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Gold little changed ahead of U.S. payrolls data
  + stars: | 2024-11-01 | by ( ) www.cnbc.com   time to read: +2 min
Twenty kilogram gold and silver bricks sit at the ABC Refinery smelter in Sydney, New South Wales, Australia, on Thursday, July 2, 2020. Gold traded little changed on Friday as investors refrained from taking big positions ahead of the U.S. payrolls data that could provide further clues about the Federal Reserve's interest rate outlook. Spot gold was flat at $2,746.09 per ounce, as of 0235 GMT. Gold prices gained more than 4% in October amid safe-haven flows spurred by the Middle East tensions and U.S. election uncertainty. Zero-yield gold thrives in a low interest rate environment.
Persons: Gold, Edward Meir, Kamala Harris, Donald Trump, nonfarm, Meir Organizations: ABC Refinery, Democratic, Republican, Reuters, Traders Locations: Sydney , New South Wales, Australia
Shirel’s family and friends surrounded the grave, sobbing and wailing loudly, visibly shaken by her death. Heartbroken and overwhelmed with guilt and anger, Eyal said he blames the Israeli health authorities for some of Shirel’s problems. “You don’t love to go to shrinks and psychiatrists, okay, go to visit your friends that also went the Nova Festival and survived. How to get help Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. Eyal Golan said the only help Shirel received was from the local authorities, which are strapped for cash and unable to offer adequate assistance.
Persons: Tel, Israel CNN — Meir Golan, Shirel Golan, Shirel’s, Eyal Golan, Shirel, , Eyal, CNN Eyal, , let’s, it’s, Shirel didn’t, ” Omer Leshem, SafeHeart Organizations: Israel CNN, CNN, Nova Music, Nova, Israel’s Welfare, Social Services Ministry, Nova Festival, Israel Defense Forces, IDF, International Association for Suicide Prevention, Befrienders Locations: Tel Mond, Israel, Gaza, Shirel’s, Tel Aviv
More than a year after Hamas and other armed groups launched their terror attack against Israel, Shirel Golan became their latest victim. Shirel’s brother Eyal Golan told CNN her health problems began immediately after the October 7 attack. Eyal Golan, brother of Shirel Golan. How to get help Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. Eyal Golan said the only help Shirel received was from the local authorities, which are strapped for cash and unable to offer adequate assistance.
Persons: Tel, Israel CNN — Meir Golan, Shirel Golan, Shirel’s, Eyal Golan, Shirel, , Eyal, Luis Graham, Yooll, , let’s, it’s, Shirel didn’t, ” Omer Leshem Organizations: Israel CNN, CNN, Nova Music, Nova, Israel’s Welfare, Social Services Ministry, Israel Defense Forces, Nova Festival, IDF, International Association for Suicide Prevention, Befrienders Locations: Tel Mond, Israel, Gaza, Shirel’s, Tel Aviv
Hundreds of family members and friends are gathering for a ceremony honoring those killed in Hamas’ attack at the site of the Nova Music Festival in southern Israel on October 7. Danielle Cohen, whose cousin Mor Meir Trabalsi was murdered while trying to escape the attack, attended alongside several friends and family members. “He was 27 years old and got married just one month before,” Cohen told CNN. He was the glue of our family.”Cohen said Trabalsi’s wedding was the biggest she’s ever been to, with more than 800 people attending. “It’s unusual for Israeli weddings to be that big, but Mor had more friends than people I know in my life.
Persons: Danielle Cohen, Mor Meir Trabalsi, Trabalsi, Cohen, , ” Cohen, Mor, Organizations: Nova Music, CNN Locations: Israel
Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.
Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, , Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine
Three Israeli hostages were rescued from his family’s building on June 8. “Hamas only trusts Hamas when it comes to those very sensitive issues such as Israeli hostages,” he said. The Israeli Prime Minister’s Office told CNN she was held by the Abu Nar family but did not provide further details. Three relatives of Abu Nar also posted on social media announcing he had been killed by Israeli forces that day. Many locals questioned why so many Palestinians had to die for the Israeli forces to rescue just four hostages.
Persons: Gaza’s, Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, Noa Argamani, Abu, Ahmed Aljamal, , Abu Muhammad El Tahrawi, Aljamal, Dr Fadel Naim, Abdelrahman El Tahrawi, ” Dr, Aljamal’s, Abdallah, , Gilad Shalit, ” Abdallah Aljamal, Abdallah Aljamal, Mkhaimar Abusada, Ashraf Amra, Benny Gantz, Hussein Ibish, Israel “, ” Andrey Kozlov, , Kozlov, Aviram Meir, Israel’s, Nuseirat, Zainab Aljamal, Abdallah’s, Fatima, Ahmed, Zainab, Thomas Bordeaux,  Zainab, , Argamani, Mohamed Ahmad Abu Nar, Abu Nar, Bilal Mazhar, ” Mazhar, Khalil Al, ” Noa Argamani, Yakov Argamani, Kahlot, CNN he’d, Mohamed Ahmed Organizations: CNN, Nova, Palestine, Neighbors, Gaza’s Ministry of Labor, Facebook, Qassam Brigades, Hamas, Palestinian Center, Policy, Survey Research, Science, Al, Azhar University, Civil, Getty, Gulf States Institute, Palestine Chronicle, Israel Defense Forces, Minister’s, Israeli Army, Reuters Locations: Gaza, Nuseirat, Israel, Cairo, Anadolu, Israeli, Washington
CNN —When the Gaza sunshine was at its hottest, Andrey Kozlov said the Hamas fighters would cover him with blankets, leaving him to stew in his sweat. When they pulled the blindfold from his eyes, they said they would kill him and film his murder. The 27-year-old said he suffered intense psychological – and some physical – abuse at the hands of Hamas. He cannot bring himself to describe all that happened to him and the two other hostages he was kept with during his eight months of captivity in Gaza. “Yes they were.”For that reason, Kozlov implored Israeli officials to “try to understand how we [the hostages] felt all this time.
Persons: Andrey Kozlov, Kozlov, , Israel, Noa Argamani, Abed Khaled, Reuters Kozlov, , , Almog Meir Jan, Shlomi Ziv, – “, ” –, Kozlov – “, ” Kozlov, Marko Djurica, pushups ”, , Itai Pessach, Benjamin Netanyahu Organizations: CNN, Nova, Hamas, West Bank, , Reuters, Qatari, Doha Locations: Gaza, Russian, Israel, Russia, Nuseirat,
Gold climbs as traders brace for U.S. inflation data
  + stars: | 2024-07-11 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices firmed for a third consecutive session on Thursday, with investors awaiting U.S. inflation data due later in the day for more insights on the Federal Reserve's interest rate path. Gold prices firmed for a third consecutive session on Thursday, with investors awaiting U.S. inflation data due later in the day for more insights on the Federal Reserve's interest rate path. Any downside surprise in the CPI report could weaken the dollar and push up gold prices to the $2,400 level, said Marex analyst Edward Meir. Fed Chair Jerome Powell said on Wednesday that the U.S. central bank would make interest rate decisions "when and as" they were needed. Spot silver climbed 0.7% to $31.04 per ounce, platinum firmed 0.4% to $993.25 and palladium gained 0.7% to $992.90.
Persons: Edward Meir ., Lisa Cook, Meir, Jerome Powell, Wang Tao Organizations: Index, Traders Locations: U.S
When intelligence chiefs of the United States, Israel and Egypt went to Qatar on Wednesday for talks aimed at brokering a cease-fire in Gaza, there was more on the line than Israel’s war against Hamas. Hezbollah and Hamas are both allied with Iran in what they call “the axis of resistance,” a coalition that opposes Israel’s right to exist. Israeli forces and Hezbollah fighters in Lebanon, who are backed by Iran, have traded fire since the war in Gaza began after Hamas led an attack on Israel on Oct. 7. Israeli government officials and military leaders have in recent weeks toured northern Israel and met with troops stationed there who were preparing for a potential escalation. Whether efforts at de-escalating the conflict between Israel and Hezbollah can succeed may well depend on how the cease-fire talks in Qatar progress.
Persons: Hassan Nasrallah, , Mr, Nasrallah, Hezbollah’s, Abbas Salman, Yasser Nemr Qranbish, Bilal Hussein, , heightening, — Noa, Nir Baranes, Yoav Gallant, Lloyd J, Austin III, Israel ”, Meir Elran, al, Ansari Organizations: Hamas, Hezbollah, ., Associated, Ortal, Lebanese, U.S ., Tel Aviv University’s Institute for National Security Studies, Brig, Qatar’s Foreign Ministry Locations: United States, Israel, Egypt, Qatar, Gaza, Lebanon, Hezbollah, Iran, Syria, Beirut, Golan, Washington, Tel Aviv, France
To help fund the deal and TravelPerk's broader expansion efforts, the company also raised $135 million in debt financing from private equity firms Blackstone and Blue Owl. Avi Meir, TravelPerk's CEO and co-founder, told CNBC the deal would allow the company to turbocharge its growth in the United States. He expects the deal to double TravelPerk's U.S. revenues and make the country its biggest revenue-generating region by 2026. The Global Business Travel Association estimated that the US corporate travel sector was worth $329 billion in 2023. TravelPerk said its U.S. office footprint would expand to include AmTrav's offices in Boston, Chicago, Los Angeles and Miami.
Persons: Avi Meir, Meir, AmTrav, TravelPerk Organizations: CNBC, Blackstone, American Airlines, Business Travel Association, TravelPerk Locations: Chicago, U.S, United States, Britain, Boston , Chicago, Los Angeles, Miami
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravelPerk buys US rival AmTrav, raises $135 million from Blackstone, BlueOwlAvi Meir, TravelPerk's CEO and co-founder, discusses the company's acquisition of American competitor AmTrav and the broader state of play in the corporate travel market.
Persons: BlueOwl Avi Meir, AmTrav Locations: Blackstone
CNN —The family of one of the hostages rescued in an Israeli operation over the weekend has said that he experienced psychological abuse over the hands of his Hamas captors during the eight months that he was held in Gaza. The operation was only the third Israeli rescue of hostages held in Gaza and has been celebrated in Israel. So he feels obliged to pass this goodness on to the next person and help get others [hostages] out.”Kozlov, 27, was among the rescued hostages. Israel launched its war in Gaza following the Hamas attacks of October 7, when militants killed about 1,200 people and took more than 250 hostage. Since then, the Israeli campaign has killed more than 37,000 people, according to the ministry of health in Gaza, and triggered a humanitarian crisis.
Persons: Andrey Kozlov, Noa Argamani, Almog Meir Jan, Shlomi Ziv, Kozlov, Kozlov’s, Mikhail Kozlov, “ Israel, , Israel ”, Israel, ” Mikhail, ” “, , Andrey, Dmitry, Mikhail, ” Dmitry, ” Kozlov, Itai Pessach, ” Pessach, Keren Munder, , pita, Merav Mor, Munder, Adina Moshe Organizations: CNN, Israel Defense Forces, Nova, Israeli Army, Reuters, UN Locations: Gaza, Israel, Russian
The rescue was complex and, as is often the case, did not go all that smoothly. The numbers are unclear – the Gazan Health Ministry, which is controlled by Hamas, says 274 Palestinians were killed; the Israeli military said it was fewer than 100. In the past several months, Israel has refused ceasefire agreements that would have released many hostages, to the great outrage of the hostages’ families. They, too, are not simply “casualties” or “civilians” or “collateral damage,” but people whose safety and futures have been snatched away. Brutal wars like the one between Israel and Hamas can test our humanity.
Persons: Jill Filipovic, it’s, Khalil Al Tirawi, Noa Argamani, Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, Yahya Sinwar, evince, they’ve, It’s, Israel, Meir, Kan, Orit, Liat Ariel, Ziv’s, , Liora, , ” Argamani, Noa, Yaakov, Argamani’s, Avinatan, we’ll Organizations: Twitter, CNN, Nova, Gazan Health Ministry, Israel, Kan News, Jerusalem Post, Al Locations: New York, Israel, Jerusalem, Gaza, Russia, Jazeera, of Israel
CNN —Three hostages rescued by the Israeli military during a deadly raid in Gaza were held captive by a journalist, the Israel Defense Forces (IDF) alleged Sunday, without providing evidence to support their claim. More than 200 people were killed in the Israeli raid, according to Gazan authorities. The four rescued hostages are in “good medical condition” and are receiving medical attention, according to the IDF. More than 70 hostages held in Gaza since Hamas’ deadly surprise attack on October 7 are believed to be alive. More than 100 hostages were freed under a temporary truce last year, while Israel has rescued seven hostages by military means.
Persons: Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, Abdallah Aljamal, Noa Argamani, Aljamal, Ramy Abdu, Israel, Al Jazeera, Al Jazeera’s, ” Aljamal, Aljamal’s, , Argamani Organizations: CNN, Israel Defense Forces, Nova, IDF, Human Rights, Al, Palestine, Foreign Ministry, Palestinian Ministry of Labor, Residents, Aqsa Martyrs Hospital Locations: Gaza, Al Jazeera, Qatar, Al, Aqsa, Israel
Eyewitnesses also said that they saw Israeli forces in disguise – dressed as Hamas fighters or civilians. The Israeli military denied using civilian vehicles, but declined to say whether the officers conducting the rescue were disguised as militants or dressed as Palestinian civilians. The Israeli military had previously used civilian clothing as a tactic in its operations. But soon after the mission got underway, Israeli soldiers and militants began to exchange fire, according to eyewitness accounts and statements from the Israeli military. A senior Biden administration official tells CNN that Israeli forces did not use an aid truck in the operation.
Persons: Mercedes, , , ” Khalil Al Tirawi, Mercedes van, — Noa Argamani, Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, Noa Argamani’s, Adm, Daniel Hagari, , Argamani, Arnon Zamora, Al Tirawi, Abdullah Jouda, ” Jouda, ” Hagari, Fadi Thabet, Trevor Ball, Richard Weir, ” Al Tirawi, Nidal Abdo, Zamora, Yaron Finkelman, that’s, Jake Sullivan, CNN’s Dana, ” Benjamin Netanyahu’s, Hagari, Alex Marquardt Organizations: CNN, Israel Defense Forces, Nova, Israeli Security Agency, IDF, ” CNN, National Police, Hamas ’, Al, CNN CNN, Mercedes, Human Rights Watch, Biden, Southern Command, Union, Sheba Medical, Ichilov Locations: Nuseirat, Gaza, Israeli, Jabalia, Al Jazeera, Argamani, United States, Israel, U.S, “ State, Ramat Gan, Tel Aviv
CNN —Israel’s operation to rescue four hostages took weeks of preparation and involved hundreds of personnel, its military said. Israel heavily bombarded central Gaza as it carried out the operation, killing more than 200 Palestinians and wounding many others, according to Gaza hospital officials. “Israeli forces have been preparing for this rescue mission for weeks. The special operation was months in the making, and Israeli forces prepared by building models of the apartments the hostages were being held in to train in, Hagari said. But on the ground in Gaza, Palestinians described scenes of carnage following the strikes that led up to the rescue.
Persons: – Noa Argamani, Almog Meir Jan, Andrey Kozlov, Shlomi Ziv –, Daniel Hagari, Hagari, Jehad, , ” Hagari, Nidal Abdo, Ori Megidish, Fernando Marman, Louis Har, Mahmoud Abbas, , Abbas Organizations: CNN, Staff, Nova, Palestinian, Israel Defense Forces, IDF, Israel, Saturday, United Nations, UN Security Council, UN Locations: Gaza, Israel, Nuseirat, Rafah, Palestinian
Palestinians mourn their relatives who were killed by an Israeli bombardment at Al-Aqsa Martyrs Hospital in Deir al-Balah, Gaza, on June 8. Ismael Abu Dayyah/APThe Israeli military rescued four hostages held in central Gaza on Saturday in a major daytime operation. The strip’s government media office said at least 210 Palestinians were killed and more than 400 injured by the Israeli bombardment as it carried out the hostage rescue operation. Over 200 Palestinians dead:At least 210 people have been killed and more than 400 injured as a result of the Israeli operation, the enclave’s government media office said. IDF spokesperson Rear Adm. Daniel Hagari said the hostages had been locked in rooms of apartments in multistory civilian buildings.
Persons: Ismael Abu Dayyah, Noa Argamani, Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, Balah, Israel, Daniel Hagari, Hagari, Benjamin Netanyahu, Argamani, that’s, Joe Biden, , Gantz postpones, Benny Gantz, Netanyahu, Gantz Organizations: Aqsa Martyrs Hospital, Israeli, Israel Defense Forces, Nova, CNN, Al, Families, Sheba Hospital, Ichilov, White Locations: Al, Aqsa, Deir al, Gaza, Nuseirat, Ramat Gan, Tel Aviv, American, Israel
CNN —The Israeli military rescued four hostages in a special operation in the Nuseirat refugee camp, central Gaza, that Gazan authorities said killed 236 people and injured more than 400 others. An Israeli policeman from a special counter-terrorism unit was killed in Saturday’s rescue operation, according to Israeli police. At least 236 people have been killed as a result of the rescue operation and more than 400 injured, hospital officials in Gaza said Saturday. The killed and wounded were taken to two hospitals in Gaza, Al-Awda Hospital in Nuseirat and Al-Aqsa Martyrs Hospital in Deir Al-Balah. An Israeli military spokesperson put the number of casualties from the operation at “under 100,” and had no information on how many of those were civilians.
Persons: Noa Argamani, Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, , Dr Marwan Abu Nasser, Balah, Daniel Hagari, Argamani, Hagari, ” Hagari, Nidal Abdo, , Abu Abdallah, , Ismail Haniyeh, ” Abu Obaida, Al, Ori Megidish, Fernando Marman, Louis Har, Isaac Herzog, Avinatan, Liora Argamani, Noa, Joe Biden, Argamani’s, Benjamin Netanyahu, – Almog Meir Jan, Yehuda, – Shlomi Ziv, Ziv, Miren, – Andrey Kozlov, ” Orit Meir, ” Meir, Jennifer Master, ” Yaakov Argamani, ” Rozi Ziv Organizations: CNN, Israel Defense Forces, Nova, HaShomer Medical Center, Awda, Aqsa Martyrs Hospital, Aqsa, Palestinian, Hamas, IDF, Brigades, Presidential Press, Reuters, Ichilov, Israeli Locations: Gaza, Nuseirat, ’ Tel, Al, Aqsa, Deir Al, Deir al, Israeli, , Israel, Rafah, Chinese, Tel Aviv, Russian
Noa Argamani, who was kidnapped in the deadly Oct. 7 attack by Hamas and is one of four hostages who has been rescued by Israeli forces alive, is pictured in this undated handout photo. Jack Guez | Afp | Getty ImagesA video circulating on social media showed Argamani as she reunited with her father. She also spoke with Israeli Prime Minister Benjamin Netanyahu in a phone conversation following her rescue. Israeli opposition leader Yair Lapid called the rescue "A great light in a terrible darkness" and welcomed the hostages back. Andrey Kozlov recently moved to Israel from Russia, and had also been working as a security guard at the festival.
Persons: Noa Argamani, Jack Guez, Benjamin Netanyahu, Yan Gorjaltsan, Argamani's, Be'er Sheva, Netanyahu, Joe Biden, Yair Lapid, Andrey Kozlov, Almog Meir, Ilia Yefimovich, Argamani, Avinatan, Almog Meir Jan, Shlomi Ziv, Andrei Kozlov, Gideon Markowicz Organizations: Reuters, HaShomer Medical Centre, Hamas, Afp, Getty, Israeli, Be'er, NBC News, Sheba Tel, Nova, Stallion Locations: Sheba Tel, Gaza, Ramat Gan, Israel, Tel Aviv, Sheba, Jerusalem, of Israel, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's what's driving the price of copper and other metals higherEdward Meir, Marex senior base metals analyst, joins 'Squawk Box' to discuss the recent moves in copper, if the market seems vulnerable at current levels, and more.
Persons: Edward Meir, Marex
Biden cannot afford a boiling summer of protest
  + stars: | 2024-05-02 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +9 min
CNN —President Joe Biden can ill afford a long, hot summer of protest that comes to a boil in time for the Democratic National Convention in August and then bleeds into the final weeks of an already venomous clash with Donald Trump. The nationwide campus protests are not as pervasive as mass civil rights and anti-Vietnam War protests that raged in the 1960s and 1970s. This has been especially testing for Biden — a staunch supporter of Israel dating back to 1970s Prime Minister Golda Meir. More than 3 million Americans served in Southeast Asia during the Vietnam War. This may also help explain why Biden had not addressed the campus protests in detail before Thursday.
Persons: Joe Biden, Donald Trump, Biden, , ” Biden, , Trump’s, Trump, James Traub, Hubert Humphrey, Biden “, ” Traub, Isa Soares, Traub, He’s, Mary McGrory, that’s, Biden’s, afer, Biden —, Golda Meir, he’d, Benjamin Netanyahu’s, Sen, Bernie Sanders, Lyndon Johnson, LBJ, , CNN’s Christiane Amanpour, ” Sanders, can’t, Netanyahu, shelve, Sanders Organizations: CNN, Democratic National Convention, White, Foreign, Democratic, CNN International, Republicans, Trump, Electoral, Gaza Health Ministry, American, National Guard Locations: Gaza, Vietnam, America, Israel, Vermont, Gazan, Rafah, Southeast Asia
Gold subdued as traders ready for Fed rate verdict
  + stars: | 2024-05-01 | by ( ) www.cnbc.com   time to read: +1 min
Gold prices struggled for momentum on Wednesday as investors refrained from taking big positions ahead of a U.S. Federal Reserve policy decision that could offer for more cues on its rate-cut timeline. U.S. gold futures were down 0.2% at $2,298.30 per ounce. The Fed is expected to hold its benchmark interest rate steady at 5.25% to 5.5%. Gold is known as an inflation hedge but elevated interest rates reduce the appeal of holding the non-yielding asset. Among other metals, spot silver rose 0.2% to $26.32 per ounce and platinum inched up 0.2% to $935.10.
Persons: Edward Meir, Jerome Powell, Powell, Meir Organizations: U.S, Federal, Focus, Labor, Palladium
CNN —The $95 billion military aid package President Joe Biden signed Wednesday was a feat of tough-minded negotiation to get funding to Ukraine and Israel after months of congressional horse-trading. But if the aid inflates those countries’ war aims, it could discourage the kind of tough-minded negotiation that is the only way to end their wars. The new infusion of aid gives the US a lot of leverage with Ukraine and Israel. However, the recent aid package includes long-range missiles, or ATACMS, which suggests Ukraine is readying an offensive against Crimea. In Israel, putting conditions on military aid is a better idea.
Persons: Mark Hannah, Joe Biden, Mark Hannah Biden, Benjamin Netanyahu, , Mark Milley, , , Israel, Biden, George W, Bush, Putin, Ukraine’s, Biden judiciously, Netanyahu, Henry Kissinger, Golda Meir, Kissinger, ” Kissinger, Russia shouldn’t Organizations: Institute for Global Affairs, Eurasia Group, CNN, Wednesday, Joint Chiefs of Staff, Palestinian Authority, Abrams Tanks, Crimea, Israel, Twitter Locations: Ukraine, Israel, Crimea, Washington, Ukrainian, Russia, Gaza, United States, Kippur, Tel Aviv, Soviet
Gold smashes record again as U.S. inflation worries loom
  + stars: | 2024-04-03 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices extended a record run on Wednesday as concerns of rising inflation boosted demand for gold as a hedge, with bullion traders shrugging off doubts over an imminent U.S. interest rate cut and rising Treasury yields. Gold prices extended a record run on Wednesday as concerns of rising inflation boosted demand for gold as a hedge, with bullion traders shrugging off doubts over an imminent U.S. interest rate cut and rising Treasury yields. Spot gold was up 0.3% at $2,286.24 per ounce, as of 0406 GMT, and hit a record high of $2,288.09 earlier in the session. Data this week showed U.S. manufacturing unexpectedly rebounded, with the rise in raw materials prices triggering fears that inflation could resurge. "With commodity prices rising in general, it brings the risks of another round of inflation - so perhaps investors are hedging for inflation," Simpson said.
Persons: Bullion, Matt Simpson, Simpson, Edward Meir said Organizations: Index, Federal Locations: U.S, Ukraine, Asia
Joining the Haganah, Schwimmer discovered, wasn't as easy as just strolling through the door. "He felt he had to do his part in creating a Jewish state, so this could never happen again," Schwimmer recalled. Rather than melt down the surplus weapons for scrap, Liff told Greenspun to take as much as he wanted — free of charge. "It went against the grain to buck the same government we had fought to preserve only a few years before," Hank Greenspun recalled. In 2001, at the urging of Brian Greenspun, Schwimmer received a presidential pardon from Bill Clinton.
Persons: Danny Schwimmer, They'd, Rina, Al —, David Ben, Gurion, Al Schwimmer, Schwimmer, Bugsy Siegel's, Meyer Lansky, Frank Sinatra, Sinatra, , Boaz Dvir, Israel —, Danny, Al, I've, Hank Greenspun, Greenspun, Brian, Adolph, Dick Tracy, " Schwimmer, Wing Walker, America, Yehuda Arazi, Arazi, they'd, Schwimmer's, Sam Lewis, Leo Gardner, Milton, Milt, Rubenfeld, Paul Reubens, Herman, Reubens, Bugsy Siegel, Siegel, — Schwimmer, Nathan Liff, Liff, PhotoQuest, Bernarr McFadden, Pat, Ptacek, Rafael Trujillo, Teddy Kollek, Erwin Johnson, Bill Gerson, Gerson, Bud King, Gerson's, Ben, Joel Kimmel, Lewis, Lansky, hadn't, Tommy, Messerschmitts, David, Milt Rubenfeld, Israel, Charlie Winters, Winters, weren't, aren't, America's, Joseph McCarthy, John F, Kennedy, Brian Greenspun, Golda Meir, Bill Clinton Organizations: Israeli Air Force, TWA, Haganah, United Nations, Lockheed Air, Los Angeles Examiner, USC, Getty, US Naval, Schwimmer Aviation, FBI, UN, Customs Service, Palestine . Volunteers, Embassy, Israel, Service Airways, State Department, BI, Pepsi, Zionist, Nazi, Star, American, Avia, Messerschmitt, Pennsylvania State University who's, Las, Sun, Israel Aerospace Industries, IAI, they're, Israeli Locations: Tel Aviv, Israel, Connecticut, Palestine, New York, Copacabana, United States, Hungary, Auschwitz, storages, Arizona, Bridgeport, Rome, Burbank , California, Burbank, Las Vegas, Hawaii, Oahu, Santa Claus, California, Washington, Burbank ., Acapulco, Mexico, it's, Mexico City, Central, South America, Dominican Republic, China, America, Mexican, Panama, Panamanian, Corsica, Oklahoma, Detroit, Suriname, Brazil, Senegal, Casablanca, Sicily, Catania, Europe, Czechoslovakia, Czech, Egypt, Cairo, Los Angeles, American, Gaza, Iran
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