Gold rebounds to near ,350 despite Middle East tensions

Gold price (XAU/USD) recovers some lost ground to around $4,345 during the early Asian session on Monday. However, the potential upside for the precious metal might be limited amid ongoing tensions in the Middle East and expectations that the Federal Reserve (Fed) will keep interest rates unchanged. Reuters reported on Sunday that the Israeli military said that it intercepted waves of missiles fired from Iran for the first time since early April. Iranian officials said that…

Business

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Target recalls popular baby wipes after FDA finds potentially harmful bacteria

Target is recalling several Up & Up baby wipes products sold nationwide after testing identified potentially dangerous bacteria that could cause serious infections, particularly in infants and young children. According to a recall notice posted Friday by the U.S. Food and Drug Administration (FDA), Target is voluntarily recalling certain lots…

Markets

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Can America Make the Chip That Rules the World?

We got rare access inside Intel’s semiconductor operation in Oregon to see how some of America’s most advanced chips are made. As tensions with China rise, Washington is betting on Intel, the only American company that both designs and manufactures advanced chips in the US, to help rebuild domestic chipmaking.…

Investing

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