Gold surged to an all-time high of $4,035 per ounce on Wednesday as investors fled to safe-haven assets amid renewed political and economic turbulence in the United States. Key Takeaways: Gold hit a record $4,035 per ounce as investors sought safety amid the US government shutdown and market uncertainty. The metal has surged 30% since April, driven by Trump’s tariffs, a weaker dollar, and record inflows into gold ETFs. Analysts warn the rally could cool if the Fed raises rates, though expectations of ...

The ongoing US government shutdown (as of this writing) has created strange bedfellows of the various commodity complex sectors and markets early Monday morning. With the US dollar index firming overnight, all three Kings of Commodities were in the green to start the day and week. More News from Barchart Plug Power Stock is Up 287% Since This Insider Buy, and Here’s What PLUG Options Are Telling Us Now Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive m ...

By Leika Kihara TOKYO (Reuters) -With Sanae Takaichi set to become Japan's prime minister, advancing expansionist economic policies, chances have risen that the central bank will avoid raising interest rates this month, though the pause may not last if it batters the yen. Takaichi, likely to become Japan's first female leader next week after winning the presidency of the ruling party on Saturday, stood out in the race as the only proponent of big spending and loose monetary policy. Parliament is expecte ...

Core Insights - Current savings account rates are above the national average, but are declining due to recent Federal Reserve rate cuts [1][5] - High-yield savings accounts offer significantly better interest rates, with some reaching up to 4% APY [2][3] - Online banks typically provide the best savings rates due to lower overhead costs [4] Savings Account Rates - As of September 22, 2025, the highest savings account rate available is 4.25% APY from Poppy Bank [3] - The national average savings account rate is only 0.40%, while 1-year CDs average 1.70% [5] Importance of Comparison - It is crucial for consumers to compare rates across financial institutions to secure the best savings account [6] - Factors beyond interest rates, such as minimum balance requirements and customer service, should also be considered [7]

Fast Company Innovation Festival Ticket Giveaway—Enter now! LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Associated Press Listen to this ArticleMore info 0:00 / 0:00 U.S. employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over President Donald Trump's economic policies.The Labor Department said Friday that hiring decelerated from 79,000 in July and came in below the roughly 80,000 economists had expected for August. The unemployment rate ticked up to 4.3% ...

Core Insights - Kaspi.kz reported a 21% year-over-year increase in revenue and a 16% increase in net income for Q1 2025, excluding Türkiye [3] - Monthly transactions per active consumer reached 75, indicating strong customer engagement [3] - The company experienced a 23% increase in total payment volume (TPV) and a 17% increase in transactions within its Payments segment [3] Financial Performance - Payments revenue grew by 16% year-over-year, while net income in this segment increased by 21% [3] - Marketplace platform revenue grew by 33% year-over-year, significantly outpacing the 20% growth in gross merchandise volume (GMV) [3] - e-Grocery within the Marketplace saw a remarkable GMV increase of 64% year-over-year [3] Fintech and Credit Quality - The Fintech platform's total financing volume (TFV) grew by 17% year-over-year, with revenue growth of 18% attributed to healthy origination levels [3] - Macro-provisioning increased to 0.6% of cost of risk in Q1 2025, up from 0.5% in the same period in 2024, but underlying customer credit quality trends remain healthy [3] Strategic Developments - The acquisition of 65.41% of Hepsiburada was completed in January 2025, with an initial cash payment of $600 million and an additional $526.9 million due within six months [3] - A $650 million Eurobond was successfully placed to support expansion plans in Türkiye [3] - The company is in the process of acquiring Rabobank A.Ş. to launch deposit products and fund other financial services, pending regulatory approval [3] Market Conditions and Outlook - New smartphone registration requirements in Kazakhstan temporarily reduced demand, resulting in a 7% lower e-commerce GMV growth in Q1 [3] - The company expects around 15% consolidated net income growth year-over-year in 2025, a more conservative outlook compared to the previous guidance of 20% [3]

Core Viewpoint - Tesla stock has faced significant losses in early 2025 due to various bearish factors, including political uncertainty and declining vehicle deliveries [1][3]. Group 1: Market Conditions - President Trump's tariff policies have introduced uncertainty into financial markets, potentially affecting corporate profits [2]. - Disrupted supply chains, higher import costs, and retaliatory tariffs could further diminish earnings, while resurgent inflation may lead the Federal Reserve to raise interest rates [2]. Group 2: Company Performance - Tesla experienced its first year-over-year decline in vehicle deliveries in January, with earnings and revenues falling below analyst expectations during the last earnings call [3]. - Major Wall Street firms, including JPMorgan and Bank of America, have reduced their price targets for Tesla stock, and short-selling activity has increased [3]. Group 3: Political Influence - CEO Elon Musk's political involvement has negatively impacted Tesla's public perception, contributing to the formation of the Tesla Takedown movement, which is boycotting the company's products [4][8]. - The boycott began on February 3, with Tesla stock trading at $383.68, and by March 13, the price had dropped to $237.80, marking a 38.02% decline since the boycott started [7]. Group 4: Stock Performance - Year-to-date, Tesla stock has decreased by 41.12% in value, despite recent price target cuts [9]. - The average 12-month price forecast for TSLA shares is $347.59, indicating potential upside despite current challenges [9].