Gold prices held close to record highs on Tuesday, supported by uncertainty surrounding the upcoming U.S. presidential elections, as investors await key economic data for clues on the Federal Reserve’s interest rate path. Spot gold rose by 0.5% to $2,755.42 per ounce as of 02:26 GMT. Prices reached an all-time high of $2,758.37 last Wednesday. […]

The U.S. bond market is currently experiencing a significant sell-off, comparable only to one instance in history under former Federal Reserve Chairman Alan Greenspan in 1995. Yields on two-year bonds have surged by 34 basis points since the Fed’s interest rate cut on September 18, the first in over a year. This situation mirrors the […]

Starbucks (NASDAQ: SBUX) announced on Tuesday that it is withdrawing its annual financial forecast, reflecting the challenges the company faces as customer interest declines and performance in key markets falters. This decision coincides with Brian Niccol taking over as the new CEO, succeeding Laxman Narasimhan, with a focus on revitalizing the brand and re-engaging customers. […]