WASHINGTON (AP) — Kevin McCarthy is set to face a case of déjà vu come Tuesday. The political future of the 57-year-old will once again be at stake as Republican Read more
Tag: climb
U.S. jobless claims climb to 230,000 in sign labor market is slowly cooling off
The numbers: The number of Americans who applied for unemployment benefits in early December rose slightly to 230,000, pointing to a slow but steady increase in layoffs as the U.S. Read more
Pfizer-BioNTech bivalent booster shows higher immune response, but new COVID cases climb back above 40,000 a day
First the good news: Pfizer Inc. and Germany-based partner BioNTech SE said updated trial data for their omicron BA.4/BA.5-adapted bivalent booster showed a “substantially higher” immune response in adults than Read more
Gold prices climb as investors await Fed decision
Gold prices traded higher early Wednesday as investors waited to hear from Federal Reserve Chairman Jerome Powell. Price action December gold futures GCZ22, +0.52% rose $9.10, or 0.6%, to $1,658 Read more
Saudi Aramco reports $42 billion profit as oil prices climb
DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, a 39% bump buoyed by the Read more
Dow futures climb as traders jostle for position before Fed decision
U.S. stock futures on Tuesday pointed to a positive start to the month as the earnings season trundled on and traders jostled for position ahead of Wednesday’s Federal Reserve interest Read more
Treasury yields climb as Fed decision looms
Bond yields rose on Monday as traders eyed the Federal Reserve’s rate setting decision due midweek. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.494% rose by 8.7 basis Read more
U.S. stocks finish lower as Treasury yields climb to highest level in more than 14 years.
U.S. stocks finished lower on Thursday for the second day in a row as yields on the 10-year and 2-year Treasury notes advanced to their highest levels in more than Read more
Palladium has outperformed gold and silver this year, but may still have to room to climb
Palladium has outperformed gold and silver, as well as sister metal platinum, so far this year, and the market is showing some signs of further gains to come. Palladium has Read more
Gold, silver climb as traders see chance of less aggressive Fed rate rises
Gold and silver prices traded higher on Thursday as prices for the precious metals continued to seesaw this week alongside the U.S. dollar and Treasury yields. Price action Gold futures Read more