Articles

Gold logs biggest drop since July, election may be a ‘pivot point’

Gold prices took an eye-catching hit on Thursday in posting their largest one-day decline since July — highlighting a complicated landscape for the precious metal that’s littered with “push-and-pull” factors just ahead of a U.S. election that may lead it to a major “pivot point.”

Boeing’s capital raise provides a breather through next year

Next for Boeing are arriving at an agreement with its striking factory workers and ramping up production.

Echoes of U.K.’s 2022 bond crisis weigh on Treasury market ahead of U.S. election

A selloff in the U.K. bond market on Thursday, triggered by concerns about planned government borrowing, sent the country’s yields higher in a manner slightly reminiscent of the 2022 gilt crisis and has begun to weigh on the minds of some Treasury-market participants.

The stock market gives this candidate a 70% chance to be the next U.S. president

Incumbent political party is favored when the Dow is up year-to-date, according to a prediction model with a 99% confidence rating.

Trump 2.0 would need 53 GOP senators for a ‘truly reliable’ majority, analyst says

If Republican nominee Donald Trump is elected president, he would need 53 GOP senators to have a “truly reliable” Senate majority, reckons one analyst. With a Kamala Harris presidency, certain GOP senators might be similarly crucial.

Medicare campaign attack ads are baloney

Medicare is certainly on the ballot in next week’s election. The fate and future direction of the program is going to be heavily influenced by budget math. But that doesn’t mean voters can rely on what the two campaigns say.

Apple looks strong on AI; Amazon rules the cloud. Earnings will show how much.

Expect positive surprises from these two “Magnificent Seven” standouts.

Pringles, Cheez-It parent Kellanova marches on toward Mars merger with another profit beat

Kellanova beat profit expectations for a 15th straight quarter, ahead of its $36 billion merger with Mars.

Real-estate agents on how they handle haunted houses in an already-scary housing market 

This Halloween, real-estate agents reflect on some of the creepiest, spookiest homes they’ve helped buy or sell — or lived in themselves.

Mortgage rates increase for the fifth straight week — but there’s good news

The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.

Why a possible spinoff of Comcast’s cable networks is drawing cheers

Analysts think Comcast’s sprawling empire could get more investor respect without its troubled cable networks, and the networks could benefit from being on their own as well.

Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’

Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.
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