Gold prices have surged in 2024. Here’s how to get in on the gold rush – CNN
Not all that glitters is gold, but the value of the precious metal has been surging this year. Gold prices have broken record after record,...
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Memory chips could be the next bottleneck for AI – The Economist
Investors are accustomed to volatility in the semiconductor industry. But recent ups and downs have been especially discombobulating. On October 15th ASML, a supplier of...
This Year’s Housing Turnaround Ended Before It Started – WSJ
Sales of existing homes are on track for the worst two-year period since the mid-1990s. The real-estate industry hoped 2024 would be a recovery year...
Germany and France Lead Europe’s Business Contraction – Bloomberg
Europe’s grim economic news is piling up, with business activity in its two biggest economies continuing to shrink. In Germany, the contraction eased in October,...
Eurozone Activity Stagnates on Germany, France Weakness – WSJ
The eurozone’s economy continues to stagnate, according to business surveys, as policymakers at the European Central Bank consider whether to accelerate interest-rate cuts to spur...
Tesla shares leap 20% after Elon Musk predicts sales rebound – The Financial Times
Tesla’s shares surged after the world’s largest electric vehicle maker reported higher than expected quarterly profit while forecasting “slight growth” in deliveries this year and...
ECB Shouldn’t Rush With Interest-Rate Cuts, Nagel Says – Bloomberg
The European Central Bank shouldn’t hurry too much to lower borrowing costs but remain flexible, according to Governing Council member Joachim Nagel.The Bundesbank president, who’s...
Here’s why mortgage rates are rising after the Fed’s rate cut – CNN
US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this...
Inflation Has Cooled, but Americans Are Still Seething Over Prices – WSJ
Many people—though not all—saw wage increases that kept pace with the pandemic’s rapid price hikes, but the psychological toll remains. The economy is humming. Inflation...
Europe markets watchdog bids to become EU’s version of SEC – The Financial Times
The EU’s financial markets watchdog wants expanded powers to oversee major stock exchanges and other critical parts of the bloc’s financial infrastructure, as it bids...