Gold edges up ahead of Fed decision as softer dollar offsets inflation fears

Strategic Petroleum Reserve stockpiles are precariously low and have been hit by major equipment failures, leaks and spills, according to a government report.

Mumbai: Adani Ports and Special Economic Zone (APSEZ), India’s biggest private port operator, is weighing a bid for Associated British Ports (ABP), the largest operator of such facilities in the UK, said people with knowledge of the matter. Tycoon Gautam Adani is looking to expand his port empire with the aim of becoming the world’s…

Investment advisor American Beacon Advisors Inc. and consulting firm Mercer Investments, a Marsh business, launched the Mercer & American Model portfolios, a suite of professionally managed model portfolios. The models combine thematic investing strategies, dynamic asset allocation and income-focused solutions. The five risk-based models feature a thematic equity sleeve that provides targeted exposure to high-conviction…

Compass’ fight over listing rules has landed in New York City. Earlier this week, top agents with brands under the Compass International Holdings umbrella confirmed to The Real Deal that executives with the firm advised them to remove their listings from StreetEasy this month. Agents were urged to instead upload their listings to the Real…

A surge to record highs for technology stocks has pushed them to what is considered by technical analysts to be overbought levels, but history shows investors should not use that as reason to cut their exposure.

The longer the trade dispute runs, the greater the possibility of future Bank of Canada rate cuts. That is especially true if tariffs begin to weigh on Canadian exports, business investment, employment, and overall economic growth.    “The Bank may need to lower rates to support the economy even with inflation running warm,” David said.    The…