Investing.com -- Gold surged past $3,000 per ounce last week, marking a historic milestone as the precious metal continues its upward trajectory, driven by rising safe-haven demand and de-dollarization trends. But while gold has a reputation as a hedge against uncertainty, its historical performance suggests a more complex reality.Campbell Harvey, a professor at Duke University, attributed th ...
Investing.com -- Analysts at BofA Securities have downgraded their rating on Schneider National (NYSE:SNDR) to “neutral” from “buy” in a note dated Friday. This decision reflects concerns about softer demand due to tariff uncertainty, slowing consumer spending, and pressure on spot pricing. The analysts cited that Dry van spot linehaul rates fell to $1.50/mi this week, from ...
Investing.com -- Affinity Partners, the asset management firm run by Jared Kushner, has seen its assets under management (AUM) swell to $4.8 billion, a significant increase from the $3 billion reported in 2024. This growth has been fueled by new investment from the Middle East and strong investment performance, as revealed in a recent regulatory filing.The company received substantial commitments ...
(Reuters) - U.S. stock index futures moved lower on Friday as investors assessed an in-line inflation report to gauge the trajectory of the Federal Reserve’s monetary policy easing this year.The Commerce Department’s report showed the Personal Consumption Expenditures Price index rose 2.5% in February on an annual basis, compared with expectations of a 2.5% increase according to economists pol ...