WASHINGTON (Reuters) - U.S. authorities have filed criminal and other charges against a former Equifax executive over alleged insider trading linked to the credit reporting company's massive data breach made public last year, officials said on Wednesday.Jun Ying, the former chief information office for one of the company's units, faces criminal charges filed by the U.S. Attorney's Office for the N...Read More

HOUSTON/SEOUL (Reuters) - U.S. energy pipeline developers say they intend to pursue exemptions to the Trump Administration’s proposed steel tariffs, as concerns grow for those companies and from key exporters to the United States like South Korea.“We have a number of pipeline projects that would be impacted significantly by this cost increase,” said Adam Bedard, chief executive o...Read More

Any investor who wants to rake in big profits only really needs to know one thing:The biggest fortunes in the world right now are being made in technology.Take the following example:Amazon is now the world's third largest retailer, just behind Wal-Mart and CVS...Airbnb now offers more rooms than Hilton, InterContinental and Marriott... and according to investors it's now the most valuable "hotel s...Read More

Gold has now recovered from being negative to close the day higher on three occasions in as many days since Friday. The bulls’ resilience is noteworthy, but not exactly remarkable as there has not been much follow-through yet. Indeed, the metal was trading lower again at the time of this writing. But will it stage another comeback later on? Gold continues to track the EUR/USD exchange rate....Read More

(Kitco News)- With the precious metals stuck ina near-term trading range, one commodity analyst continues to watch silver andthe U.S. dollar as the two catalysts to drive prices higher in the short term.In a report published by SeekingAlpha, Andrew Hecht, creator of the Hecht Commodity Report, wrote that the U.S.dollar has been in a downtrend since early 2017 and there are signs that thecurrency i...Read More

WASHINGTON (Reuters) - President Donald Trump is ready to sign legislation intended to curb school violence that was inspired by last month’s mass shooting at a Florida high school, and which the House of Representatives is poised to pass later on Wednesday.In a statement released on Wednesday the White House said the legislation would help protect children and reiterated its support for arm...Read More

MILAN (Reuters) - The leader of Italy's anti-establishment 5-Star Movement said on Wednesday he had no intention of plunging the country into chaos, promising a responsible economic policy if his party formed the next government.Five-Star emerged as Italy's biggest party from a national election on March 4, behind a center-right coalition, but neither group got enough seats to form a working major...Read More

LONDON (Reuters) - OPEC raised its forecast for oil supply from non-member countries in 2018 as higher prices encourage U.S. shale drillers to pump more, offsetting an OPEC-led deal to clear a supply glut and a collapse in Venezuelan production.In a monthly report on Wednesday, the Organization of the Petroleum Exporting Countries said non-OPEC producers would boost supply by 1.66 million bar...Read More

The shares of mobile payments concern Square Inc (NYSE:SQ) are exploring record highs again today, thanks to a high-profile endorsement. Sixty-percent of Square merchants surveyed by Instinet said they'd be willing to accept payment in the form of bitcoin, prompting Instinet analyst Dan Dolev to say, "Like Amazon in its early days, we believe that little of Square's future revenue streams are curr...Read More

GOLD (in USD) Starting a new leg lower. Gold is declining following recent bounce at 1330. The pair is contained between hourly support and resistance at 1300 (29/12/2017 low) and 1348 (20/02/2018 high). Expected to show further increase. In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1'392 (17/03/2014) is required to confirm it. A...Read More

CANONSBURG, Pa. (Reuters) - The Democrat candidate claimed a congressional election in a Republican heartland in Pennsylvania, as a vote seen as a referendum on Donald Trump’s performance as president remained officially too close to call early on Wednesday.In an ominous sign for Republicans eight months before national midterm elections, official results with all ballots from voting booths...Read More

Europa Oil And Gas PLC's (LON:EOG) Hugh Mackay tells Proactive's Andrew Scott that the Inishkea prospects are now the company's 'flagship' project in Ireland.He says a 2019 drilling date is possible, with the lower geological risks of the area a compelling reason to pursue the project.Mackay adds that the project could also help reduce the reliance of Ireland on gas imports from countries such as...Read More

Signet Jewelers Ltd. (NYSE:SIG) has a history of making volatile post-earnings swings, and today's action is no different. But despite the retailer being one of the best stocks to own on the S&P 500 Index (SPX) in March over the past decade, SIG shares have plummeted 16% out of the gate to $40.09, hitting a six-year low of $4.02 earlier, after the jewelry specialist reported earnings this morning....Read More

Nvidia Corporation (NASDAQ:NVDA) stock has been on a tear lately, and analysts are taking notice. This morning, RBC upped its price target on the chip stock to $285 from $280. While the covering analyst expects cryptocurrency tailwinds to slow, continued growth in spending on data centers and gaming should fuel demand for the company's chips. Still, NVDA stock is down 0.3% at $247 so far today....Read More

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) stock is trading up 5.4% at $16.95, as the shares try to recover from last month's earnings bear gap. Boosting VRX stock this morning is news the company's plaque psoriasis treatment, Siliq, has been approved in Canada. Valeant expects to begin marketing efforts in the country later this year.Also helping Valeant stock today are Securities and Exchange C...Read More

WASHINGTON (Reuters) - U.S. retail sales fell for a third straight month in February as households cut back on purchases of motor vehicles and other big-ticket items, pointing to a slowdown in economic growth in the first quarter.Other data on Wednesday showed underlying producer prices increasing solidly in February amid strong gains in the cost of services such as hotel accommodation, airline fa...Read More

BERLIN (Reuters) - Germany's Angela Merkel will head to France on Friday, the first foreign trip of her fourth term as chancellor, to discuss bilateral, European and international topics with French President Emmanuel Macron, a German government spokesman said.Earlier on Wednesday, German lawmakers re-elected Merkel as chancellor of Europe's biggest economy, almost six months after a federal elect...Read More

(Kitco News) - Gold prices have slipped from near unchanged seen in early U.S.trading, to modestly lower levels in late-morning action Wednesday. A firmerU.S. dollar index and more gains in the U.S. stock indexes are putting somedownside price pressure on the safe-haven metal. Aprilgold was last down $3.10an ounce at $1,323.80.By Jim Wyckoff For Kitco NewsFollow @jimwyckoffjwyckoff@kitco.comwww.ki...Read More

Range-boundgold may draw support from fears about a trade war but at the same time be heldback by expectations for Federal Reserve interest-rate hikes, says TDSecurities. “Rex Tillerson's departure from the White House [as secretary ofstate] provided a bid, but we expect that it will be short-lived as is typicalof similar event-driven rallies,” TDS says. “Meanwhile, increasing ch...Read More

Range-bound gold may draw support from fears about a trade war but at the same time be held back by expectations for Federal Reserve interest-rate hikes, says TD Securities. “Rex Tillerson's departure from the White House [as secretary of state] provided a bid, but we expect that it will be short-lived as is typical of similar event-driven rallies,” TDS says. “Meanwhile, increasi...Read More