Tag: Commodities

The iPhone 16 went on sale Friday, the latest generation of Apple (AAPL) devices already flying over shelves and into consumer hands this morning.BofA Securities Senior IT Hardware Analyst Wamsi Mohan joins the Morning Brief to talk about Apple’s lead times as it hopes to push a product upgrade cycle with the new iPhone, despite…

Republicans in North Carolina and nationally are assessing the potential fallout for former President Donald Trump from a bombshell report alleging that Lt. Gov. Mark Robinson, the party’s gubernatorial nominee, posted disturbing and inflammatory statements on a forum of a pornographic website.CNN reported Thursday that Robinson, behind an anonymous username he allegedly used elsewhere, made…

SAN DIEGO (FOX 5/KUSI) — Drivers traveling eastbound on Interstate 8 Saturday morning should expect delays due to the funeral procession for the San Diego police officer killed in the line of duty last month, Caltrans stated in a release Thursday.Officer Austin Machitar, a 30-year-old five-and-a-half year veteran with the department, was killed on Aug.…

China new home prices fall at fastest pace in over 9 years in August

Prospect of steeper Fed cuts boosts stocks, drives record gold prices

Dollar droops, gold at record high as bets for big Fed cut ramp up

Goldman Sachs isn’t scared off by the latest Nvidia (NVDA) sell-off.Nvidia shed roughly $400 billion in market value last week after the stock fell nearly 10% on Tuesday. The tech stock was one of the biggest drivers of the S&P 500’s (^GSPC) worst start to September since 1953, according to Bespoke Investment Group, though it…

Ukraine forex reserves rise to $42.3 billion as of Sept 1

US labor market stays afloat as unemployment rate falls to 4.2%

Japan Q2 corporate capex up 7.4%, points to solid domestic demand