The price of gold changed in surprising ways in March, giving investors much to consider heading into April. Getty Images/iStockphoto Investors who assumed that the price of gold would continue to grow unimpeded ran into some unexpected news in March – the price actually fell. And it wasn’t a marginal decline, either. Priced at $5,312.10 … Read more
CARACAS, Venezuela — Venezuela’s acting President Delcy Rodríguez preached of lucrative long-term opportunities in her resource-rich country at a Saudi-backed investment summit on Wednesday, offering a window into how Venezuela’s government is trying to lure investors to its oil sector. Addressing the Miami summit from Venezuela, Rodríguez presented a reformed industry — one that has … Read more
NEWYou can now listen to Fox News articles! A startup putting high-tech collars on cows could soon be worth more than $2 billion, as investors bet the technology could help farmers cut costs and cope with labor shortages. Halter, a New Zealand-based company, is in talks to raise new funding in a deal expected to … Read more
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors. The civil trial … Read more
The fog from the Iran war is obscuring the Federal Reserve’s view of the U.S. economy. Investors were rattled on Wednesday, when the central bank said it is holding interest rates steady, after Fed Chair Jerome Powell repeatedly underlined the mounting uncertainty caused by the escalating Middle East violence. Stocks slumped during his afternoon press conference, … Read more
A pair of tech investors, with the legal backing of a former Justice Department prosecutor, have filed a civil lawsuit accusing the Trump administration of failing to enforce a law that required TikTok to either separate from its China-based owner or face a ban in the United States. The 33-page lawsuit, which was filed Thursday … Read more
Stocks in the U.S. plummeted after the opening bell on Monday, as jittery investors reacted to the potential fallout from the war in Iran, including the impact on global oil supplies. The Dow Jones Industrial Average slid 1,110 points, or 2.2%, in early trading, while the S&P 500 and the tech-heavy Nasdaq Composite each dropped 1.9%. … Read more
U.S. stock futures pointed to steep losses on Tuesday as investors eyed threats to world energy supplies from the Iran war. Oil prices surged on worries that the war could clog the global flow of crude. S&P 500 futures are pointing to a decline of 1.5% at Tuesday’s open, while the Dow Jones Industrial Average … Read more
U.S. stock futures tumbled in premarket trading Monday as global oil prices soared amid signs that U.S.-Israel military strikes in Iran were expanding across the region, raising concerns about potential disruptions to global petroleum supplies. Futures for the S&P 500 and Dow Jones Industrial Average sank 1.1% in premarket trading, while the Nasdaq Composite sank 1.6%. Oil … Read more
CENTRAL ISLIP, N.Y. — A New York businesswoman was sentenced Friday to nine years in federal prison over a financial scheme that ripped off more than $30 million from foreign investors and funneled some of the stolen money into U.S. political campaigns, including a fundraiser for President Donald Trump. Sherry Xue Li was also ordered … Read more