US Border Patrol agents make arrest outside Gavin Newsom anti-Trump rally
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Gold Wavers as Traders Look to Jackson Hole and Ukraine Talks
(Bloomberg) -- Gold wavered as traders looked ahead to potential interest-rate signals from the Federal Reserve's annual gathering in Jackson Hole, as well as high-stakes diplomacy in Washington over efforts to end the war in Ukraine. Bullion traded in a narrow range over the past few sessions. Central bankers from around the world will gather at the retreat in Wyoming starting Friday, with markets largely expecting a reduction in US rates at the Fed's policy meeting next month. A Photographer's Pipe Dream: Capturing New York's Vast Water System Festivals and Parades Are Canceled Amid US Immigration Anxiety A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome Princeton Plans New Budget Cuts as Pressure From Trump Builds The Fed's Raphael Bostic said after a tour of the southeastern US that he's open to adjusting rates soon, citing strains from Donald Trump's import tariffs and high borrowing costs squeezing business profits. Lower rates typically benefit gold because the precious metal doesn't bear interest. 'Markets increasingly expect the Federal Reserve to strike a more dovish tone at the upcoming Jackson Hole symposium, with traders largely looking past last week's slightly firmer U.S. inflation print,' said Priyanka Sachdeva, an analyst at Phillip Nova in Singapore. 'The broader market view is that inflationary pressures remain on a cooling path.' Meanwhile, Ukrainian leader Volodymyr Zelenskiy and his European allies were arriving at the White House to meet with Trump following his summit with Russia's Vladimir Putin last week, amid apprehension that he'll try to force Kyiv into making unpalatable concessions. Any signs of a ceasefire could ease demand for the precious metal as a haven. Gold has rallied by more than a quarter this year, reaching a record in April. Since then, prices have tracked sideways, with investors following the fallout from the US-led trade war, concerns over the strength of the global economy and geopolitical tensions. Central-bank buying has also helped to support bullion. Gold was little-changed at $3,333.06 an ounce as of 12:37 p.m. in New York. The Bloomberg Dollar Spot Index was up 0.2%. Silver, platinum and palladium edged higher. --With assistance from Laura Avetisyan and Yvonne Yue Li. Foreigners Are Buying US Homes Again While Americans Get Sidelined What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates Living With 12 Strangers to Ease a Housing Crunch Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan ©2025 Bloomberg L.P.
Yahoo
13 minutes ago
- Yahoo
California mom and her 8-month-old daughter who were missing for weeks are found dead in submerged vehicle
A month-long search for a California mother and her 8-month-old daughter came to a heartbreaking end on Sunday when they were found submerged in their SUV, search crews confirmed. Whisper Owen, 36, and her daughter, Sandra McCarty, had been missing since July 15, when Owen drove from their home in Sacramento to Fresno for a doctor's appointment and to visit with family. She was last seen leaving Fresno that evening to return home to Sacramento but never arrived, On Sunday, the mother and baby were discovered inside their 2006 Chevrolet Trailblazer, which was submerged in a canal under a bridge on Highway 120 near Oakdale, California, KXTV reported. The family told KXTV that Owen's phone had last pinged on Victory Avenue and Highway 120. Adventures with Purpose, a nonprofit that specializes in searching waterways for missing people, had stepped in to help the family after weeks without answers. The volunteer search team made the grim discovery at the location using sonar technology and confirmed two bodies were inside the vehicle. Searchers said evidence suggests Owen made a desperate attempt to save her daughter. 'It appears as though Whisper was making her way to the backseat to save her daughter, Sandra,' Jared Leisek with Adventures with Purpose told KXTV. 'Our dive team has responded, and they did locate one adult in the vehicle and one infant in the vehicle,' Heather Brent with the San Joaquin County Sheriff's Office confirmed to the outlet. As the family grieves, they are determined to keep Whisper and Sandra's memory alive. 'They were beautiful people who made a very big difference in this world and a lot of people's lives,' Richard Owen, Whisper's brother, said. 'That's what they deserve to be remembered as.' A GoFundMe has been created to help the family with funeral costs. The Fresno Police Department is continuing to investigate the circumstances surrounding the deaths. The California Highway Patrol is also conducting an investigation with the sheriff's office to determine how the car ended up in the water. Solve the daily Crossword
Yahoo
13 minutes ago
- Yahoo
Newsmax to Pay $67 Million to Settle Dominion Case on 2020 Vote
(Bloomberg) -- Newsmax agreed to pay $67 million to settle a defamation lawsuit brought by Dominion Voting Systems Inc. alleging that the conservative media outlet spread lies about its voting machines during the 2020 presidential election. A Photographer's Pipe Dream: Capturing New York's Vast Water System Festivals and Parades Are Canceled Amid US Immigration Anxiety A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome Princeton Plans New Budget Cuts as Pressure From Trump Builds The news network will stagger the payments over three fiscal years, including the current one, according to a Securities and Exchange Commission filing by Newsmax. Newsmax and Dominion Voting didn't immediately respond to requests for comment. Dominion sued Newsmax in 2021 accusing the news network of spreading false claims that Joe Biden's presidential win against Donald Trump was rigged and that the voting-machine company participated in the fraud. Newsmax has denied that it defamed the company. The settlement follows resolutions of other defamation cases brought by voting machine companies claiming that conservative news networks damaged their reputation with their false claims about a rigged 2020 presidential election. Fox News in 2023 agreed to pay Dominion $787.5 million without admitting wrongdoing. Voting technology company Smartmatic Corp. last year settled its defamation case against Newsmax. Foreigners Are Buying US Homes Again While Americans Get Sidelined What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates Living With 12 Strangers to Ease a Housing Crunch Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
