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Markets

Jobless claims fall to lowest level since mid-May

The UK unemployment rate has unexpectedly gone up while the number of job vacancies has fallen to its lowest level in five years as the initial impact of the Iran war on firms starts to be felt.

Markets

Jobless claims stay low in latest week

US jobless claims rose to 215,000 last week, but layoffs remain near historic lows, signalling continued workforce stability. While employers are largely retaining workers, rising continuing claims suggest hiring remain…

Markets

DeepSeek Won't Sink U.S. AI Titans

The launch of a new chatbot by Chinese artificial intelligence firm DeepSeek triggered a plunge in US tech stocks as it appeared to perform as well as OpenAI’s ChatGPT and other AI models, but using fewer resources.

Markets

Natural Gas Falls on Shifting Weather Forecasts

US natural gas futures fell 3.3% on Tuesday, settling at $3.147 per million British thermal units on Nymex, as two bearish forces hit the market at once. Weather models shifted cooler, trimming expectations for air-cond…

Markets

Comex Gold, Silver Settle Lower

The price of silver you see quoted is a farce. It’s the price of an empty promise based on “paper” silver traded via futures contracts, whose volumes and claims dwarf the physical metal sitting in vaults.