Gold steadied above an earlier two-week low on Thursday as the dollar extended losses following better-than-expected U.S. inflation data.
The stock is cheap if you assume that growth will return. But growth depends on new products that may not succeed.
=The dollar held losses against a basket of major currencies on Thursday following data that showed a faster-than-forecast increase in domestic consumer prices in August.
Seadrill is looking for a swift pass through a bankruptcy that will reduce the holdings of outside shareholders to make way for new money to save one of the world’s largest offshore oil-drilling fleets.
Rising demand pushed U.S. crude above $50 a barrel on Thursday, while sterling jumped after the Bank of England said it was likely to raise interest rates for the first time in a decade in coming months.
New York sports radio personality Craig Carton has quit his show on WFAN following his arrest on fraud charges.
Equifax CEO Richard Smith, who is set to testify before Congress on Oct. 3, came under increased fire today for the massive data breach into his company that may affect at least 143 million Americans.