BUSINESS

One kilogram gold bars are seen in this picture illustration

Harmony sticks to 2 mln oz output target for 2015

The chief executive of Harmony Gold, Africa's third largest gold producer, said on Monday he remained committed to a 2015 output target of 2 million ounces despite a decline in production over the last financial year.
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Tanzania inflation jumps, upward momentum seen

Tanzania's inflation rose for the ninth successive month in July on the back of higher food and energy costs and analysts said it was set to keep rising due to a poor supply outlook for staple foods and the cost of importing oil.
Obama

Obama Approval Rating Dips: Can He Still Champion Needed Reforms?

Critics have chided President Barack Obama for his economic reforms, which they view as too big, or too liberal. The reality is however, that if Obama's reforms don't stand, and the economic/social problems are not addressed, an even more-liberal public official will likely emerge to propose and enact bigger changes.
Varoius Euro banknotes lay next to various Swiss Franc notes in this picture illustration at a bank in Warsaw

Swiss Franc Falls to Two-Week Low

The Swiss franc dropped to two-week lows against the euro and dollar on Monday on speculation the Swiss National Bank could further act to curb strength in the currency by setting an exchange rate target as early as this week.
One kilogram gold bars are seen in this picture illustration

Gold Prices Easing As Commodities, Cyclicals Recover

Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.
Warren Buffett

Stop Coddling the Entitled Welfare Class

The economic mess that America faces isn?t because of "extraordinary" tax breaks for high-net-worth Americans; it's the result of decades of social welfare programs that have created a permanent, self-perpetuating welfare state.
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Watch for More Gold Price Declines in Near-Term - Analyst

Commodities saw volatile movement last week, driven by intensifying talk of U.S. double-dip recession, spreading of sovereign crisis from the European periphery to core economies, speculations of U.S. Fed's easing measures, and supportive macro-economic data.
A Lowe's store is seen in Westminster

Lowe's Cuts Outlook Again as Homeowners Cautious

Lowe's Cos Inc (LOW.N) reported weaker-than-expected quarterly sales and cut its fiscal-year outlook for the second time in three months as homeowners put off big renovations in an anemic U.S. economy.

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