The market's fear gauge was tumbling on Friday after the April employment report had market observers breaking out the wave of "Goldilocks" references that accompany a "just right" report. The CBOE Volatility Index, or Vix, was down 6.4% to 13.74 in recent trading. The Vix spiked north of 19 in April before pulling back in recent weeks.
XThe Biden campaign gleefully turned one of Donald Trump’s favorite digs against him on Saturday, branding the 78-year-old candidate as woefully geriatric in response to his embarrassing stumble at a Minnesota rally on Friday.Video from the event shared by Biden-Harris HQ on X showed Trump grabbing the lectern during his remarks on stage, after nearly toppling the podium over.A feeble Trump nearly falls down on stage after he leans on his podium too hard and then goes on an angry rant calling hi
Justin Sullivan/Getty ImagesDonald Trump followed up his endorsement by the National Rifle Association on Saturday with a speech stoking fears of the government under Joe Biden “coming for your guns,” and a bizarre monologue set to dramatic music resembling a song favored by QAnon.Addressing thousands of members of the NRA at their annual meeting in Texas, the former president stuck to his usual talking points, hailing the reversal of Roe v. Wade as an “amazing thing,” comparing himself to Al Ca
Speaker Mike Johnson’s (R-La.) decision to appear this week at former President Trump’s hush money trial in Manhattan is sparking new blowback from some House Republicans, who are questioning why he would inject himself so prominently in a case involving an alleged affair with a porn star. These Republicans, who requested to speak anonymously to…
Former New York City Mayor Rudy Giuliani was served a patriotic-themed birthday cake during his 80th birthday party in Palm Springs, California, Friday night — then served with a notice of indictment related to an alleged scheme to overturn the 2020 election results in Arizona. Giuliani was indicted last month alongside 18 other allies of former President Donald Trump in connection with their ...
Photo Illustration by The Daily Beast/New York County District Attorney's OfficeShe had a simple job at a complex trial: Read a man’s damning words.Not just any man, of course. The Twitter posts on the bright courtroom screens at Donald Trump’s New York trial last Friday were the thoughtless intimidation tactics of the first American president to face criminal charges, in a fight that could alter the course of world history.The task fell to Georgia Longstreet, a tall, unassuming 24-year-old who
Russia is increasingly using budget "glide bombs" to advance its offensive in Ukraine.
Taiwan's outgoing president says boosting her country's military was the only way to defy China's threat.
Poland is investing approximately €2.2 billion to enhance security and deterrence along its border with Russia and Belarus, Prime Minister Donald Tusk announced on Saturday.
Former president and first lady attended ceremony in Palm Beach, Florida after judge overseeing Trump’s criminal trial granted permission for him to be there
Members of a Ukrainian brigade have described how they were secretly relocated to help defend a section of the country's border with Russia a few days before a new invasion began. The commander of an artillery unit from 57 Brigade said his guns were even firing at Russian troops the day before the ground incursion into the northeastern region of Kharkiv, which started on 10 May. He said the forces had been "brazenly" amassing on the Russian side of the border. The commander of a second artillery unit similarly confirmed the brigade had been moved early to bolster defences in this direction.
The fictional serial killer has come up in Trump's campaign speeches multiple times over the past few months.
Hundreds of French gendarmes are trying to secure the road from Nouméa to the airport, officials say.
The report has been influenced by recent blasphemy cases, which has seen some teachers forced into hiding
Biden and Trump campaigns continue to trade barbs over accusations candidates are senile
Trump wants to pardon Peter Navarro and give him a job after he went to jail for refusing to comply with the Jan. 6 congressional investigation
Copper (HG=F) and Silver (SI=F) have both risen to new highs as demand increases for these metals, while Gold (GC=F) also rises as China's Ministry of Finance proceeds with a stimulus plan involving the sale of $138 billion worth of ultra-long special sovereign bonds. Bloomberg Intelligence Senior Commodities Strategist Mike McGlone joins Market Domination Overtime to give insight into metals and how the markets might trade moving forward. McGlone elaborates on what could happen with silver as China looks to buy many precious metals: "There's potential rumors that, we know China has been the biggest buyer of gold, not just Chinese Central Bank, but citizens. There may be some hoarding of silver, but the key thing I'm more worried about silver is that it might follow that path, that autocorrelation path in copper which spikes and then goes back down. In the macro, the big picture, though, I'm very favorable in terms of commodities, most favorable to metals versus most other commodities. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
The Under Armour meltdown continues.
Billionaire Sir Jim Ratcliffe has told Sky News that Britain is ready for a change of government after scolding the Conservatives over their handling of the economy and immigration after Brexit. While insisting his petrochemicals conglomerate INEOS is apolitical, Sir Jim backed Brexit and spent last weekend with Labour leader Sir Keir Starmer at Manchester United - the football club he now runs as minority owner.
About 1,000 demonstrators voiced concern about the rise of ultra conservative ideology in Europe, as right-wing leaders and politicians from countries including Argentina, France, Italy, and Hungary, took part in the Europa Viva 24 conference in Madrid, organised by Spain's conservative Vox party.
Today, the ASX200 experienced a decline of 0.85%, with most sectors losing ground except for materials. Notably, IT stocks faced significant pressure, dropping over 3%, and the Health Care sector also saw a decrease of 2%. In such fluctuating market conditions, companies with high insider ownership can be particularly compelling as these insiders may have a deeper commitment to the company's success and resilience in challenging times.
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