Gold rises as weaker dollar eases rate-hike expectations
Gold prices advanced Friday and headed for a weekly gain as a weaker U.S. dollar and inflation readings reduced expectations
Read MoreNews and opinion for Michigan, Eaton County, and the Mulliken area
News and opinion for Michigan, Eaton County, and the Mulliken area
Markets, jobs, prices and the economy.
Gold prices advanced Friday and headed for a weekly gain as a weaker U.S. dollar and inflation readings reduced expectations
Read MorePeter Tuchman, a longtime New York Stock Exchange trader, said he is not worried that the current AI-driven stock rally
Read MoreMajor stock indexes can diverge from the broader economy because they track expected profits for publicly traded companies, not the
Read MoreThe U.S. dollar entered the new trading week under pressure as Federal Reserve officials maintained support for elevated interest rates
Read MoreU.S. stocks pulled back from record highs Friday after a government report showed shoppers spent less at retailers last month
Read MoreUS retail sales fell 0.6% in July, the first decline in nine months and the sharpest monthly drop since May
Read MoreInflation cooled slightly in July, falling to 3.4% from June's reading, a drop of one-tenth of a percentage point. The
Read MoreU.S. consumer prices rose 3.4 percent in July compared with a year earlier, while core inflation slowed to 2.5 percent,
Read MoreThe S&P 500 closed down 0.2% Friday at 7,785.76, while the Nasdaq Composite fell 0.3% to 26,729.16 and the Dow
Read MoreGeneral Motors will lay off 350 workers in January 2027 at its Lansing Grand River Assembly/Stamping and Lansing Regional Stamping
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