The Fed’s Influence on Gold Prices The price of gold recently hit a record high, but the economic factors that typically drive investors to rush to the safe haven metal are not present. So what happened? The reason may instead have to do with the Federal Reserve. Many investors believe the central bank is at…Read more
Streaming Synergy The streaming industry is transforming as heavy-hitters Netflix (NFLX) and Max (WBD) add to the trend of platforms bundling their services — this time in a deal facilitated by Verizon (VZ). Apple (AAPL) and Paramount (PARA) are exploring a similar path too, exploring a joint bundle of their services at a discounted rate….Read more
Recent progress on fighting inflation continued in November, with consumer and producer price indexes decelerating further. The labor market cooled slightly, but remained generally resilient. The Federal Reserve held its policy rate steady at an upper bound of 5.50%, with multiple officials opining that monetary policy was at a sufficiently restrictive level to get inflation…Read more
