With gold topping the $2,000 mark this week, Citi economists have clarified exactly what they think is driving the surge in the precious metal — and what it could tell us.
Rescue teams were still searching the rubble of Beirut's port for bodies on Friday, nearly three days after a massive explosion sent a wave of destruction through Lebanon's capital, killing nearly 150 people and wounding thousands.
The total nonfarm payroll increased of 1.763 million for the month. The unemployment rate fell to 10.2%, also better than the estimates from economists surveyed by Dow Jones.
Deputy Bank of England Governor for Markets and Banking, Dave Ramsden, iterated that his institution still has further stimulus for the British economy if it proves necessary.
Japanese video game maker Nintendo on Thursday reported a multi-fold increase in quarterly profit on the back of strong demand for its flagship Switch console as well as the runaway success of social simulation game "Animal Crossing: New Horizons."
With fewer places to see and be seen, shoppers are slowing their spending, with an estimate from consultancy firm McKinsey forecasting the global luxury goods market will contract by 35% to 39% in 2020.
A slew of viral videos show people claiming medical exemptions to avoid wearing masks on airplanes and in grocery stories. Doctors say there are legitimate health reasons to do so, but that the list is quite short.
Hiring in tech remains muted, sending another distressing signal ahead of Friday's critical jobs report. As of late July, tech job postings were down 36% compared to the same time last year, according to recent data from the online platform Indeed.
Players who choose not to play this season could still get up to $350,000 if they have a pre-existing medical condition that makes them more susceptible to Covid-19.