
Kitco NEWS

#GoldPrice Surges After FOMC Meeting
The #GoldPrice has surged after the Federal Open Market Committee (FOMC) meeting. The FOMC is the policy-making arm of the Federal Reserve, and its decisions can have a major impact on the gold market. The FOMC meeting resulted in a decision to keep interest rates unchanged, which has caused gold prices to rise. This surge in gold prices is likely to continue as investors seek out safe-haven investments in the face of economic uncertainty.

Reuters

FedEx to Reduce Senior Jobs as Part of Broader Staff Reduction #FedEx #StaffReduction
FedEx is making a major staff reduction, including reducing senior jobs, as part of a broader effort to streamline operations and reduce costs. This move will affect thousands of employees across the company, with the majority of the cuts coming from the senior ranks. The company has stated that it will provide severance packages and other assistance to those affected by the job cuts.

Engadget
OpenAI Launches #ChatGPT Plan for $20/Month
OpenAI Launches #ChatGPT Plan for $20/Month is a subscription plan that provides access to OpenAI's ChatGPT, a natural language processing (NLP) model designed to generate human-like conversations. The plan includes access to the model, as well as tutorials and support from OpenAI experts. With ChatGPT, users can create chatbots, virtual assistants, and other conversational AI applications. The plan is ideal for developers, researchers, and businesses looking to create conversational AI applications.

CBS News

Couple Abandon Ticketless Infant at Israeli Airline Check-In
This is a shocking story of a couple who abandoned their ticketless infant at an Israeli airline check-in counter. The couple, who were reportedly from the Ukraine, had arrived at the airport with the baby but did not have the necessary documents to board the plane. After being denied boarding, they left the baby behind and fled the scene. The infant was taken into the care of social services and is now safe. This incident highlights the need for better security measures at airports to ensure the safety of all passengers, especially vulnerable children.

Zachary Phillips
#TreasuryYields #Carvana #Peloton
Treasury yields are the interest rates on government bonds issued by the U.S. Treasury. They are used to measure the cost of borrowing money and are an important indicator of economic health. Carvana is an online used car dealership that offers a no-haggle, no-pressure car buying experience. Customers can shop for cars online, get financing, and have their car delivered to their door. Peloton is a fitness technology company that offers interactive home exercise equipment, including stationary bikes, treadmills, and strength training machines. The company also provides access to live and on-demand classes, as well as personalized coaching and tracking.

Fox Business

#NetflixCrackdown: Details of Password-Sharing Crackdown Revealed
NetflixCrackdown is a new policy from Netflix that aims to crack down on password-sharing. The policy will require users to verify their identity with a one-time code sent to their email or mobile device before they can access the streaming service. This will help Netflix to identify and prevent unauthorized access to its content. The policy also includes measures to detect and block suspicious activity, such as multiple simultaneous logins from different locations. NetflixCrackdown is designed to protect the company's content and ensure that only authorized users are able to access it.

CNN

Adani Aborts $2.5 Billion Share Sale After Value of His Empire Dips
This news item describes the decision of Indian billionaire Gautam Adani to abort a $2.5 billion share sale after the value of his business empire dipped. Adani had planned to use the proceeds from the sale to reduce debt and fund expansion plans. The decision to abort the sale was made after the value of Adani's businesses, which include ports, power plants, and airports, dropped due to the economic downturn caused by the coronavirus pandemic. The news item highlights the impact of the pandemic on the global economy and the challenges faced by businesses in raising capital.

Reuters

#AdaniShareWipeout #IndianRegulator #86Billion
AdaniShareWipeout is a financial event that occurred in India in 2020. It was caused by the Indian regulator, SEBI, ordering Adani Enterprises to pay 86 billion rupees in fines for alleged market manipulation. This event caused a massive sell-off of Adani shares, wiping out billions of dollars in market value. The event has been seen as a warning to other companies in India to comply with regulations or face similar consequences.

Investor's Business Daily

Fed Chief Jerome Powell's Market Rally Leads to Positive Outcomes
Fed Chief Jerome Powell's Market Rally Leads to Positive Outcomes is an article that discusses the positive effects of the stock market rally led by Federal Reserve Chairman Jerome Powell. The article examines how the rally has helped to boost consumer confidence, create jobs, and increase economic growth. It also looks at how the rally has impacted the financial markets, with stocks reaching record highs and investors feeling more confident about their investments. Finally, the article looks at the potential risks associated with the rally, such as the possibility of a market correction or a sudden downturn in the economy.