Silver price (XAG/USD) has lost its nearly a 4.5% gain registered in the previous session, trading around $72.50 during the Asian hours on Wednesday. Silver prices came under pressure after the CME raised margin requirements on Silver futures, prompting leveraged traders to reduce positions as prices became technically stretched. Analysts…
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Here’s what you need to know on Wednesday, December 31st:The highlight of the day was the Federal Open Market Committee (FOMC) Minutes from the December meeting, released in the American afternoon. The Minutes showed that most participants are willing to deliver additional rate cuts if inflation declines over time. The document also showed that economic growth is projected to move modestly faster than at the October meeting.US Dollar Index (DXY) trades in the 98.20 price…
During the Cold War, the U.S. and the Soviet Union competed across nearly every arena,…
The Dow Jones Industrial Average (DJIA) sagged on Tuesday, declining around 100 points as equities…
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Andrej Karpathy has long been ahead.He was ahead of the AI boom, having worked as a founding member of OpenAI in 2015, long before competitors like Anthropic and xAI emerged. He also got into self-driving vehicles early, steering Tesla’s autopilot effort as its head of AI.Now, he says, “I’ve never…
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Saks could be the next department store to seek relief in bankruptcy court amid growing liquidity challenges. Saks Global Enterprises, the parent corporation of Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus, and Bergdorf Goodman, is weighing a Chapter 11 bankruptcy filing as they contend with mounting debt, people familiar…
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California is the US state with the most people moving out, with about 817,000 leavers between 2021 and 2022, according to the most recent census data.A higher cost of living plus the increased threat of wildfires have people choosing other places across the country.And while regular people ditch the Golden…
