The ‘debasement trade’ has driven gold to new heights. Wells Fargo’s bull case calls for $8,000 an ounce
“We’re in the 4th debasement cycle that started in 2022,” wrote Wells Fargo Securities’ Ohsung Kwon.
Kevin Warsh wants to lead a scandal-ridden Fed. His wealth is a complication
Sen. Elizabeth Warren, D-Mass., is calling attention to potential issues in the Fed chair nominee’s financial disclosures.
Airline CEOs urged by lawmaker to lower fares if fuel prices come down
Airlines have raised airfare, fuel surcharges and baggage fees this year to help cover a surge in fuel costs since the Iran war started on Feb. 28.
Sens. Warren and Blumenthal investigate NLRB decision to drop charges against SpaceX for retaliatory firings
Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., are investigating the NLRB after it dropped charges against Elon Musk’s SpaceX in February over retaliatory firings.
Europe could run out of jet fuel in 6 weeks, IEA warns
The International Energy Agency warned Thursday that Europe is going to run out of jet fuel in as soon as six weeks.
PepsiCo earnings beat estimates as Doritos, Lay’s price cuts win back shoppers
PepsiCo’s quarterly earnings and revenue topped Wall Street’s expectations.
Epstein accusations fly in Senate after César Chávez Monument row
Sen. Heinrich proposed amending a bill to temporarily close the monument and require the government to examine a new monument to honor the farm labor movement.
U.S. and Iran could meet in Pakistan for peace talks next week: MS NOW
Oil tanker traffic through the Strait of Hormuz remains at a trickle as the U.S. enforces a retaliatory blockade of Iranian ports.
U.S. and Iran could meet in Pakistan for peace talks next week: MS NOW
Oil tanker traffic through the Strait of Hormuz remains at a trickle as the U.S. enforces a retaliatory blockade of Iranian ports.
Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post
The information sought includes so-called Tag 50 identifiers, which can be used to determine who was behind the trades.
