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We're about to enter the Digital Dark Ages
  + stars: | 2024-10-15 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +11 min
Without laborious renaming, everything behind those links — billions of them, a decade of digital content — will become inaccessible. We're about to enter the Digital Dark Ages. The Department of Veterans Affairs is legally required to preserve all medical records for 75 years after the death of a vet — but it's having problems, in part because of a balky digital records system. "Over the long term, you can't preserve a digital object in its original form," says Manoff, the former MIT librarian. The Dark Ages, as historians used to call the early centuries of medieval Europe, lasted for 500 years.
Persons: Mark Graham, Graham, we're, Marlene Manoff, Loren McClenachan, McClenachan, we'd, Adam Rogers Organizations: Google, Companies, of Alexandria, New York Times, Pew Research Center, Gawker, Los Angeles Herald Examiner, New York Newsday, Paramount, MTV, Comedy, Yahoo Groups, Yahoo, Facebook, Penguin, AOL, Prodigy, Department of Veterans Affairs, Wayback, Wayback Machine, MIT Libraries, Scripps Institution of Oceanography, MIT, Business Locations: Friendster, Key West , Florida, Europe
Gold prices flat as investors await fresh impetus
  + stars: | 2024-10-15 | by ( ) www.cnbc.com   time to read: +2 min
Gold was flat on Tuesday as investors await fresh insights on the Federal Reserve's stance on U.S. interest rate reductions for further direction on bullion prices. Gold was flat on Tuesday as investors await fresh insights on the Federal Reserve's stance on U.S. interest rate reductions for further direction on bullion prices. "Gold prices have been surprisingly resilient, refusing to succumb to a stronger U.S. dollar and higher Treasury yields," IG market strategist Yeap Jun Rong said. Fed Governor Christopher Waller called for "more caution" on interest rate cuts ahead. While, Fed Bank of Minneapolis President Neel Kashkari said more rate reductions likely lie ahead for the U.S. central bank as the 2% inflation target looms into sight.
Persons: Yeap Jun Rong, Christopher Waller, Neel Kashkari Organizations: Fed, Fed Bank of Minneapolis, U.S, London Locations: China
An Orange County, California, man has been arrested in connection with acts of vandalism in which anti-Asian slurs that were spray-painted over campaign signs for Democratic congressional candidate Dave Min, who’s Korean American. It comes after reports of two separate incidents in which signs were spray-painted with an anti-Korean derogatory term. A video documenting the vandalism, that was posted on the Democratic candidate’s social media, shows the hate speech, written in silver paint, across a row of signs. Police said they first responded to a report of vandalism last Tuesday, when they found Min signs defaced with the offensive language. “The Huntington Beach Police Department takes vandalism seriously, particularly when it involves hate speech,” the police said in a news release last week.
Persons: Dave Min, Kevin Walker, Walker, Min, ” Min, Republican Scott Baugh, Nic Gerard, Scott, Baugh, Organizations: Democratic, Huntington, Huntington Beach Police Department, NBC, Orange County, Police, Republican, Los Angeles Times, Congressional District, Representatives, NBC News Locations: Orange County , California, Huntington Beach, Fountain Valley, Orange County, America, American, U.S
!”The happy couple’s news comes after they spent the summer supporting each other at the 2024 Paris Olympics. Finally, in 2018, Lyles and Bromfield went on a first date — but “it didn’t click,” Lyles said. Bromfield is a fellow medalist and has a law degreeBoth Lyles and Bromfield have medals. After the 2024 Paris Olympics, Lyles gushed about Bromfield in an interview on TODAY in August. After qualifying for the Paris Olympics in July, she told outlet The Inside Lane that advancing took a weight off her shoulders.
Persons: Noah Lyles, Junelle Bromfield, USA's Lyles, Jamaica's Bromfield, Bromfield, “ Will, ” Bromfield, Lyles, , , Lily Collins, ” Taylor Lautner, emoji, Coco Gauff, I’m, , , ” Lyles, couldn’t, “ I’m, It’s, they’ve, Lyles gushed, TODAY’s Craig Melvin, She’s, she’ll, They’ve, Instagram, clapped, it’s, I’ve Organizations: GO, Team USA, DMs, Jamaica, University of Technology, Sprint, Netflix, Paris, Paris Olympics Locations: Jamaica, Lyles, Bromfield, Kingston , Jamaica
She went on to open a hawker stall selling prawn noodles, which later expanded into a casual eatery. When Dave Pynt, the chef-owner of Australian-inspired barbecue restaurant Burnt Ends, visited her school for a guest lecture on wood-fire cooking, she was intrigued. Shifting the focus to local cuisineA bowl of prawn noodles costs between SG$14 to SG$20 at Zhup Zhup. A hawker stall seemed like the perfect sandbox to test her ideas without spending a lot on overhead costs. The challenges of running a hawker businessThree years in, the hawker stall had just managed to earn back its capital.
Persons: Gwyneth Ang, Ang, , she's, Erin Liam, Dave Pynt, hawker, Erin Liam So, pao, Darren Ang, Pynt, Erin Liam Singapore's, Teo Kay Key, Cherry Tan, Shanice Lim, nasi, Lim Organizations: Michelin, Service, Business, Culinary Institute of America, hawker, Department of Statistics, Institute of Policy Studies, National University of Singapore, Singapore Airlines Locations: Singapore, New Bahru, hawker, Macpherson, Pynt
Gold dips on firmer dollar; attention on Fed cues
  + stars: | 2024-10-14 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices eased on Monday, weighed down by a firmer U.S. dollar, while investors looked out for fresh clues on Federal Reserve interest rate cuts. Spot gold fell 0.2% to $2,651.99 per ounce by 0252 GMT after rising 1% in the previous session. The dollar index rose 0.1% on Monday, not far from a near two-month high hit last week. Traders see a roughly 89% chance of the Fed cutting rates by 25 basis points at its November meeting, and an 11% chance it will leave rates unchanged. Meanwhile, investors will watch out for comments from Fed officials this week for more hints on upcoming rate cuts, along with U.S. retail sales data.
Persons: Tim Waterer, Waterer Organizations: KCM Trade, Traders Locations: China
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . An alcoholic, I thought, if I thought about it at all, was a man lying drunk in the street. I could see myself in everything I read about alcoholism, and I could see the road ahead if I did not stop drinking. AdvertisementI loved that meeting, and I thought I would go home and have a drink and think about it. Being sober has been the key to every day of every year since that first momentous AA meeting.
Persons: Cornelia Maude Spelman, , I'd, Mother, she'd, hadn't, Cornelia Organizations: Service, Anonymous, AA Locations: Manhattan, New Hampshire, Vermont
For God, for country, for rain
  + stars: | 2024-10-14 | by ( Jessica Lucas | ) www.businessinsider.com   time to read: +24 min
It's 9:30 a.m., and Augustus Doricko, the mulleted 24-year-old founder of the cloud-seeding company Rainmaker, is clutching a coffee. There's a long way to go before cloud seeding becomes a viable option for solving one of humanity's many self-made crises. El Segundo, population 17,272, has long been a bastion of American engineering, home to aerospace and defense giants like Boeing and Raytheon. Jett Lara for BIThe burning happens every Friday around 8 p.m. at a bonfire on El Segundo Beach. One of Doricko's goals is to build a church in El Segundo to "share the grace of God with other people."
Persons: Augustus Doricko, Bruno Mars, Doricko, Jessica, I'd, Jesus, He'd, that's, Rainmaker, Lauren Sánchez, Jett Lara, Billy Ray Cyrus, God, Augustus Doricko Doricko's, Cameron Schiller, Augustus, Schiller, El, That's, it's, El Segundo, Elon Musk, Isaiah Taylor, Doricko's, Taylor, Rob Coutts, , Jesus of Nazareth, Zer, he'd, Jason Flynt, Flynt, Terra, Michael Gibson, Sarah Tessendorf's, messaged Gibson, Michael, Gibson, Thiel, Peter Thiel, I'm, Katja Friedrich, Friedrich, Friedrich isn't, Jonathan Jennings, Kaitlyn Suski, dumbbells, Jackson Schultz, Elijah, birdsong, Schultz, We're, coffees, Mankind Organizations: MGM, Association, Aspen Ideas, Global Initiative, BI, El, Boeing, Raytheon, Space Industries, Chevrolet, Stamford Yacht Club, New Zealand, University of California, BI Doricko, drillers, Terra Seco, Thiel Foundation, Terra, tech's, Weather Locations: Vegas, Tennessee, El Segundo, Los Angeles, America, Silicon, Santa Clarita, Rainmaker, Beijing, Colorado, California, Smoky, El Segundo Beach, North Carolina, Texas, Stamford , Connecticut, New, Costa, Berkeley, Christianity, Fort Worth , Texas, Terra Seco, drawdowns, Lake Mead, Las Vegas, Phoenix, Juul, Fresno, San Jose, Dubai, UAE, Midwest, West Texas, New Mexico , Arizona , Nevada, Amsterdam, Milan
He’s lived through many storms in his 30 years on Longboat Key, but Bob Parrish said he’s never before seen the level of destruction that Hurricane Helene blew into town a little more than two weeks ago. It also brought a double whammy of destruction from two major hurricanes to a string of islands and their residents who were still rebuilding from Hurricane Ian in 2022. Honestly, I only cried a little bit after Milton because I cried so much after Helene. Even before Helene and Milton brought the one-two punch, Rodocker was still reeling from Hurricane Debby’s path of destruction in August. “It was like a right, a left and an undercut.”Marco Island, seen here on Sept. 26, was badly flooded by Hurricane Helene.
Persons: He’s, Bob Parrish, he’s, Helene, Milton —, Mary, what’s, “ We’ve, ” Parrish, , Angela Rodocker, Anna Maria Island, , ” David Farrar, everybody’s, Farrar, Milton, ” Rodocker, Maria Island, Rodocker, Marco, Hurricane Helene, Scott Schilke, Bradenton Beach Mayor John Chappie, ” Chappie, Chappie, Mike Norman, Norman, ” Amy Ace Lance, Hurricane Milton, Thomas Simonetti, John Lai, ” Lai, Ian, Rod Nibert, Parrish —, cancer —, Parrish Organizations: NBC, Island Estates, Silver Resorts, AP Residents, Bradenton Beach Mayor, Florida Department of Transportation, Bradenton Beach, Hurricane, Washington, Getty Locations: Lakeland, Sarasota, Hurricane, Island, Clearwater, Bradenton Beach, , , Sanibel, Cape Coral, Charlotte County, Orlando
In April this year, she became the only South Korean shooter to qualify in two events for the Paris Olympics – 10-meter air pistol and 25-meter pistol – after finishing second in both events in the Korean national trials. Kim finished with 241.3 points, falling 1.9 points short of Oh, but she remembers it as “a very happy moment. Since Kim took up shooting, South Korea has seen several heroes in the sport, such as Jin Jong-oh, who won four golds and two silvers across five Olympics, and Kim Jang-mi, who won a gold at the 2012 London Olympics. At the Paris Olympics, South Korea won the most shooting medals at the Games in the country’s history with three golds and three silvers. “Just wait, mommy will win the gold,” Kim promised.
Persons: Kim Ye, , Kim, , Charlie Miller, CNN Kim, Kwak Min, Kwak, He’s, Charles McQuillan, Oh Ye, It’s, refocusing, ” Kim, Louis Vuitton, Elon Musk, Alain Jocard, “ I’m, Jin Jong, Kim Jang, mommy Organizations: CNN, CNN Sport, Banners, South, Office, Paris Olympics, Korean, Paris, Games, Givenchy, Getty, South Korea Locations: North Jeolla Province, Seoul, Imsil, South Korean, Baku, Azerbaijan, Paris, South Korea, Asia, AFP, India
Kemo Sabe in Jackson, Wyoming, customizes high-end Western hats that cost up to $895. Kemo Sabe started in Aspen, Colorado, in 1990 and has since become well known for its high-end Western hats. Celebrities and icons, from Rihanna to Shania Twain and the Kardashians, have all been spotted wearing Kemo Sabe hats. Although Stetson makes hats that cost thousands of dollars, Kemo Sabe only sells less expensive Stetson hats that are pre-molded. The Kemo Sabe hats they sell are more expensive.
Persons: Kemo Sabe, Rihanna, Shania Twain, , Kristen Carelas, Joey Hadden, You've, Carelas, Sabe, we'll, — Stetson, Kemo, Stetson, Taylor Swift, Taylor, They're Organizations: Service Locations: Jackson , Wyoming, Aspen , Colorado, Colorado , Montana , Texas , Utah, Jackson
Plus, "Meet the Press" moderator breaks down the polling numbers behind Barack Obama's stern message to Black voters. Former President Barack Obama came to Pittsburgh on Thursday with a stark warning for Black men to step up their support for Harris. The survey found that men under the age of 50 were the most likely subgroup of Black voters to back Trump over Harris. While Harris had a 78-point lead among Black men over 50, the number drops to about 50 points with Black men under 50. Bottom line: This is the first time we have heard this powerful and direct plea from the nation’s first Black president to other Black men.
Persons: Ryan Nobles, Frank Thorp, Donald Trump's, Sen, Jon Tester, Barack, Tim Combo, , , Donald Trump, Republican Tim Sheehy, Kamala Harris, I’ve, , Montana’s, Tester, Trump, Read, Ryan, Frank →, Bridget Bowman, Sam Brown, Democratic Sen, Jacky Rosen, Bridget →, Kristen Welker, Barack Obama, Harris, ” Obama, “ You’re Organizations: NBC, White House, Capitol, Capitol Hill, Montana Senate, Western States Carpenters, Democrat, Republican, Navy SEAL, Trump, Democrats, Montana’s Trump, Senate, GOP, Democratic, Howard University Initiative, Black Locations: Montana, Mont, Butte, Nevada, Las Vegas, Pittsburgh
After a decade of unfulfilled promises about driverless vehicles, Tesla CEO Elon Musk hyped the company’s Cybercab concept on Thursday night, showing off a low, silver two-seater with no steering wheels or pedals. Musk offered no details about exactly where Tesla plans to produce the cars, but said consumers would be able to buy a Tesla Cybercab for below $30,000. He said the Cybercab and Robovan would employ inductive charging, meaning these autonomous vehicles could roll up to a station to recharge, with no plugging in required. Musk has spent years touting Tesla’s work in autonomous cars and promising that they would hit the market. In 2015, Musk told shareholders that Tesla cars would achieve “full autonomy” within three years.
Persons: Elon Musk, Musk, Tesla, “ It’s, ” Musk, , Organizations: Tesla, Warner Bros, FSD Locations: Burbank , California, Texas, California, U.S
Elon Musk just unveiled Tesla's Robotaxi at the company's "We, Robot" event in Los Angeles. Elon Musk showed off Tesla's upcoming driverless taxi at its "We, Robot" on Thursday evening. Musk walked into the event and entered a sleek-looking silver Robotaxi, a two-door vehicle that opened upward with butterfly-style doors. The unveiling of Tesla's latest vehicle is a major milestone for the company and has been highly anticipated for years. In 2016, Musk said during a press call that a Tesla vehicle would autonomously drive from Los Angeles to New York City by 2017.
Persons: Elon Musk, , Robotaxi, Tesla, Musk, Optimus, Uber Organizations: Service, Warner Bros, Elon, Twitter, Traffic, Administration Locations: Los Angeles, Burbank , California, California, Texas, York, New York City
The most luxurious experience of them all, however, could be found in the dining car. The latter was the first train car to offer on-board meals, including regional specialties like gumbo, which were prepared in a 3-foot-by-6 foot kitchen. By the 1870s, dining cars could be found on sleeper trains across North America. But this decentralized production model also contained the seed of dining car’s ultimate demise. And despite a revival of interest in train travel on the continent, dining cars (or certainly those equipped with kitchens) are now largely the preserve of tourist services.
Persons: , impeccably, Henri Opper de Blowitz, Francois Guillot, Graham Greene, Agatha Christie, Charles Dickens, George Pullman, , Pullman, Georges Nagelmackers, Arthur Mettetal, , René Prou, glassmaker, ” —, Mettetal, ” Mettetal Organizations: CNN, Orient Express, Gare de, Getty, New, Compagnie Internationale des, Orient, Nord, Express, , Pullman, Deco, Italy —, Bettmann, SNCF, Documentation Department Locations: Gare, Gare de l’Est, Paris, Europe, Constantinople, Istanbul, AFP, Britain, America, New York, North America, Belgian, Saint Petersburg, Lisbon, France, North Africa, East, London, Vichy, Switzerland, Italy, Toulouse
Shares of electric vehicle maker Tesla sank after the company's long-awaited robotaxi event — where CEO Elon Musk unveiled the firm's Cybercab self-driving concept car — failed to impress investors. Musk revealed Tesla's Cybercab concept vehicle — a low, silver two-seater, has no steering wheels or pedals — on Thursday night. The Tesla boss said the company hopes to be producing the Cybercab before 2027, but offered no details on where the cars will be manufactured. He said consumers would be able to buy a Tesla Cybercab for a price tag under $30,000. FSD, which stands for Full Self-Driving, is Tesla's premium driver assistance system, available today in a "supervised" version for Tesla electric vehicles.
Persons: Tesla, Elon Musk, Musk, CNBC's Lora Kolodny, Michael Bloom Locations: Texas, California
Gold drifts higher after data supports U.S. rate-cut bets
  + stars: | 2024-10-11 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices climbed on Friday after recent data supported bets for a Federal Reserve interest rate cut next month, while market participants awaited the U.S. Producer Price Index report for further direction. Spot gold rose 0.5% to $2,641.70 per ounce by 0245 GMT but was down about 0.4% for the week. Data on Thursday showed that U.S. consumer prices rose slightly more than expected in September, while jobless claims increased to 258,000 in the week ended Oct. 5, versus estimates of 230,000. "Gold is seeing short-term gains as recent data has been positive. If the PPI data comes in softer, gold's momentum could continue upward," said Kelvin Wong, OANDA's senior market analyst for Asia Pacific.
Persons: Price, Kelvin Wong, OANDA's, CME's Organizations: Federal, PPI, Asia Locations: Tokyo, Japan, CME's FedWatch, Beirut
The Democratic National Committee has launched an "informational campaign" that includes bilingual billboards across the city ahead of Vice President Kamala Harris’ Univision town hall in Las Vegas on Thursday night. The campaign directs Latino voters and union members to check their registration status and look at options on how to cast their ballots through IWillVote.com and VoyAVotar.com. The majority of U.S. labor unions have endorsed Harris though many union members support Trump. “Nevada’s Latino and union voters have the power to decide who wins the Silver State in November,” DNC spokesperson Marco Frieri said in a statement. Latino voters are a critical voting bloc and can swing outcomes in battleground states across the country including Nevada, Arizona and Pennsylvania.
Persons: Kamala Harris, El Sol, Harris, Donald Trump, , Marco Frieri, ” Harris, Trump, George W, Bush, Barack Obama, Hillary Clinton, Joe Biden Organizations: Democratic National Committee, Univision, DNC, NBC News, VoyAVotar.com, Trump, Union, State, CNN, Democrats, Telemundo, CNBC Locations: Las Vegas, El, Nevada, IWillVote.com, U.S, Miami, Hurricane Milton, Nevada , Arizona, Pennsylvania
Teaming up against antisemitism: Sports icons unite against hate
  + stars: | 2024-10-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTeaming up against antisemitism: Sports icons unite against hateRobert Kraft, New England Patriots owner and Kraft Group CEO, NBA Commissioner Adam Silver and National Women’s Soccer League Commissioner Jessica Berman join 'Squawk Box' to discuss the new ad campaign by Robert Kraft's Foundation to Combat Antisemitism, unifying athletes across major sports leagues in the fight against antisemitism and hate.
Persons: Robert Kraft, Adam Silver, Jessica Berman, Robert Kraft's Organizations: Robert Kraft , New England Patriots, Kraft Group, Women’s Soccer League, Robert Kraft's Foundation, Combat Locations: Robert Kraft ,
Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said. They worked together at Yahoo Sports before becoming rivals, only for Charania to eventually take over for Wojnarowski at ESPN. Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said.
Persons: Alex Sherman, Shams, Adrian Wojnarowski, Charania, FanDuel, Jimmy Pitaro, It's, Pat McAfee, Wojnarowski, I'm, Jim Rome, I've, he's, that's, He'll, I'd, Adam Silver, Bob Kraft, Jessica Berman, CNBC's Jessica Golden, Craig Kilborn, Colin Neville, Jim Ratcliffe, Joe Tsai, Colin, Neville, dealmaking, We've, CNBC's Contessa Brewer, Jim Allen, Adam Greenblatt, isn't, Tiger Woods, Tigeraire, Woods, CNBC's Lillian Rizzo, Rudy, Rudy Ruettiger, Kevin Mayer, Tom Staggs, Read, Yahoo's Ross Dellenger, we've, Woody Johnson, Woody Johnson —, Johnson, Robert Saleh, Derek Jeter, Shams Charania, Raine Organizations: CNBC, ESPN, FanDuel TV, The, ESPN TV, Worldwide, Sports, NBA, Yahoo Sports, Wojnarowski, Yahoo, I'm, NFL, Miami Dolphins, Buffalo Bills, Los Angeles Chargers, Dolphins, New England Patriots, National Women's Soccer League, Chelsea Football Club, Manchester United, Brooklyn Nets, Premier Lacrosse League, Youth, NCAA, UFC, CNBC Sport, Rock, Seminole Gaming, U.S . Patent, Sun, QVC, Notre Dame, Disney, Candle Media, SEC, Big Ten, ACC, Jets, Apple, Hollywood, Diamond Sports Group, Bally Sports, Wildcats, College Football, Sinclair, Raine Group Locations: Raine, DraftKings, U.S, Las Vegas, Florida, Tigeraire, Northwestern
After a decade of unfulfilled promises about driverless vehicles, Tesla CEO Elon Musk hyped the company's Cybercab concept on Thursday night, showing off a low, silver two-seater with no steering wheels or pedals. Musk offered no details about exactly where Tesla plans to produce the cars, but said consumers would be able to buy a Tesla Cybercab for below $30,000. FSD, which stands for Full Self-Driving, is Tesla's premium driver assistance system, available today in a "supervised" version for Tesla electric vehicles. Musk also revealed plans to produce an autonomous, electric Robovan that can carry up to 20 people, or be used to transport goods. He said the Cybercab and Robovan would employ inductive charging, meaning these autonomous vehicles could roll up to a station to recharge, with no plugging in required.
Persons: Elon Musk, Musk, Tesla Organizations: Tesla, Warner Bros, FSD Locations: Burbank , California, Texas, California
Gold ticks up, U.S. inflation data in focus
  + stars: | 2024-10-10 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices nudged higher on Thursday, while traders await a key U.S. inflation data due later in the day to gauge the Federal Reserve's future monetary policy stance. Spot gold rose 0.2% to $2,614.00 per ounce by 0246 GMT, after easing for the previous six sessions. The U.S. Consumer Price Index for September is due at 1230 GMT and Producer Price Index data on Friday. Markets see an 80% chance of a 25-basis-point Fed rate cut in November. Dallas Fed Bank President Lorie Logan called for gradual cuts and said that the U.S. central bank should not rush.
Persons: Price, Ilya Spivak, Spivak, Mary Daly, Lorie Logan, Israel's Organizations: U.S, Consumer, Treasury, Fed, San Francisco Fed Bank, Dallas Fed Bank Locations: U.S, Iran
CNN —The chance to win an NBA title doesn’t come around very often. Even when they do, injury misfortune can instantly derail a team’s title dream. That’s why Nuggets head coach Michael Malone said he “never” takes Jokić’s “greatness” for granted as the pair attempt to retake their NBA crown. The MVPs, the championship, he’s still the same guy. “You have the highest victory, first franchise championship in 47 years.
Persons: doesn’t, Nikola Jokić, , Jokić, , Michael Malone, , Ronald Martinez, ” Malone, CNN’s Bijan, I’ve, Nikola, Steph Curry, LeBron James, Russell Westbrook, he’s, He’s, Jaylen Brown, Larry O’Brien, Peter Casey, Westbrook, Dario Šarić, Malone, , wouldn’t, team’s, Adam Silver, ” Silver, “ We’ve, Joe Dumars –, Fadel Senna, Holiday, that’s Organizations: CNN, Denver Nuggets, Nuggets, Minnesota Timberwolves, NBA, Boston Celtics, of Famer, Dallas Mavericks, USA, Reuters, Western Conference, West, Celtics, Getty Locations: Serbian, Abu Dhabi, AFP, Boston
Gold lacks momentum as investors brace for Fed minutes
  + stars: | 2024-10-09 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices slipped on Thursday as investors booked profits after a sustained rally and pressure from institutional investors looking to raise cash, while focus shifted to U.S. economic data for clues on the Federal Reserve's rate path. Gold prices were subdued on Wednesday as investors strapped in for minutes from the Federal Reserve's latest policy meeting for insights into the U.S. central bank's interest rate trajectory. "Gold prices seem to be seeing a much-needed retracement lower. Boston Fed President Susan Collins said on Tuesday that weakening inflation trends make it likely the U.S. central bank can implement further interest rate cuts. Zero-yield bullion tends to thrive in a low interest rate environment.
Persons: I'm, Matt Simpson, Simpson, Susan Collins Organizations: Federal, Index, Traders, U.S . Consumer, Boston, Gold Locations: U.S, North America
SKIP AHEAD Best Prime Day kitchen deals | More Prime Day kitchen sales | Best kitchen sales at other retailers | How I picked the best kitchen deals | Why trust NBC Select? Best Prime Day kitchen deals4.7-star average rating from 1,275 reviews on AmazonLowest price in three monthsNinja makes some of the best air fryers on the market, including this multifunctional option with buttons on the front that let you easily control its settings. Best Prime Day kitchen salesHere are the best Prime Day kitchen sales to know about. Best kitchen sales at other retailersCrate & Barrel: Up to 20% espresso and coffee machines from Breville, Cuisinart, KitchenAid and Miele. Target: Target Circle Week deals kitchen appliances Walmart: Up to 30% off on kitchen appliancesHow I found the best Prime Day kitchen dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting.
Persons: I’ll, Ninja, fryer, Chefman, cappuccinos, TikTok Organizations: NBC, Big Deal, Wellness, Bath, Giftable Tech, Deal, Facebook, Twitter
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