Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Spot gold added 0.6% to trade at $2,245.79 per ounce. U.S. gold futures rose more than 1% to trade at $2,266.39 per ounce. “I think it’s a really exciting moment in gold,” said Joseph ...
Two men pleaded guilty on Wednesday to insider trading in securities in the company that ultimately took former U.S. President Donald Trump’s media business public. Michael Shvartsman, 53, head of Miami-based venture capital firm Rocket One Capital, and his brother Gerald Shvartsman, 46, each pleaded guilty to one count of securities fraud before U.S. District Judge Lewis Liman in Manhattan. Rocket One’s ...
Disney CEO Bob Iger on Wednesday fended off an aggressive challenge by activist investors seeking to take the company in a new direction, averting what would have been a stunning embarrassment for one of Hollywood’s leading executives. The entertainment conglomerate’s corporate leadership was facing a bold attack from billionaire activist investor Nelson Peltz, who loudly pushed the company to come ...
After apologizing last month for a new relationship that angered some particularly animated fans, K-pop star Karina is once again single – highlighting the long-standing challenges of dating in the fervid fanspace of Korean entertainment. Karina, of the girl group Aespa, and actor Lee Jae-wook have broken up after going public five weeks ago, according to South Korean news agency ...
At least 29 people have died in a blaze which started during daytime repair work at a nightclub in Istanbul, Turkey, state media reported Tuesday. A further eight people were injured, with seven of those in serious condition, the Istanbul governor’s office said. The governor’s office said the fire started in the Besiktas district in central Istanbul on the European ...
The Palestinian Authority is again requesting membership in the United Nations, according to a post on X from the Palestinian permanent observer mission to the UN on Tuesday. “Today, the State of Palestine, and upon instructions of the Palestinian leadership, sent a letter to the Secretary General requesting renewed consideration to (our) membership application,” the post read. The post included ...
Ancient glass sponges. A Barbie-pink sea pig sauntering along the seafloor. A transparent unicumber hovering in the depths. These wonders are just an initial snapshot of fantastic creatures discovered 1,640 miles (5,000 meters) beneath the surface of the Pacific Ocean in a pristine area that’s earmarked as a site for deep-sea mining of critical and rare metals. The natural resources ...
Eight Chinese migrants have been found dead on the coast of southern Mexico, authorities said, after their boat capsized along a popular but perilous route for illegally entering the United States. The bodies of the seven women and one man were discovered Friday on a beach in San Francisco del Mar, Oaxaca, the state’s prosecutor’s office said in a statement. Treacherous boat rides ...
A mayoral candidate has been assassinated and three others injured in a shooting in the Mexican city of Celaya, in the latest violence to mar the run-up to the country’s looming general election. Bertha Gisela Gaytán, a mayoral candidate for Celaya, died on Monday after being shot while campaigning in the community of San Miguel Octopan, the Guanajuato state prosecutor’s ...
Israel’s Prime Minister Benjamin Netanyahu has vowed to shut down news network Al Jazeera following the passage Monday of a sweeping law allowing the government to ban foreign networks perceived as posing a threat to national security. Netanyahu said he intended “to act immediately in accordance with the new law” to stop the Qatari-based news outlet’s activity in the country, according to ...