Gold Edges Lower; Fed Path Remains in Focus
Gold edged lower in early Asian trading, as investors await more clues on the Fed’s monetary policy path.
Gold edged lower in early Asian trading, as investors await more clues on the Fed’s monetary policy path.
EUR/USD edged lower in the early Asian session. Projections suggested National Rally won 34.5% of the vote, NAB noted.
Top Democratic leaders and donors urged the party to stick with Biden as their nominee, aiming to quell calls for him to step aside as new polling showed voters wary about his ability to lead after a shaky debate performance last week.
Nikki Haley, the runner-up to Trump in this year’s GOP nomination race, said Democrats need to drop Biden as their presumptive nominee as she reiterated her calls for cognitive testing of all federal candidates.
Marine Le Pen’s National Rally notched a victory in the first round of parliamentary elections across France, according to projections that showed her far-right party moving a step closer to its goal of winning control of the National Assembly and taking the reins of government.
Some of the Biden administration’s top domestic priorities, from cracking down on power-plant pollution to bringing back net neutrality, are on shakier legal footing after a Supreme Court decision shifted power away from federal agencies.
Thousands of ultra-Orthodox Jewish men protested in the streets of Jerusalem against mandatory military conscription, part of a rekindled debate now roiling the country after Israel’s top court ruled that the military must start drafting religious students.
China’s manufacturing sector stayed in contraction for a second consecutive month in June, underscoring the difficulties the world’s second-largest economy faced after Beijing’s efforts to resuscitate its property sector.
WestJet Airlines, Canada’s No. 2 carrier, said it canceled 393 flights from Thursday through Sunday and warned that number could grow after a union representing maintenance engineers went on strike despite a government order to stop a walkout.
Reynolds American entered a regulatory gray area with the launch of its Sensa no-nicotine vaping devices, which resemble the disposable e-cigarettes popular among U.S. teenagers.
Lumber prices have fallen during the current building season, a sign that residential construction and home-improvement markets are buckling under high borrowing costs.
A grandiose project to build a nearly 2,500-mile subsea power line that would connect vast wind and solar farms in Morocco to the U.K. shows how the world’s electricity-supply map is changing.
Prime Minister Benjamin Netanyahu’s thin government majority is threatened by community fears of mainstreaming into Israel’s secular culture.
Speaker Mike Johnson says Republicans will go to court for vindication.
Imagine if Biden had chosen a Vice President for competence rather than identity politics.
Six Justices reject the progressive idea that laws against homeless encampments are cruel and unusual punishment.
Marine Le Pen’s National Rally may have a chance to govern.
The plane maker will have a week to accept the plea or fight a fraud conspiracy charge in court.
They can’t convince him to withdraw—and if they do, then comes the hard part.
True, she’d be 126 years old, but she was smarter, fairer and more principled than Trump or Biden.
The country needs a fresh start after years of anger and polarization.