Gold was on the brink of five-year lows on Tuesday, with more losses expected in the coming months following Monday’s “bear raid” when sellers dumped an estimated 33 tonnes in just two minutes. Within a further minute, the deals had been completed, sending the most-active U.S. gold futures contract down $48 to as low as $1,080.00 per ounce, its weakest since February 2010. Spot gold stood at $1,104.50 per ounce
WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau ordered Citigroup Inc’s (C.N) consumer bank to pay $700 million in relief to borrowers for what the agency said on Tuesday were illegal …
A new report on child welfare that found more U.S. children living in poverty than before the Great Recession belies the fanfare of the nation’s economic turnaround. Twenty-two percent of American children …
Greece should wrap up bailout talks with international lenders by August 20, once parliament approves the second package of measures demanded by creditors on Wednesday, the government’s spokeswoman said. Prime Minister Alexis Tsipras has faced a revolt in the ruling Syriza party over the mix of tax hikes and spending cuts demanded by lenders but is expected to get the package through parliament with the support of pro-European opposition parties.
By Amanda Cooper LONDON (Reuters) – Oil prices rose on Tuesday, helped by the dollar’s first daily fall in a week, but still faced their biggest monthly drop since March in the face of a global supply …
U.S. stocks were expected to open a touch weaker on Tuesday, as earnings season gets into full swing with the likes of Apple reporting this session.
Former Colorado quarterback Joel Klatt will become Fox Sports’ lead game analyst for college football, moving from the studio to the booth.
NEW YORK (AP) — Taylor Swift’s star-studded “Bad Blood” music video is paying off: She’s the top nominee at next month’s MTV Video Music Awards.
NEW YORK (AP) — Marlee Matlin is joining the Deaf West Theatre production of “Spring Awakening” on Broadway.
WASHINGTON (AP) — President Barack Obama speaks to a veterans’ convention, then tapes an appearance with Jon Stewart of “The Daily Show” on Tuesday as concerns run high about Iran, veterans’ care and a shooting rampage against U.S. Marines.
