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Gold slumps below ,750 as Middle East tensions and robust US Retail Sales weigh

Gold price (XAU/USD) attracts some sellers to around $4,720 during the early Asian session on Wednesday. The precious metal falls as renewed Strait of Hormuz disruption stokes inflation concerns. Bloomberg reported on Wednesday that US President Donald Trump will extend the ceasefire with Iran until talks between the two countries have progressed. Trump’s announcement struck a markedly different tone from earlier in the day when he said, “I expect to be bombing” if Iran didn’t meet…

Finance news

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Business

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Trump wants someone to buy Spirit Airlines amid second bankruptcy filing

President Donald Trump on Tuesday said he wants to see someone purchase Spirit Airlines, with the low-cost carrier facing headwinds as it looks to exit bankruptcy. Trump was interviewed on CNBC’s “Squawk Box” and said, “I don’t mind mergers” and suggested that could help resolve the issues Spirit faces.”You know,…

Markets

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Marketing to “a segment of one” is possible with AI, says Adobe’s enterprise CMO

Artificial intelligence creates “a culture of experimentation,” and gives marketers the power to quickly scale the innovative and creative work they do, said Rachel Thornton, chief marketing officer of Adobe’s enterprise business, in a video interview for CMO Insider. Loading audio narration… A major benefit is optimized personalization. Thornton said…

Investing

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