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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)

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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. 30, 2023 - OPEC+ boosts efforts to stabilize crude prices, extends output cuts and welcomes Brazil. (Photo: Oman Observer)

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Brazil Investing & Markets Russia Saudi Arabia

OPEC+ expands output cuts and welcomes Brazil in effort to stabilize oil prices

Post Date 11/30/2023

In a move to address persistently low crude oil prices, the OPEC oil cartel, spearheaded by Saudi Arabia and joined by allied producers including Russia, [more…]

Coffee Prices dip as Brazil's anticipated heavy rainfall alleviates dryness concerns. (Photo: Carta Coffee Merchants)

2 min read

Brazil Investing & Markets

Current trends and factors impacting coffee prices in global markets

Post Date 11/29/2023

This morning, coffee prices are experiencing a moderate decline, with Arabica and Robusta varieties both witnessing a downturn. The primary driver behind this shift is [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)

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…]

Billionaire and longtime associate of Warren Buffett, Charlie Munger, has passed away at the age of 99. (Photo: Conor Neil)

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Investing & Markets U.S.

Investing legend Charlie Munger, predecessor to Warren Buffett at Berkshire Hathaway, dead at 99

Post Date 11/28/2023

In the wake of Charlie Munger’s passing, the financial world mourned the loss of a titan whose legacy was deeply intertwined with the success of [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)

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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…]

South Korea's kimchi exports rose 10% YoY in October, signaling an expected record for 2023. (Photo: Food Navigator Asia)

2 min read

Investing & Markets South Korea

Traditional Korean delicacy aims for record year as kimchi exports soar

Post Date 11/21/2023

South Korea’s kimchi export industry is experiencing a remarkable surge, with data revealing a 10 percent year-on-year increase in outbound shipments through October of this [more…]

Nov. 20, 2023 - China and Saudi Arabia's central banks have taken a significant step by agreeing on their inaugural currency swap. (Photo: Xinhua)

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China Investing & Markets Saudi Arabia

China and Saudi Arabia’s landmark currency swap agreement

Post Date 11/20/2023

In a significant move toward reshaping global economic dynamics, the central banks of China and Saudi Arabia recently inked their first-ever currency swap agreement. This [more…]

Nov. 16, 2023 - Hong Kong stocks spearheaded a downturn in the Asia-Pacific region, with Xpeng taking the helm in driving electric vehicle stocks lower. (Photo: HKSE)

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Hong Kong Investing & Markets

Hong Kong stocks tumble as Xpeng drives electric vehicle sector down

Post Date 11/16/2023

In a rollercoaster ride for investors, Hong Kong stocks took a nosedive on Thursday, with the Hang Seng index plummeting by 1.46%. The sudden downturn [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)

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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…]