Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
Federal Reserve issues initial findings from its 2025 triennial payments study
Colombia has a long road ahead to sustainable peace. Recognizing the failures of past approaches, the incoming government could seek a new security strategy that draws on building state presence in conflict areas and clear institutional frameworks to foster safety and security for Colombian citizens
A modern payment system could allow households and businesses in Gaza to receive aid, earn income, and transact safely during reconstruction. But it can only function with reliable internet, suitable devices, and robust identity verification. The post Digitizing Gaza’s financial system appeared firs
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Francisco Partners to buy Weave for $7.40/share cash
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STERLING, Va.--(BUSINESS WIRE)-- #ATA--JK Technology Services has acquired 360 Rigging, a firm that specializes in crane and rigging along with related services for the tech industry.
Energy stocks are closing in on record levels reached earlier this year amid the Middle East war as investors see diminishing prospects for a near-term ceasefire that could ease the standoff in the crucial Strait of Hormuz.
Shipments fell for a fifth week with no crude loading from the key Novorossiysk oil terminal in the seven days to Aug. 16
JPMorgan’s Gabriela Santos says investors don’t have to abandon the AI boom to protect themselves from the next selloff. She explains why AI-driven volatility is likely to keep returning, and identifies Treasuries, gold, core real estate and European stocks as potential portfolio shock absorbers. (S