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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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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Activist investor HoldCo targets America’s underperforming banks

Activist investor HoldCo targets America’s underperforming banks

Misha Zaitzeff and Vik Ghei, founders of HoldCo Asset Management, at their Fort Lauderdale, Florida, offices. Courtesy: HoldCo American banks have found an unlikely pair of adversaries in Vik Ghei and Misha Zaitzeff. Since July, the nine-person hedge fund they run from Fort Lauderdale, Florida, called HoldCo, has challenged lenders with over $200 billion in…

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