Author: Charlotte

(Kitco NewsWire) – Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Friday, after a stronger-than-expected May jobs report lifted Treasury yields, firmed the U.S. dollar and triggered heavy selling across precious metals. At the time of writing, spot gold was trading near $4,323.70 an ounce, down 3.39%, while spot silver was trading at $67.895, down 8.12% on the session.U.S. employers added 172,000 jobs in May, while the unemployment rate held at 4.3%. Leisure and hospitality added 70,000 jobs, local government added 55,000 and health care also gained, while financial activities employment declined by 22,000. The payrolls…

On June 4, Franklin Templeton launched the Franklin BSP CLO ETF (YCLO), an actively managed fund with an expense ratio of 35 basis points. YCLO invests primarily in investment-grade CLOs, while maintaining diverse exposure across U.S. and European markets. The fund aims to generate income through CLO interest payments while actively navigating relative value opportunities across the structured credit market. While the CLO ETF category has expanded rapidly in recent years, many offerings remain concentrated in a narrow segment of the market. Several of the largest funds focus primarily on AAA-rated CLO debt, emphasizing maximum credit quality but limiting flexibility…

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For most of its existence as a modern field of study since the 18th century, economics – the filter this newspaper bears in its title – has fared reasonably well at explaining consumer and producer behaviour. It explained why buyers choose the products they do, how firms produce them to maximise profit, and how markets discover the most efficient prices. This changed with the Great Depression, when aggregate variables came into play that needed a better understanding than an assumption that markets return to equilibrium after shocks. Thus came into existence macroeconomics, the most dismal aspect of the dismal science.…

The usual shorthand on T-Mobile (TMUS) is that it is the growth carrier in wireless. That is true, but too narrow. The stronger way to read T-Mobile now is as a company that keeps adding higher-value customer accounts, lifts revenue per account, and converts that relationship depth into cash flow and capital returns. Subscriber additions still matter, but they no longer tell the full investment case. Why T-Mobile should be read-through account growth and ARPA, not only subscriber counts In the first quarter of 2026, T-Mobile reported postpaid net account additions of 217 thousand, up 6% year over year, while…

This month, we’re reading two novels that wrestle with troubling episodes of political history in Ireland and Venezuela. Land: A Novel Maggie O’Farrell (Knopf, 400 pp., $32, June 2026) Maggie O’Farrell hardly needs an introduction after the extraordinary success of her 2020 novel, Hamnet. But if that book is known for its specificity, its ability to imagine the minutiae of William Shakespeare’s family life, her latest novel turns its focus outward, using one family to tell the tale of an entire nation. Land, by far O’Farrell’s most ambitious work, is an epic of Ireland, one that spans continents and millennia,…

Initial projects are planned in Malaysia, Belgium, and Romania, with additional locations under developmentSAN JOSE, Calif., June 5, 2026 /PRNewswire/ — GMI Cloud, a leader in AI-native GPU cloud infrastructure, today announced a strategic partnership with Magna AI Inc. to jointly architect, deploy and scale a global network of sovereign AI Factories (AIFs), with the initial wave of projects architected around NVIDIA Vera Rubin NVL72™. Magna AI, Inc. is a new sovereign AI company born from a partnership between Trend Micro™ and Wistron Digital Technology Holding Company (WDH). Collaborating with NVIDIA, the companies will build and deploy sovereign AI infrastructure, including AI…

⁣NIMA ALKHORSHID: Hi everybody, today is Thursday, September 11, 2025, and our friends Michael Hudson and Richard Wolff are back with us. Welcome back. ⁣RICHARD WOLFF: Glad to be here. ⁣NIMA ALKHORSHID: Richard, let’s start with what has happened in the United States, which somehow was shocking. Charlie Kirk was shot dead when he was talking at the university campus in Utah, if I’m not mistaken, talking to an audience. And the President of the United States came out and put the blame on the far left.  What’s going on in the United States today, in your opinion, that they…

RENO, Nev. (KOLO) – Nevada Attorney General Aaron Ford is warning of cryptocurrency kiosk scams.“One of the most important ways to protect yourself from scams is to stay informed — scammers are consistently changing their tactics to fool you in new ways,” said Attorney General Ford. “Scammers will use cryptocurrency kiosks to trick you into transferring money in an almost untraceable manner, making your money very difficult to recover. If a person asks you to use a cryptocurrency kiosk to transfer money, stop and consider if the interaction feels above board. When in doubt, follow your gut.”Ford says the kiosks are an increasingly popular way…

The well-trodden path of traditional investing promises a simple formula: contribute to a 401(k), buy broad-market index funds, and let compound growth work its magic. Yet for many, the magic never quite materializes. Instead, they face underwhelming results and the unnerving reality of being passive passengers in a volatile market. This widespread frustration is fueling a powerful demand for something more: systematic, data-driven strategies that operate beyond emotional bias and market noise. It’s this exact void that Chicago-based Vincere Portfolios was founded to fill, offering individual investors access to the kind of institutional-grade proprietary trading algorithms once reserved for the…