The wholesale market price of Gold Bullion continued to fall Wednesday morning, hitting $1533 per ounce - a 0.6% loss on the week - while stocks and commodities fell and US Treasuries rose following a speech on Tuesday by Federal Reserve chairman Ben Bernanke.
The United Nations and the White House have condemned the burning of a mosque in the West Bank yesterday.
The Organization of Petroleum Exporting Countries (OPEC) meeting would likely end with a decision to increase crude production levels to reduce international concerns about the high price of oil.
At WWDC Keynote on June 6, Apple officially unveiled Mac OS X Lion, the eighth major release of Mac OS X. Top 10 new features were announced and demonstrated.
Google has become a political tool vilifying the Chinese government, an official Beijing newspaper said on Monday, warning that the U.S. Internet giant's statements about hacking attacks traced to China could hurt its business.
FBR Capital Markets initiated coverage of Capstone Turbine Corp. (NASDAQ: CPST) with an outperform rating and a price target of $2.75, or 68 percent potential upside.
At least two brokerages cut price targets on Research In Motion as they expect rival Apple's iCloud service and concerns over its inability to tackle competition from iPhone and Google's Android-based smartphones to hurt the BlackBerry maker.
Jefferies & Co. initiated coverage of Cisco Systems, Inc. (NASDAQ: CSCO) with a hold rating and a price target of $15.75.
Car sales sputtered in May, slumping to levels that were much lower than expected as higher vehicle prices led consumers to put off purchases in the face of a weakening economy.
Peppa Pig is all the craze in the United Kingdom among tots and young children, and she is set to make a splashing debut in America after signing a deal with Fisher Price.
Higher car prices and a shortage of fuel-efficient vehicles likely threw a roadblock in the U.S. auto industry's recovery path in May, when the Japan crisis had its biggest impact on U.S. sales so far.
Gasoline fell to its lowest level in seven weeks and diesel fuel dropped below $4 a gallon for the first time in two months, the Energy Department said on Tuesday.
Single-family home prices dropped into double-dip territory in March as the housing market remained bogged down by inventory and weak demand, a closely watched survey said on Tuesday.
Auriga USA LLC upgraded its rating on shares of Nvidia Corp. (NASDAQ: NVDA) to buy from hold and raised its price target to $24 from $19, as it sees potential for strong growth in Tegra, which may more than offset its flattish GPU business.
Luggage maker Samsonite, backed by private equity firm CVC Capital Partners , moved closer to a $1.5 billion Hong Kong initial public offering, setting an indicative range for the deal on Monday as it bet on booming Asian demand for global consumer brands.
The Dollar Gold Price traded in a $3 range around $1526 per ounce on Friday morning in London, while stocks and commodities were up and the Euro rallied despite concerns the IMF may halt the latest payment of Greece's €110 billion bailout.
Wedbush Securities views recent weakness likely due to concerns and confusion over the AT&T (NYSE: T) renewal, as an opportunistic entry point in shares of Synchronoss Technologies, Inc. (NASDAQ: SNCR). The brokerage reiterated its outperform rating on shares of Synchronoss with a price target of $36.
The evidence from China, for example, suggests that while higher rates certainly have the potential to dent gold demand, far more important drivers are inflation and growth. China's experience may not be typical, but it's certainly worth examining. China is the world's second biggest gold market after India.
Oil rose 2 percent on Tuesday in choppy trading after Goldman Sachs raised its price forecasts for Brent crude, saying demand from economic growth will eat into stockpiles and OPEC spare capacity.
St. Louis Federal Reserve President James Bullard said on Monday that stripping energy and food costs from inflation measurements may understate inflation. Ignoring energy prices in a price index may systematically understate inflation for many years, he added.
Commodities trader Glencore's shares were stuck under water on their first day of official trade, dashing hopes of a strong start after it set a mid-range flotation price for London's largest ever offering.
The U.S. Treasury will take the first step toward exiting its 92 percent stake in American International Group Inc
on Tuesday when the insurer prices its stock offering.