Category: Business

Gold Prices Fall as Traders Await Fed Rate Cut Cues

Gold prices fell on Friday and headed for a weekly decline, while investors awaited further cues to gauge the size of a potential US interest rate cut in September.

Spot gold was down 0.2% at $2,421.31 per ounce, after rising more than 1% on Thursday…

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US Stocks End Higher

US stocks ended higher at the end of the trading session on Tuesday.

The S and P 500 .SPX gained 9.26 points, or 0.16%, to end at 5,626.10 points, while the Nasdaq Composite .IXIC gained 29.82 points, or 0.17%, to 17,755.58.

The Dow Jones Industria…

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US aids Ukraine with USD 3.9 bln

The US announced USD 3.9 billion as direct aid to the Ukrainian government budget.

The financial aid will be delivered through the United States Agency for International Development (USAID), in coordination with the United States Department of the Tr…

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