Market News

(Kitco News) - Gold prices enjoyed a late-week surge as concerns about the global economy reinvigorated flight-to-quality buying, building on the recent short-term higher trend seen in the metal.

The rout in emerging markets continued as investor concern mounted over how the developing world will cope with the withdrawal of global stimulus.

Investors dumped currencies in emerging markets, underscoring growing anxiety about the ability of developing nations to prop up their economies as they face uneven growth.

State Street's quarterly profit missed Wall Street analyst views Friday, and operating expenses climbed, triggering a stock slide.

Did you think interest rates had bottomed? Think again.

Irish rock band U2 is releasing a free song on iTunes during the Super Bowl, and for the first two million downloads, Bank of America (NYSE: BOA) will donate a dollar to fight AIDS in Africa. The new single, "Invisible,"...

Dow, S&P blasted as selling goes global, traders take refuge in Treasuries.

Nokia expects the pressure on both the top-line and bottom-line to continue in the near term, as contract exits and divestments make for tough year-on-year comparisons while costs increase during the initial network layo...

The Fed surprised markets with its December decision that the economy is strong enough to stand on its own with less stimulus. The majority of economists and analysts expected it to wait until March for more evidence to ...

TASR could benefit from unwinding skepticism and/or a positive upcoming earnings report.

Our take is that while the current results are very encouraging, we may see a notable impact of competition in 2014 and growth could come down in the latter half of the year. Besides, growing streaming content obligation...

I don’t want to bury the lede, so I’ll start by saying, “I don’t know.” It could be, but I don’t think so. The bad Purchasing Managers’ Index reading out of China seemed to precede a market pullback everywh...

"The Computer" has done his calculations.

The "Movember" movement seeks to "have an everlasting impact on the face of men's health." As of this morning, it's clear they've at least made a dent on Procter & Gamble's (NYSE: PG) quarterly earnings. Every year milli...

(Kitco News) - Weakness in emerging markets prompted safe-haven buying of gold, helping the metal surge earlier Friday to two-month highs, analysts said.

J.P. Morgan Chairman and Chief Executive James Dimon will receive total compensation of $20 million in 2013, a 74% jump from the $11.5 million he pulled in for 2012.

(Kitco News) - There’s been much chatter in gold markets about the size of Comex precious metals warehouse stocks and what this may mean for the market, but much of that chatter is at best misinformed, say veteran fut...

Despite the bank's worst year under Dimon's reign, JPM's board is awarding the CEO a 74% raise.

Consider the problem facing most retail investors. They have to buy a company, hopefully at a price lower than the firm's value, then sell it at some future date to someone who will pay a premium.

In trading on Friday, shares of Avon Products (NYSE: AVP) touched a new 52-week low of $15.49/share. That's a $9.22 share price drop, or -37.31% decline from the 52-week high of $24.71 set back on 08/01/2013. Large perc...

Microsoft is fat and happy with a big bank account. That's good as its historical PC market place is slowly withering away. It is using its same lethargic way of doing everything to seek a new CEO. MSFT needs a new sense...

(Kitco News) - A majority of survey participants in the Kitco News Gold Survey forecast higher gold prices for next week, expecting the yellow metal to build on its gains.