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Gold price rallies despite strong US NFP report – FXStreet

Despite strong US employment gains, gold rebounded 0.69%, challenging the Fed's interest rate cut policy. Gold rebounded from a post-labor data slide as investors weighed the Fed's cautious deflationary stance. Upcoming US inflation and retail sales data will influence the trajectory of gold and Fed policy. Gold prices rebounded from Friday's daily lows, extending their […]

Man who started neighborhood fire brigade has strong message for Newsom as wildfires rage

Malibu-area firefighters who saved nearly a dozen homes during the Palisades fire say that while communities can come together to protect property during natural disasters, wildfire suppression is something that California officials cannot do. He said more needs to be done. Local surfer Matt Diamond said he had a brigade in his neighborhood after the […]

St. John’s stifling defense big reason for team’s strong start

There has been a lot of talk about St. John's struggling to break down 3-point and perimeter shots, especially since conference play began. But what hasn't been noticed is how exactly the Johnnys continue to win despite that problem persisting: their defense. More than halfway through the regular season, coach Rick Pitino's team is playing […]

2nd fire breaks out in Pasadena amid strong Santa Ana winds

As firefighters battled a fast-moving forest fire in the Pacific Palisades, a second inferno broke out in nearby Pasadena. Two fires have forced more than 30,000 people from their homes. Fighters are battling the Eaton Fire, which is currently burning an estimated 200 acres in the Pasadena area. Eaton firefighters are evacuating as the fire […]

Bitcoin Drags Crypto Lower on Strong U.S. Economic Data – AOL

The irony of the crypto market is how much it can fall when the economy is doing well. Several key economic indicators beat expectations on Tuesday. Bitcoin (Cryptocurrency: BTC) Cryptocurrencies such as have fallen on the news. As of 4:30 p.m. ET, Bitcoin was down 4.9% over the past 24 hours. Ethereum (Crypto: ETH) It […]

Homes Burn as Wildfire is Carried Across Pacific Palisades by Strong Winds

Houses were burning in Los Angeles' Pacific Palisades neighborhood on Tuesday as wildfires were carried through hillside communities by strong winds. One house was completely engulfed in flames. KNX News reporter Pete Demetriou posted a photo to X of the Pacific Palisades wildfire near Luckman Lane and Luna Vista Drive, noting that one home was […]

Gold News: Could Strong Jobs Data Cap XAU/USD’s Upside Potential? – FX Empire

Weekly US Treasury Bond 10 Year YieldRising US Treasury yields have been one of the main hurdles for gold. Since October, the 10-year Treasury yield has risen from 3.599% to 4.631%, reflecting inflation concerns and strong economic performance. The dollar followed a similar trend, with the US dollar index reaching 108.541. When the dollar strengthens, […]