Goldman Axes $500 From Gold Target on No Fed Cuts This Year

Goldman Sachs Group Inc. cut its year-end gold forecast by $500 an ounce as the Federal Reserve is no longer seen easing in 2026. The revised target of $4,900 an ounce for December implies bullion is still expected to gain ground in the second half, although less than...

The Crypto-Treasury Dream Unravels After a 90% Stock Plunge

The business model of launching a public company to buy crypto is falling apart. As a result, those in the queue to do so through blank-check companies are facing pressure from investors against a market backdrop that is fiercely unfriendly. Take ReserveOne Inc., a...

How Meter Pricing Is Testing the Economics of AI

Silicon Valley spent much of the past few years feverishly pushing consumers and businesses to inject artificial intelligence into every corner of their lives. Now AI developers want their customers to pay more for the technology they actually use. A growing number of...

US Gasoline Prices Fall Below $4 as Iran Pressure Eases

US gasoline prices dipped below $4 a gallon for the first time since March, providing welcome relief to consumers after a historic global supply disruption sent fuel costs soaring for months. National regular unleaded gasoline averaged $3.999 on Thursday, according to...

Spain Lacks 750,000 Homes With Hotspots From Madrid to the Coast

Spain keeps creating far more households than homes in a mismatch that could increasingly weigh on the economy and society, according to the central bank. The country’s accumulated shortfall of dwellings now totals 750,000, nearly double Italy’s tally of 400,000 and...