spot prices around $2,300 in June. But then, just when it appeared that gold's price had stabilized, it jumped to $2,493 on July 17, its latest record-setting price in 2024....

When will gold prices hit $3,000 per ounce? Here's what experts think

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If you have a long-term savings goal, like saving up for a down payment on...

Best 5-year CD rates of August 2024 (up to 4.75% APY)

NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

New York City, NY

Wisconsin State

Angry Ben

Good afternoon everyone. We continue to have beautiful conditions in the Northeast courtesy of strong high pressure keeping a stationary front well to our south. That front will eventually make it back as a warm front, then a sweeping cold front will help protect the Northeast and East Coast as a whole from what-will-be Hurricane Ernesto.

Severe Weather May Spawn Derecho-Type System Across Parts of Iowa, Missouri, Illinois, and Wisconsin

The foods in your daily diet play a major role in how healthy you are and how long a life you live. In fact, one of the key practices of people living in blue zones is eating a diet of mostly plant-based foods of fruits, vegetables and nuts. In past...

100-year-olds share what they always eat—and what they never do: 'I don't drink soda at all'

NEW YORK (Reuters) - The average rate on the popular U.S. 30-year mortgage plunged to its lowest level since May 2023 this week, following days of market turbulence resulting from last week's softer-than-expected employment report.

U.S. 30-year fixed-rate mortgage plunges to lowest since May 2023, Freddie Mac says

Blackstone President and COO Jon Gray joins 'Squawk on the Street' to discuss the state of the economy, the Fed's rate path outlook, M&A outlook, data centers, state of commercial real estate, impact of the 2024 election, and more.

Blackstone President Jon Gray on the economy, Fed's rate path outlook and data centers

Gold prices have started to move up again and, as previously written, will be targeting a new record high. The trend is still bullish and higher swing highs and higher swing lows continue to form. Since the price of gold has reached its current point, there is nothing traders can do but wait for a bearish correction. When the price makes a bearish correction and reaches the support point, traders can consider entering a long position.

Daily Oil, Gold, Silver Technical Analysis | August 12, 2024

Louisiana State

California State

Local officials and advocates in California are divided over Gov. Gavin Newsom's recent executive order requiring state agencies to remove homeless encampments on public property, leaving the homeless community caught in the middle and uncertain where they will go. In June, the Supreme Court ruled that punishing homeless people for...

'It’s mayhem and craziness': Californians react to Gavin Newsom’s order to remove homeless encampments

A "record-breaking backlog" of pending actions has led to an estimated $1.1 billion in improper beneficiary payments, according to a new report. Experts say the Social Security Administration needs more funding in its budget to properly address a "customer service crisis." The Social Security Administration faces a "record-breaking backlog" of...

'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds

General Motors on Monday revealed redesigned versions of its entry-level GMC Terrain crossover, including a new standard "Elevation" model. The vehicle features a more rugged exterior design as well as a new interior with 26 inches of standard information and control screens. The Terrain is typically one of the bestselling...

GM reveals redesigned GMC Terrain as brand's entry-level model

(Reuters) -Canada's benchmark index inched up on Monday as calm returned after a week of turmoil, but rising tensions in the Middle East and upcoming data from the U.S. this week kept investors on edge.

Canada's benchmark index TSX edges up as oil gains, local acquisitions

North Carolina State

Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

My family is from the Greek island of Ikaria, a Blue Zone renowned for the longevity of its inhabitants. To us, garlic has long been more than "just" an ingredient. Garlic is one of the defining components of the Mediterranean diet. I use it every day at almost every meal when I cook for myself or my family. During the weeks I run my cooking classes on the island, we use so much of it that one of my kitchen assistants takes half a dozen or so heads of garlic home with her each night to peel and store in water for the following day.

On the Greek island of longevity, where people often live to 100, we swear by this ingredient: 'I use it every day'

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Gold firms as dollar, yields slip after US PPI data

Gold prices steadied on Tuesday to hover close to an all-time high hit in July, as the dollar and Treasury yields crept lower after U.S. producer...

Gold firms as dollar, yields slip after US PPI data

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