Job cuts in the United States observed a monthly slump of 205% and an annual one of 118% to reach 108,435 in January, Challenger, Gray & Christmas revealed in its report published on Thursday. The figure is the highest one registered for January since 2009, and the highest monthly one since last October. Most jobs, 31,243, …
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Iran’s military issued a warning to the United States on Thursday, stating that US bases in the region are vulnerable and within its operational reach. Army spokesman Amir Akraminia said US President Donald Trump “must choose between compromise or war.” Akraminia said the military is prepared for any scenario the “enemy” may choose, including war. He …
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Silver prices fell sharply after a brief rally, sliding back into negative territory amid heightened market volatility. The metal, which had climbed above $90 hours ago, gaining more than 6%, lost momentum as it retreated more than 14% to trade below $75. Silver fell 14.86% to $74.47 at 9:59 pm ET, while spot gold lost 2.55% …
Iranian Army Commander Major General Amir Hatami (pictured) on Saturday declared that Iran’s nuclear program “cannot be eliminated” despite pressure from the United States, AFP reported. Hatami also warned that Iran’s forces remain prepared to respond to any attack. “The nuclear science and technology of the Islamic Republic of Iran cannot be eliminated, even if …
Talks between Iran and the US were to resume in Turkey on Friday Source says Iran wants to restrict talks to nuclear file Kushner due to take part alongside Witkoff, second source says Iranian source says defensive capabilities are non-negotiable DUBAI/WASHINGTON, Feb 3 – Iran is demanding that talks with the U.S. this week be …
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Candle Stick Assholes Bitcoin slid sharply on Tuesday, dipping 5% to under $75,000, and Ethereum lost over 7% as markets reacted to news that US President Donald Trump had selected Kevin Marsh to be the next Federal Reserve Chair. Warsh is widely seen as more comfortable with tighter policy than investors were expecting. Concurrently, investors were …
The prices of oil futures jumped on Tuesday after it was reported that the United States has downed an Iranian drone in the Arabian Sea. According to a US official who allegedly spoke to Reuters, the military shot down an Iranian drone that came too near to USS Abraham Lincoln, a Navy aircraft carrier stationed …
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UBS SDIC Fund Management Co. changed the valuation model for the UBS SDIC Silver Futures Fund LOF to track global futures prices, leading to a record drop in its net asset value. The change was made to “timely and fairly reflect the true value in assets” as the previous model could not fully reflect the …
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Prices of precious metals rose on Tuesday, rebounding from yesterday’s losses, with gold soaring by more than 4%. Markets still reeled from last week’s volatile sessions that brought both gold and silver to their all-time highs amid tensions between the United States and Iran, after which the metals turned to losses as those tensions slightly subsided and as US President …
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Oil plunged as geopolitical risk premiums faded after US President Donald Trump said Washington is talking with Iran, while a broader commodities selloff exacerbated the slide. Brent plummeted more than 5% at one point and was trading near $66 a barrel, while US crude futures also nosedived. Trump downplayed Iran supreme leader Ayatollah Ali Khamenei’s threats of a …
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