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Gold enters correction territory as global investors stop worrying as much about China tensions, Fed independence, AI bubble

Gold enters correction territory as global investors stop worrying as much about China tensions, Fed independence, AI bubble

Gold has fallen into correction territory now that investor fears around China tensions, Federal Reserve independence and an artificial intelligence bubble have been soothed. After topping $4,300 just last week, both spot gold and gold futures have made short work of dipping below $4,000. The yellow metal is still up more than 40% in 2025….

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Nvidia takes  billion stake in Nokia

Nvidia takes $1 billion stake in Nokia

Visitors at Nokia (Nokia is a Finnish telecom, IT, and electronics company) Pavilion during the India Mobile Congress 2025 exhibition at Yashobhoomi. Pradeep Gaur | SOPA Images | Lightrocket | Getty Images Nokia announced on Tuesday that Nvidia is taking a $1 billion stake in the networking company, the latest partnership for the artificial intelligence…

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Patrick Mahomes, Kevin Durant, Dak Prescott Among Stars in Awe of Shohei Ohtani

Patrick Mahomes, Kevin Durant, Dak Prescott Among Stars in Awe of Shohei Ohtani

Even among fellow sports superstars, Shohei Ohtani has reached legendary status. The Los Angeles Dodgers two-way phenomenon has shown off his baseball magnificence during this year’s MLB postseason, particularly on Oct. 17, when he had arguably the greatest performance in the game’s history, hitting three home runs at the plate while striking out 10 on…

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State AGs sue Trump administration to keep SNAP benefits during government shutdown

State AGs sue Trump administration to keep SNAP benefits during government shutdown

“SNAP/EBT Food Stamp Benefits Accepted” is displayed on a screen inside a Family Dollar Stores Inc. store in Chicago, Illinois. Daniel Acker | Bloomberg | Getty Images A group of state attorneys general sued the Trump administration on Tuesday, seeking to maintain the funding of so-called SNAP benefits during the ongoing federal government shutdown. The…

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Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

Bridgewater Associates founder Ray Dalio on Tuesday warned that a bubble could be forming around megacap technology in the U.S. amid the artificial intelligence boom, but said that it may not end until the Federal Reserve reverses its current easy policies. “There’s a lot of bubble stuff going on,” Dalio told CNBC’s Sara Eisen in…

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