Gold rises as a divided Fed cuts rates; silver hits record high

Gold rises as a divided Fed cuts rates; silver hits record high

[BENGALURU] Gold prices rose on Thursday (Dec 11) after the US Federal Reserve cut interest rates, even as policymakers remained split on the outlook for further easing next year, while silver notched another record high. Spot gold rose 0.3 per cent to US$4,242.39 per ounce as at 8.40 am. US gold futures for February delivery…

Read More

Musk’s fortune would more than double on US$1.5 trillion SpaceX

Musk’s fortune would more than double on US.5 trillion SpaceX

Musk’s path to becoming a trillionaire, whether it is through Tesla or SpaceX, is not without challenges [NEW YORK] The richest man in the world could more than double his US$460.6 billion fortune if SpaceX succeeds in going public next year at a valuation of US$1.5 trillion. Elon Musk’s stake in his space company alone…

Read More

Asian stocks in retreat as traders eye Fed decision, tech earnings

Asian stocks in retreat as traders eye Fed decision, tech earnings

ASIAN markets retreated on Wednesday following a tepid day on Wall Street as investors bided their time ahead of a highly anticipated Federal Reserve policy announcement later in the day. Earnings from tech giants Oracle and Broadcom this week are also in view amid lingering worries about an AI-fuelled bubble that caused some panic on…

Read More

Christina Aguilera Shares Daughter Summer’s One Request at Home

Christina Aguilera Shares Daughter Summer’s One Request at Home

Christina Aguilera knows what a girl wants. Specifically, her and fiancé Matt Rutler‘s 10-year-old daughter Summer Rain, who the “Beautiful” singer said prefers to see her with no makeup. “Summer’s favorite side is ‘no makeup mama,’” Christina shared on the Dec. 9 episode of The Jennifer Hudson Show. “As soon as I’m done shooting, she’s…

Read More

Wall Street subdued at open as Fed rate cut decision nears

Wall Street subdued at open as Fed rate cut decision nears

[NEW YORK] Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision, while Nvidia shares were whipsawed by contrasting news around exports of advanced AI chips to China. The Dow Jones Industrial Average fell 14.8 points, or 0.03 per cent, at the open…

Read More