Harmony Gold Announces Record Dividend as Profits SkyrocketHarmony Gold, South Africa’s largest gold miner by volume, has announced a record interim dividend following a significant increase in both gold production and profits for the six-month period ending in December. The company’s strategic operations, including the enhancement of mine grades and the augmentation of gold output, have culminated in a 35% revenue boost […] READ MORE Core Inflation Meets Expectations, Posing Questions for Fed's Next MoveIn January, inflation rates aligned with expectations, spotlighting the Federal Reserve’s key inflation metric as it contemplates interest rate adjustments. The core personal consumption expenditures (PCE) price index, which excludes volatile food and energy costs, rose by 0.4% for the month and 2.8% from the previous year, matching Dow Jones consensus estimates. This follows a […] READ MORE Gold & Silver Mining Stocks Exposed: Long-Term Reality RevealedJoin Mike Maloney and Alan Hibbard in this insightful discussion on the performance of precious metals versus mining stocks. READ MORE Fed's Michelle Bowman Emphasizes Caution in Monetary Policy to Counter InflationFederal Reserve Governor Michelle Bowman has expressed a stance of caution regarding the adjustment of U.S. interest rates, emphasizing the ongoing risks of inflation that might undermine the progress in stabilizing prices. In her speech prepared for a Florida Bankers Association event in Miami, Bowman highlighted her expectation that inflation would continue to decrease if […] READ MORE Morgan Stanley Economist Foresees Inevitable Recession Due to Fed's Rate HikesMorgan Stanley’s chief US economist, Ellen Zentner, says a hard-landing recession for the US economy is basically guaranteed. Zentner says the full impacts of the Federal Reserve’s tightening hadn’t been fully felt in the economy. It could take 18 months after the last rate hike to feel the full weight of higher rates. READ MORE As Borrowing Costs Soar, Equity Becomes the New Frontier for Corporate FinanceThe once straightforward strategy of borrowing has become a complex decision for CFOs, thanks to soaring interest rates. This shift is largely due to the Federal Reserve and other central banks increasing interest rates to the highest levels in decades, which has significantly raised the cost of debt financing. Companies across the spectrum—from smaller firms […] READ MORE Oil Prices Waver as U.S. Stockpile Growth Meets OPEC+ Supply Cut SpeculationOil prices traded within a narrow range as the market balanced concerns over rising U.S. crude inventories with the anticipation that OPEC+ might prolong its supply reduction strategy. West Texas Intermediate (WTI) experienced a slight decrease, hovering around $78 per barrel, influenced by a broader risk-averse sentiment among traders. This reaction came after the Energy […] READ MORE U.S. Economic Growth Hits 3.2% in Q4, Marking Six Quarters of Sustained ExpansionIn the last quarter of the year, the U.S. economy expanded at a solid 3.2% annual rate, slightly less than the initial 3.3% growth estimate by the Commerce Department. This growth, spurred by robust consumer spending, marks a deceleration from the 4.9% growth experienced in the third quarter but continues the trend of the U.S. […] READ MORE Copper Prices Dip Amidst Dollar Strength and China's Real Estate SlumpCopper prices fell again on Wednesday, influenced by a combination of a strengthening dollar and ongoing challenges within China’s real estate market, which is a significant consumer of industrial metals. The price of three-month copper on the London Metal Exchange decreased by 0.4% to $8,439 per metric ton by mid-morning, reversing a brief recovery from […] READ MORE « Previous 1 … 26 27 28 29 30 … 62 Next »
