Lewis KrauskopfNEW YORK (Reuters) - U.S. President Donald Trump’s move to impose tariffs on steel and aluminum imports has rippled through financial markets, but stocks appear to be shrugging off the potential for a broader global trade war, according to Goldman Sachs strategists.As Trump’s tariff plans to levy steel imports at 25 percent and aluminum at 10 percent have come to light i...Read More

NEW YORK (Reuters) - U.S. inflation expectations edged higher last month, with one measure hitting its highest level in a year, according to a Federal Reserve Bank of New York survey published Monday that adds to signs of price pressures.The survey of consumer expectations, which the Fed considers among other data as it continues to gradually raise interest rates, showed median one-year ahead infl...Read More

Ayenat MersieNEW YORK (Reuters) - Oil prices fell on Monday as investors grappled with ongoing concerns over rising U.S. output and tight OPEC supply, while last week’s data showing speculators cut bets on oil suggested more selling could be seen.Brent crude futures LCOc1 were down 63 cents, or 1 percent, by 1:32 p.m. EDT (1732 GMT), to $64.86 per barrel.U.S. West Texas Intermediate (WTI) cr...Read More

Catherine Ngai(Reuters) - Goldman Sachs Group Inc (GS.N) unexpectedly announced on Monday that Harvey Schwartz will retire from the bank, leaving David Solomon as sole president and chief operating officer and the most obvious successor to Chief Executive Lloyd Blankfein.Schwartz and Solomon were named co-COO in December 2016 in a setup that appeared to pit the two against each other to eventually...Read More

Gold should have performed a lot better over the past two years - and especially the past two months. That's because both periods were characterized by the factors that, according to conventional wisdom, should cause gold to perform well: higher inflation and stock-market turmoil. Because gold GCJ8, +0.14% did not do well suggests that we should take a critical look at what makes gold a good inve...Read More

Global Ports Holdings PLC (LON:GPH)  shares jumped 10.2% higher to 435p in late afternoon trading as the world's latest cruise ports operator reported a loss in 2017, but said it expects single-digit growth in revenue and adjusted earnings in 2018.The company - which listed in London last May -  swung to a pre-tax loss of US$10.5mln for 2017, from a profit of US$5.3mln in the prior year,...Read More

Hyperinflation is the most prominent factor that makes Venezuela the most miserable country in the world, according to the latest finding from famed economist Steve Hanke.In the latest update of his Misery Index, Hanke, economist at Johns Hopkins University, ranked 98 countries in terms of happiness in relation to their economic conditions."In the sphere of economics, misery tends to flow from hi...Read More

It's been a volatile day for stocks, with the Dow exploring a 282-point range on both sides of breakeven, but lower at last check. Among individual names making notable moves are semiconductor stock Micron Technology, Inc. (NASDAQ:MU), financial giant Goldman Sachs Group Inc (NYSE:GS), and biotech Merrimack Pharmaceuticals Inc (NASDAQ:MACK). Here's a quick look at how shares of MU, GS, and MACK ar...Read More

Gold prices finished modestly lower on Monday, giving back the gains seen in the previous session as investors await U.S. consumer-price index data due Tuesday for the latest clue on the pace of Federal Reserve interest-rate hikes. Global risk-on sentiment, including some gains in the U.S. stock market in early Monday trading, seen after Friday's U.S. jobs report contributed to losses for the yell...Read More

Footwear concern DSW Inc. (NYSE:DSW) is expected to report its fourth-quarter earnings tomorrow before market open. DSW has shed 5.6% year-over-year, and has been trading below newfound resistance of the 50-day moving average since late January. Shares of DSW were last seen up 2.4% at $19.54. History suggests DSW could continue this positive price action tomorrow, considering the stock has had a...Read More

Rock sampling at the Double Event prospect owned by Papua Mining PLC (LON: PML) has delivered high grade gold results.Chief executive David Price says approximately 25% of all rock samples returned assays at above 10 grams per tonne gold.Papua's now planning a reverse circulation drilling campaign to follow up on this work.  Meet AusCann Group Holdings Ltd, Pacific American Coal Ltd, Kasbah R...Read More

Asante Gold Corporation (CSE:ASE) (FRANKFURT:1A9) (OTC:ASGOF) ("Asante Gold" or the "Company") announces that it has appointed Kevin Thomson as a consultant and advisor to the Board of Directors.Read full newsRead More

Ely Gold Royalties Inc. (TSXV: ELY) (OTC Pink: ELYGF) ('Ely Gold' or the 'Company') through its wholly owned subsidiary, Nevada Select Royalty, Inc ('Nevada Select') is pleased to announce that it has entered into a definitive purchase agreement with Gold Resource Corporation (NYSE MKT: GORO) 'Gold Resource' whereby Gold Resource has acquired a 100% interest...Read More

Retail earnings have been in the spotlight in recent weeks, and Dick's Sporting Goods, Inc. (NYSE:DKS) is next to take the mic, with its results slated for release before tomorrow's open. Ahead of the event, DKS stock was trading up 2.8% at $32.77, but the shares are running into potential technical resistance, and given their history of negative earnings reactions, today's rally could be short-li...Read More

Ontario is helping Thunder Bay area farmers improve their agricultural land, diversify crops and expand their businesses.Bill Mauro, MPP for Thunder Bay-Atikokan, was in Thunder Bay today to announce funding through the Northern Ontario Heritage Fund Corporation (NOHFC) to install tile drainage on 1,390 acres of land and to undertake land clearing on 354 acres, a project led by the Thunder Bay Ag...Read More

(Kitco News)- Goldand silver prices were ending the U.S. day session modestly weaker Monday. Keenerrisk appetite in the world marketplace at present is keeping the buyers of thesafe-metals squelched. A weaker U.S. dollar index today did allow gold andsilver to move off of their daily lows that were scored in early dealings. AprilComex gold futures were last down $3.90 an ounce at $1,320.20. May Co...Read More

(Kitco News) - Gold and silver prices were ending the U.S. day session modestly weaker Monday. Keener risk appetite in the world marketplace at present is keeping the buyers of the safe-metals squelched. A weaker U.S. dollar index today did allow gold and silver to move off of their daily lows that were scored in early dealings. April Comex gold futures were last down $3.90 an ounce at $1,320.20....Read More

WARSAW, March 12 (Reuters) - JSW, the European Union's biggest coking coal producer, said on Monday its 2017 net profit jumped to 2.54 billion zlotys ($745.31 million) from 6.7 million zlotys a year earlier, driven by a 65 percent rise in the average coking coal price.Analysts polled by Reuters had expected state-run JSW to report a net profit of 2.41 billion zlotys for 2017 and 620 million zlotys...Read More

No real surprises are expected from the UK's first-ever Spring Statement, with the Budget now pushed back to the autumn, after the Chancellor of the Exchequer, Philip Hammond announced changes to the age-old economic tradition last November.As he trailed in interviews last weekend, Hammond is expected to keep austerity alive in the statement amid an uncertain UK economic outlook.The statement is,...Read More

LONDON (LPC) - Senior participants are warning that today's market could be as good as it gets, despite a robust global economic backdrop and buoyant mood in the private equity and leveraged loan markets.Comparisons to 2007's pre-crisis conditions are becoming more common and industry figures are debating whether today's robust conditions constitute a bubble, as purchase prices rise, jumbo buyouts...Read More