Business


Gold climbs amid US-North Korean 'sabre-rattling'

Markets began to tumble Tuesday after President Trump promised North Korea will face "fire and fury like the world has never seen" if the country continues to threaten the US. Perrigo rose $2.17, or 2.8%, to $79.01. The market volatility - the VIX index, nicknamed " the fear index, had been dashed the night before - remained high compared to the evolution since the beginning of the year.


Stocks plunge over North Korea tensions

Stocks plunge over North Korea tensions

Investors' unease over escalating tensions between the United States and North Korea had weighed on stocks earlier in the day, pushing gold and bond prices slightly higher. Elsewhere in commodities, the September crude contract advanced 20 cents to $49.76 per barrel and the September natural gas contract was up seven cents to $2.95 per mmBTU.


Trump to launch investigation into China's trade practice

Trump to launch investigation into China's trade practice

Trump informed Chinese President Xi Jinping Friday night of the upcoming memorandum, a senior administration official told CNN Friday. The latest step follows the opening by the Trump administration of several other investigations into Chinese commercial practices, notably in the steel sector.


Gold prices drop after two-month high

Gold prices drop after two-month high

The Dow Jones industrial average slid 0.2 percent to 22,048.70. U.S. stocks also fell, lingering in negative territory the entire session, but notching smaller declines than in overseas markets . JAPAN MACHINERY DISAPPOINTS: Orders for machinery in June, considered a leading economic indicator, were slower than analysts had forecast and at their weakest since May 2016.


SoundCloud survives, emerging voices in music will not be silenced

SoundCloud survives, emerging voices in music will not be silenced

SoundCloud Chief Executive Officer Alex Ljung is being replaced by Kerry Trainor , the former head of the online video service Vimeo . The struggling audio-hosting startup SoundCloud has secured a financial lifeline, with two investors putting up nearly $ 170 million to help the company stay afloat, according to Billboard .


Gold settles at 2-month high amid geopolitical tensions

Gold settles at 2-month high amid geopolitical tensions

North Korea said it was completing plans to fire four intermediate-range missiles over Japan to land near the U.S. Pacific island territory of Guam in an unusually detailed threat that further heightened tensions with the United States . Trump's remarks on Tuesday that North Korea would face " fire and fury like the world has never seen" weighed on Wall Street and drove up the VIX "fear gauge", or the cost of protection against a drop in the S&P 500 .