WASHINGTON (Reuters) - The U.S. federal government closed the 2018 fiscal year $779 billion in the red as tax cuts hit revenues and the government paid more to service a growing national debt, according to Treasury Department data released on Monday.The deficit for the fiscal year - or the 12 months through September - was the largest since 2012.The data also showed a $119 billion budget surplus i...Read More
Oct 16 (Reuters) - Global miner Rio Tinto Ltd said its third-quarter iron ore shipments fell about 5 percent, hurt by planned maintenance and safety pauses across all operations following a fatality.Shipments from its Australian mines fell to 81.9 million tonnes in the third quarter compared with 85.8 million in the same period a year ago, the miner said, snapping four consecutive quarters of incr...Read More
Mike Gleason: It is my privilege now to welcome in Dr. Stephen Leeb, Chief Investment Officer at Leeb Capital Management. Dr. Leeb has decades of experience in the financial markets and has even authored seven well regarded books, including best sellers The Coming Economic Collapse: How to Thrive When Oil Costs $200 a Barrel, and Game Over: How to Prosper in a Shattered Economy. He's also the...Read More
NxGold Ltd. (TSXV:NXN) (Read full newsRead More
The world's biggest miner BHP on Tuesday upped its share in SolGold Plc, bolstering its position against top shareholder Newcrest Mining as it eyes SolGold's promising Cascabel copper-gold project in Ecuador.Under the deal, SolGold will issue a 100 million shares to the company, raising its stake to 11.2 percent from 6.0 percent.BHP has agreed to pay 45 pence per SolGold share, which is offered at...Read More
The world's biggest miner BHP on Tuesday upped its share in SolGold Plc, bolstering its position against top shareholder Newcrest Mining as it eyes SolGold's promising Cascabel copper-gold project in Ecuador.Under the deal, SolGold will issue a 100 million shares to the company, raising its stake to 11.2 percent from 6.0 percent.BHP has agreed to pay 45 pence per SolGold share, which is offered at...Read More
The world's biggest miner BHP on Tuesday upped its share in SolGold Plc, bolstering its position against top shareholder Newcrest Mining as it eyes SolGold's promising Cascabel copper-gold project in Ecuador.Under the deal, SolGold will issue a 100 million shares to the company, raising its stake to 11.2 percent from 6.0 percent.BHP has agreed to pay 45 pence per SolGold share, which is offered at...Read More
NEW YORK (Reuters) - The U.S. dollar dipped on Monday after retail sales data for September missed economists’ expectations, and as benchmark U.S. Treasury yields consolidated after hitting seven-year highs last week.U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two years.Retail...Read More
MUMBAI (Reuters) - Amazon’s investment in an extensive delivery network, and offering installation services and monthly payment plans, helped make large appliances a major category during its annual festive sale, the head of its Indian business said on Monday.The bulk of orders for goods such as washing machines and refrigerators came from India’s smaller towns and cities, said Amit Ag...Read More
"Initial Prospecting at Pacton's (@PactonGold) (#TSXV: $PAC // #OTC: $PACXF) Friendly Creek in the Egina Area of the Pilbara Identifies #Gold Nuggets [https://t.co/luunpRaC8f]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #investments #mining"Read full newsRead More
OTTAWA (Reuters) - Mexican Economy Minister Ildefonso Guajardo on Monday discussed his concerns about new Canadian tariffs on steel during a call with Foreign Minister Chrystia Freeland, a Canadian government source said.Guajardo said last week he rejected Canada's move to impose new quotas and tariffs on imports of seven categories of steel from many countries, including Mexico.Reporting by David...Read More
NEW YORK (Reuters) - JP Morgan & Chase Co (JPM.N) Chief Executive Jamie Dimon and Ford Motor Co (F.N) Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi.The cancellations could add pressure on other U.S. firms like Goldman Sachs Group Inc (G...Read More
Gold futures rose Monday to settle at their highest since late July as benchmark stock indexes mostly declined and a leading dollar index weakened. December gold GCZ8, -0.31% rose $8.30, or 0.7%, to settle at $1,230.30 an ounce. That was the highest finish for a most-active contract since July 31, according to FactSet data. Meanwhile, December SIZ8, -0.24% silver rose 9.2 cents, or 0.6%, to $14....Read More
(Kitco News) - Scientists backed by the U.S. Army have developed a new gold-silver alloy that would lighten U.S. military’s devices as well as make them more powerful, according to a new study.The new alloy comes from the U.S. Army Research Laboratory — completed in conjunction with the University of Maryland and Brazil's Paulista State University.The discovery opens doors for lighter...Read More
Gold has been surging as traders seek safe-haven assetsGold prices have been climbing, as investors seek out safe havens amid the recent surge in stock market volatility. After gaining 1.4% last week, December-dated gold futures are up again today, last seen 0.7% higher at $1,230.30. Against this backdrop, options volume is accelerated on the SPDR Gold Shares (GLD), the VanEck Vectors Gold Miners...Read More
"Invictus (@Invictus_MD)(#TSXV: $GENE // #OTCQX: $IVITF) announces OptionCo has received its license to cultivate[https://t.co/WY79FhcjNd]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #cannabis #marijuana #cannabisdaily"Read full newsRead More
"PreveCeutical (@Preveceuticals) (#CSE: $PREV // #OTCQB: $PRVCF) to Visit Penta 5 Group's Packaging Facility for Due Diligence on Proposed Acquisition [https://t.co/LONORHzOaQ]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments"Read full newsRead More
"BMW Group, Northvolt and Umicore join forces to develop sustainable life cycle loop for batteries https://t.co/FEZmbQYtVf via @northvolt"Read full newsRead More
"YELLEN: INVERTED YIELD CURVE A GOOD RECESSION SIGNAL IN PASTYELLEN: THIS TIME MIGHT BE DIFFERENT ON YIELD CURVE SIGNAL"Read full newsRead More
CGC is on pace for its highest close everSeveral cannabis-related stocks are higher today, ahead of the Oct. 17 legalization of recreational marijuana in Canada. In addition, Canopy Growth Corp (NYSE:CGC) stock is flying high -- and attracting option bulls -- on M&A news, and Cronos Group Inc (NASDAQ:CRON) shares are higher after inking a notable partnership.CGC Option Bulls Emerging Ahead of Big...Read More