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Gold is now in a much better position to receive Federal Reserve Chair Jerome Powell's announcement on Wednesday. But can it handle a more hawkish message from the central bank? After dropping $50 last week, gold saw encouraging double-digit...

Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker than the 4.17 million units housing analysts had predicted, and it was a much deeper fall than usual monthly declines. Sales...

Some managing directors at Deutsche Bank’s office in the City of London on Monday were being fitted for suits costing more than £1,000 ($1,250). The same morning, the bank began massive layoffs across the world.Tearful workers were told to pack up their...

Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings. Iger appeared Thursday on CNBC, the morning after the company...

Intel CEO Bob Swan is stepping down effective Feb. 15 and will be replaced by VMWare CEO Pat Gelsinger, the chipmaker announced Wednesday. Intel’s stock was rose nearly 7% on Wednesday. VMWare’s stock fell nearly 7%.

Russian exports of oil and oil products to the United States surged in the last week of February to their highest level since 2011, with Russia taking advantage of the Venezuelan collapse, Russian news outlet RBC reports, quoting investment bank Caracas Capital...

KFC took out full-page newspaper ads on Friday to apologize for its restaurant closures. KFC has issued a high-profile, humorous apology for its chicken shortages in the UK. The fast-food chain used a full-page ad in British newspapers to apologize for shutting down hundreds of restaurants this week because it ran...

Nigeria’s central bank has extended the timeline to swap out its old currency for redesigned notes after the change triggered a cash shortage ABUJA, Nigeria — Nigeria’s central bank has extended the timeline to swap out its old currency for redesigned notes after the change triggered a cash shortage, forcing...

Reddit users are flooding the Kellogg Company's job portal with fake applications after the company recently announced it will replace its striking union workers with new permanent employees. The spammers say they stand in solidarity with the strikers. In...

After waiting more than a week for good weather, SpaceX launched a Falcon 9 rocket Wednesday from Cape Canaveral with 60 more satellites for the company’s Starlink Internet network, continuing to build out a fleet of fleet of orbiting broadband relay stations that...