Category: U.S.

Spot gold prices surged to a record high of $2,110.8 per ounce on Monday but retreated slightly, with analysts anticipating continued strength above $2,000 levels throughout the coming year. (Photo: Forbes India)
Estimated read time 3 min read
Investing & Markets U.S.

Gold hit new record, surpassing $2,100 amid global demand surge

  • Post Date 12/04/2023

Gold prices soared to a historic high for the second consecutive day on Monday, reaching a staggering $2,100 per ounce as the global rush for [more…]

Nov. 29, 2023 - Cigna and Humana are currently engaged in discussions about a potential merger, aiming to form a formidable force in the health-insurance sector. (Photo: Michael Nagle | Bloomberg)
Estimated read time 3 min read
Investing & Markets U.S.

Healthcare giants Cigna and Humana in talks for mega merger

  • Post Date 11/29/2023

In a bold move that could reshape the landscape of the health-insurance industry, Cigna and Humana are currently engaged in talks for a potential merger. [more…]

In the week ending Nov. 17, commercial crude-oil stockpiles, excluding the Strategic Petroleum Reserve, increased by 8.7 million barrels to 448.1 million barrels, remaining 1% below the five-year average for this time of year, as reported by the EIA. (Photo: Getty Images)
Estimated read time 3 min read
Investing & Markets U.S.

Surprise surge in U.S. crude oil and gasoline inventories

  • Post Date 11/22/2023

In an unexpected turn of events, U.S. crude oil and gasoline inventories experienced a notable increase last week, defying predictions and sending shockwaves through the [more…]

Nov. 15, 2023 - Target exceeded earnings and revenue expectations for the fiscal third quarter, yet the retail giant acknowledges ongoing challenges with subdued discretionary spending. (Photo: Joe Raedle | Getty Images)
Estimated read time 3 min read
Investing & Markets U.S.

Target bucks retail trends, beats expectations despite sales slump

  • Post Date 11/15/2023

In a surprising turn of events, Target managed to surpass Wall Street’s sales expectations and exceeded earnings estimates for the third quarter, sending its shares [more…]

Nov. 14, 2023 - Fisker's third-quarter results, released on Monday, fell below Wall Street's expectations with revenue at $71.8 million and a net loss of $91 million (27 cents per share). (Photo: Kyle Grillot | Bloomberg)
Estimated read time 3 min read
Investing & Markets U.S.

Fisker faces storm as financial woes unveiled

  • Post Date 11/14/2023

In a startling turn of events, electric vehicle startup Fisker is grappling with a significant decline in premarket trading following a disappointing earnings report and [more…]