gold

Gold Rises Ahead of Fed Meeting

Gold Rises Ahead of Fed Meeting

Gold price rose slightly as investors are closely watching the Federal Reserve meeting this week.Spot gold rose 0.18 percent to $1,244.24 per ounce during Tuesday’s trading session. It rebounded from a near five-month low. While gold future fo..

No Three Percent Slump: Stock Market Record Created

No Three Percent Slump: Stock Market Record Created

Wall Street exhibits no volatility which the Trump era had brought. The Standard & Poor 500 has not dipped three percent from previous peaks since the slump. The latter ended on November 4, 2016- only four days before the Presidential election. ..

Goldman Sachs Shares Fall Despite Earning Beat

Goldman Sachs Shares Fall Despite Earning Beat

Goldman Sachs Group Inc. (NYSE: GS) on Tuesday reported third-quarter revenue and earnings that easily topped analysts’ estimates.The investment bank said third-quarter net income increased 2 percent to $2.13 billion, or $5.02 per share, compa..

Netflix Stock Breaks $200 for the First Time on Bullish Calls from Wall Street Banks

Netflix Stock Breaks $200 for the First Time on Bullish Calls from Wall Street Banks

Netflix, Inc. (NASDAQ: NFLX) shares rose past $200 for the first time in the early trading on Friday after Goldman Sachs Group Inc (NYSE: GS) and JPMorgan Chase & Co.(NYSE: JPM) raises their price target for the video streaming company.Gold..

Tahoe Resources Shares Spike After Court Ruling

Tahoe Resources Shares Spike After Court Ruling

Tahoe Resources Inc (NYSE: TAHO) reported Monday that the Guatemalan Supreme Court issued a decision that reinstates the Escobal mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”). This decision reverses the..

Financial Markets are Falling Sharply

Financial Markets are Falling Sharply

The stock market fell sharply Tuesday as a result of a questionable aquisition and renewed tensions with North Korea. The Dow Jones industrial average dropped about 250 points, partialy as a result of United Technologies and Goldman Sachs Group Inc ..

Federal Reserve’s New Rule to Help Unwind Big Banks

Federal Reserve’s New Rule to Help Unwind Big Banks

On Friday, The Federal Reserve finalized a new rule that would make it easier to unwind important U.S. banks by creating a safe harbor for financial contracts after a firm defaults. This decision was unanimously approved by Federal board members and..