Gold is rebounding earlier in the week as tensions between the United States and China and fears of the coronavirus mount, but the dollar continues to decline. The precious metal hit a new record on Monday, like GC gold futures, -0.39% it rose $ 39.60, or 2.1%, to $ 1,937.20 …
Read More »Dow slips on Friday, Nasdaq posts consecutive declines amid mounting tensions between China and the United States and languishing fiscal stimulus
US stocks closed lower on Friday as the tech-laden Nasdaq Composite registered its first consecutive drop since mid-May, while investors worried about rising Sino-American tensions and lack of progress in another. fiscal stimulus bill in Washington. The increase in coronavirus cases in 40 US states is also limiting consumer and …
Read More »How much will drug manufacturers charge for Covid-19 vaccines? Questions about prices arise.
Covid-19 vaccines are poised to become big business. Its potential to generate staggering revenue has already added billions of dollars to the market value of drug makers like Pfizer and Moderna. . That promise is also drawing scrutiny in Washington. Rising prescription drug costs are one of the few problems …
Read More »Boeing earnings preview: Can the company meet even low expectations?
Boeing Co. is slated to report second-quarter results on the Wednesday before the bell, giving investors a clearer picture of the impact of the coronavirus pandemic on a company that is already plagued with problems of its own making. Boeing BA, -1.52% he’s scheduled to hold a call with analysts …
Read More »Gold hits record, with prospects of $ 2,000 per ounce stronger than ever
Gold futures posted a record deal on Friday, along with their strongest weekly performance since early April, with calls to the never-before-seen level of $ 2,000 an ounce for the precious metal to come stronger than ever. “The gold and silver bulls will face a real challenge in the next …
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