Gold Price Under Pressure as US Bond Yields Rise

Gold Price Under Pressure as US Bond Yields Rise

Uncertainty around Fed rate cuts and strong US economic data weigh on gold price The gold price (XAU/USD) experienced a brief recovery after hitting a two-week low following the release of better-than-expected US employment data. However, the momentum stalled due to uncertainty surrounding the Federal Reserve’s rate-cut trajectory. Elevated US Treasury bond yields, which act…

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US Defense Secretary Takes Responsibility for Secrecy Surrounding Hospitalization

US Defense Secretary Takes Responsibility for Secrecy Surrounding Hospitalization

Lloyd Austin admits to lack of transparency regarding ongoing hospitalization for undisclosed medical condition US Defense Secretary Lloyd Austin has taken “full responsibility” for the lack of transparency surrounding his ongoing hospitalization for a still-unspecified medical condition. Austin, who is 70 years old, was admitted to Walter Reed National Military Medical Center on New Year’s…

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Chinese Foreign Minister Stresses Peaceful Coexistence and Panda Diplomacy in U.S.-China Relations

Chinese Foreign Minister Stresses Peaceful Coexistence and Panda Diplomacy in U.S.-China Relations

Chinese Foreign Minister Wang Yi emphasizes the need for peaceful coexistence and cooperation between the United States and China, while also announcing the return of giant pandas to California. Chinese Foreign Minister Wang Yi delivered a speech on Friday emphasizing the importance of peaceful coexistence and cooperation between the United States and China. As the…

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China Promises Pandas for the U.S. on the 45th Anniversary of the Two Nations' Ties

China Promises Pandas for the U.S. on the 45th Anniversary of the Two Nations’ Ties

Chinese Foreign Minister emphasizes peaceful coexistence and announces the return of giant pandas to the U.S., specifically California. On the 45th anniversary of diplomatic relations between the United States and China, Chinese Foreign Minister Wang Yi highlighted the importance of peaceful coexistence and the need for both nations to transcend their differences. Wang also made…

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Private Companies Aim to Revive US Moon Landings

Private Companies Aim to Revive US Moon Landings

Astrobotic Technology and Intuitive Machines lead the charge in commercial moon deliveries as NASA focuses on returning astronauts to the lunar surface. After moon landings by China and India, and failed attempts by Russia, Japan, and Israel, two private companies are racing to put the United States back in the game. With the support of…

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Claudine Gay Resigns as Harvard University President

Claudine Gay Resigns as Harvard University President

Gay steps down amid allegations of plagiarism and criticism over her handling of antisemitism on campus Claudine Gay, the president of Harvard University, has resigned from her position after facing allegations of plagiarism and criticism over her comments about antisemitism on campus. Gay, who served as president for just six months, announced her resignation in…

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