May 15, 2024
Investors

Gold subdued as dollar firms, investors seek more Fed cues

By Brijesh Patel (Reuters) – Gold prices edged lower on Wednesday due to an uptick in the dollar, although bullion traded in a narrow range as investors stayed on the sidelines awaiting more cues on the U.S. Federal Reserve policy. Spot gold was down 0.1% at $2,176.29 per ounce, as of 0310 GMT. U.S. gold

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Finance

Megacaps’ rally lifts tech-heavy Nasdaq, Fed in focus

By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes rose on Monday, with a rally in megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited for the U.S. Federal Reserve’s meeting this week. Growth stocks were outperforming, with Alphabet gaining 4.8% after a

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Crypto

Crypto miners are shaking Texans down like they’re the Mafia (Opinion)

Cryptocurrency miners should not be rewarded at all by Gov. Greg Abbott and the state of Texas for creating a crisis with our energy grid, a Chronicle letter writer argues.  Dreamstime/TNS Crypto con Regarding “Mega-cartoon: How crypto miners raised Texans’ electric bill (Opinion),” (Dec. 30): Crypto miners are getting a sweetheart deal from the state

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