Gold Heads for Weekly Loss as Middle East Truce Saps Demand
(Bloomberg) -- Gold headed for its second consecutive weekly loss, after a ceasefire between Israel and Iran dented demand for havens.
Philadelphia Transit System Votes to Cut Service by 45%, Hike Fares
US Renters Face Storm of Rising Costs
Squeezed by Crowds, the Roads of Central Park Are Being Reimagined
Mapping the Architectural History of New York's Chinatown
US State Budget Wounds Intensify From Trump, DOGE Policy Shifts
Bullion fell by more than 1% to around $3,291 an ounce on Friday and was down about by more than 2% for the week. The precious metal has generally been confined to a narrow trading band this week, although on Tuesday it slumped as the Middle East rivals honored a ceasefire agreement after almost two weeks of warfare.
The truce has signaled a return to risk-on market sentiment, which continued into Friday after Commerce Secretary Howard Lutnick said in a Bloomberg TV interview that the US and China have finalized a trade framework and the White House has imminent plans to reach agreements with a set of 10 major trading partners. Still, details of any potential deals are vague.
Bullion remains up more than a quarter this year, and is about $200 away from its record high reached in April. Along with geopolitical and trade tensions, it's been supported by robust central-bank buying and increased optimism the Federal Reserve is preparing to resume monetary easing, with lower rates typically a positive for the non-interest-bearing precious metal.
Gold was down 1% to $3,294.47 as of 1:07 p.m. Singapore time. The Bloomberg Dollar Spot Index rose 0.1%. Silver fell. Palladium climbed again and was up around 9% for the week. Platinum fell after hitting the highest level in more than a decade on Thursday.
How to Steal a House
America's Top Consumer-Sentiment Economist Is Worried
Inside Gap's Last-Ditch, Tariff-Addled Turnaround Push
Apple Test-Drives Big-Screen Movie Strategy With F1
Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags
©2025 Bloomberg L.P.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
Century Casinos Announces Sports Betting Partnership With BetMGM in Missouri
MGM Resorts International (NYSE:MGM) is among the 10 Best Casino Stocks To Buy Now. Century Casinos has announced a long-term partnership with MGM Resorts International (NYSE:MGM)'s BetMGM to launch online and mobile sports betting in Missouri at its Century Casino & Hotel Cape Girardeau. Aerial shot of an entertainment resort, its buildings and gaming amenities sprawling along the seafront. BetMGM will use Century's license to run sports betting under the terms of the arrangement, and Century will get a cut of net gaming income, with a minimum guaranteed. The agreement is based on regulatory approvals and permits Century to offer retail sportsbook options at its discretion. Century's strategic position in Missouri's developing sports betting market is strengthened by the agreement. Peter Hoetzinger and Erwin Haitzmann, co-CEOs, stressed the action as a crucial step in improving the value of its licenses in Missouri. BetMGM, founded in 2018 as a joint venture between MGM Resorts International (NYSE:MGM) and Entain Plc, delivers proprietary U.S.-licensed technology and operates major brands like BetMGM, Borgata Casino, and Party Poker. Both companies' goals are to boost their market share and take advantage of the current gaming infrastructure, which is reflected in this agreement. While we acknowledge the potential of MGM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None.
Yahoo
24 minutes ago
- Yahoo
Zacks.com featured highlights Deutsche Bank, Juniper Networks, Astronics and Federated Hermes
Chicago, IL – June 27, 2025 – The stocks in this week's article are Deutsche Bank DB, Juniper Networks JNPR, Astronics ATRO and Federated Hermes FHI. Stocks hitting their 52-week high and delivering consistent performance offer attractive opportunities to investors while building a portfolio. This is because stocks near that level are perceived to be winners. However, stocks touching a new 52-week high are often predisposed to profit-taking, resulting in pullbacks and trend reversals. Moreover, given the high price, investors often wonder if the stock is overpriced. While the speculations are not absolutely baseless, all stocks hitting a 52-week high are not necessarily overpriced. In fact, investors might lose out on top gainers in an attempt to avoid the steep such as Deutsche Bank, Juniper Networks, Astronics and Federated Hermes are expected to maintain their momentum and keep scaling new highs. Extensive information on a stock is necessary to understand whether or not there is scope for further upside. Here, we discuss a strategy to find the right stocks. The strategy borrows from the basics of momentum investing. This technique bets on 'buy high, sell higher.' Many times, stocks that hit a 52-week high fail to scale higher despite having potential. This is because investors fear that the stocks are overvalued and expect the price to crash. In fact, overvaluation is natural for most of these stocks as investors' focus (or willingness to pay a premium) has helped them reach the level. But that does not always indicate an impending decline. Factors such as robust sales, surging profit levels, earnings growth prospects and strategic acquisitions that encourage investors to bet on these stocks could keep them motivated if there is no tangible negative. In other words, the momentum might continue. Also, when a string of positive developments dominates the market, investors find their under-reaction unwarranted, even if there are no company-specific driving forces. Here are four stocks, each sporting a Zacks Rank #1, out of the 14 that made it through the screen: Deutsche Bank Aktiengesellschaft continues to benefit from a well-diversified and steadily expanding deposit base. Over the last three years ending 2024, deposits recorded a compound annual growth rate (CAGR) of 3.3%, reflecting stable inflows and client trust across both retail and corporate channels. As of March 31, 2025, total deposits were €665 billion, reflecting year-over-year growth. The stable deposit balance will strengthen the company's balance sheet. The bank maintains a sound liquidity position, with a liquidity coverage ratio of 134% as of March 31, 2025. Its cash, central bank, and interbank balances totaled €159 billion, compared with only €15.1 billion in short-term borrowings. DB has embarked on a digital transformation drive, focusing on cloud migration, AI, and automation to enhance operational efficiency and client services. In May 2025, Deutsche Bank reinforced its strategic partnership with International Business Machines Corporation (IBM) through a new license agreement, gaining greater access to IBM's advanced software solutions, including the watsonx AI portfolio, to streamline workflows, reduce costs, and enhance client services. The Zacks Consensus Estimate for DB's 2025 earnings has moved north by 5.9% to $3.39 per share in the past 30 days. The company surpassed the Zacks Consensus Estimate in two of the trailing four quarters while missing the same twice, the average negative surprise being 66.85%. Juniper is leveraging the 400-gig cycle to capture hyperscale switching opportunities inside the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. It offers suites of products such as the T4000 core router, QFX data center platform, ACX and PTX packet/optical solution, among others. Juniper is taking significant steps to enhance the adoption of its AI-Native Networking Platform through the introduction of its Blueprint for AI-Native Acceleration. This comprehensive framework is designed to simplify and accelerate the deployment and utilization of AI-driven networking solutions, benefiting enterprises across various sectors. By leveraging Juniper's AI-Native Networking Platform, organizations can expect up to an 85% reduction in operational expenses and a 90% decrease in network trouble tickets. The Zacks Consensus Estimate for JNPR's 2025 earnings has remained steady at $2.08 per share in the past 30 days. The company surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing the same once, the average negative surprise being 1.31%. Astronics is a manufacturer of specialized lighting and electronics for the cockpit, cabin and exteriors of military, commercial transport and private business jet aircraft. Higher commercial transport sales, primarily related to increased demand from airlines for cabin power and in-flight entertainment as well as connectivity products, backed by growing global commercial air traffic, are expected to bolster ATRO's Aerospace business segment's sales. Higher sales from military aircraft markets, backed by enhanced geopolitical tensions worldwide, are likely to aid this unit's sales growth in the near term. Expanding commercial air traffic worldwide remains a major growth catalyst for ATRO. ATRO also enjoys a solid presence in the defense industry, which provides its portfolio with a diversified cushion against any crisis. Evidently, ATRO made good progress last year in its contract for the U.S. Army Future Long Range Assault Aircraft ('FLRAA') program. With prototypes for this program expected to fly in 2026, the development stage of FLRAA is projected to generate $60-$65 million over the next couple of years for ATRO. The Zacks Consensus Estimate for ATRO's 2025 earnings has remained steady at $1.50 per share in the past 30 days. It has a trailing four-quarter earnings surprise of 55.64%, on average. Federated Hermes is well-positioned to gain from its steady improvement in assets under management (AUM). Backed by a diverse asset mix and strategic acquisitions, the company continues to expand its market presence. Additionally, its decent liquidity position supports sustainable capital distribution activities, reinforcing shareholder value. Federated continues to strengthen its foothold in the money market business, with assets reaching a record $637.1 billion as of March 31, 2025, up 10.1% year over year. Increased money market AUM is expected to provide new fund offerings, benefiting both institutional and retail clients. Also, strategic acquisitions of money market assets depict the buoyancy of Federated in the money market business. Federated maintains a solid financial position, ensuring financial stability and flexibility. As of March 31, 2025, the company's cash and other investments totaled $541.8 million, while long-term debt remained manageable at $348.2 million. The Zacks Consensus Estimate for FHI's 2025 earnings has remained steady at $4.28 per share in the past 30 days. It has a trailing four-quarter earnings surprise of 13.08%, on average. Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your trial to the Research Wizard today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. For the rest of this Screen of the Week article please visit at: Follow us on Twitter: Join us on Facebook: Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Phone: 312-265-9268 Email: pr@ Visit: provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Deutsche Bank Aktiengesellschaft (DB) : Free Stock Analysis Report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report Astronics Corporation (ATRO) : Free Stock Analysis Report Federated Hermes, Inc. (FHI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Upturn
25 minutes ago
- Business Upturn
Same Day Payday Loan Instant Approval No Credit Check for Urgent Needs – Radcred Launches Loan Payday Loan Platform for Financial Relief for Borrowers in the U.S.
Glendale, California, June 27, 2025 (GLOBE NEWSWIRE) — Radcred, a leading fintech platform, has introduced a groundbreaking solution for borrowers in need of urgent financial relief: a same-day payday loan platform with instant approval and no credit check. Designed to meet the pressing demands of today's financial landscape, Radcred's new platform offers a streamlined, fast, and secure process for accessing payday loans, regardless of credit history. This innovative service is a direct response to the growing financial pressures faced by Americans, including rising living costs, inflation, and job insecurity. Rising Need for Fast Payday Loans The demand for quick, accessible online payday loans has intensified in recent years. A recent Federal Reserve report revealed that over 60% of Americans couldn't cover a $400 emergency expense without relying on credit cards, borrowing, or selling personal belongings. As inflation continues to rise, families are feeling the strain more than ever. Unexpected bills ranging from medical emergencies to car repairs are forcing many to seek immediate financial solutions. Traditional banks and lenders often take too long, require a good credit score, or impose strict terms, leaving millions underserved. This gap has created a massive demand for platforms that can offer quick, reliable, and easy-to-access payday loans. Radcred's same day payday loan service perfectly fills this need, ensuring that Americans can access the funds they need without the long wait or complex processes typically associated with traditional loans. Radcred's Role in Revolutionizing Payday Lending Radcred's fully online platform offers a fast, convenient, and straightforward solution for accessing payday loans. Unlike traditional payday lenders that require borrowers to visit physical locations, it operates entirely online, allowing borrowers to apply for payday loans from the comfort of their homes. This digital-first approach significantly reduces time constraints and eliminates the need for excessive paperwork. The platform is known for providing no credit check loans . In an industry that often relies on hard credit checks, Radcred's platform only performs soft inquiries, ensuring that your credit score remains unaffected. This makes the service particularly beneficial for borrowers with poor credit or those who have been traditionally shut out of the lending process. The Growing Demand for No Credit Check Payday Loans The demand for payday loans with no credit check is growing rapidly, especially as more individuals face challenges securing financing from traditional sources. According to a recent report by the Consumer Financial Protection Bureau (CFPB), payday lending has become a go-to solution for millions of Americans who are either underbanked or face financial setbacks. The lack of access to traditional bank loans due to poor credit histories has made payday loans a necessary financial lifeline. Radcred's platform provides same day personal loans for bad credit solution that is both convenient and accessible. By removing the need for a hard credit check, it ensures that individuals with poor or no credit history have the opportunity to receive fast loans. With no collateral required and minimal documentation, Radcred's service is making financial assistance available to a broader audience. Why Same Day Payday Loans Are Essential for Today's Borrowers? Unexpected expenses can arise at any time, often when funds are least available. Whether it's an emergency medical bill, a car repair, or overdue rent, having access to fast cash can make all the difference. Traditional loans are often time-consuming, requiring credit checks, paperwork, and extended approval processes. For individuals facing urgent financial situations, these delays can result in missed deadlines, penalties, or additional financial stress. Radcred's same day payday loan service addresses this issue by providing immediate access to funds without the long wait. Borrowers can complete the entire application process in just a few minutes and receive Instant payday loans in as little as a few hours, often on the same day. This quick turnaround is crucial for individuals facing time-sensitive financial issues. Radcred's Easy Loan Process Radcred has simplified the payday loan process to make it as fast and efficient as possible. The entire loan application can be completed online, without the need for in-person visits or cumbersome paperwork. Here's a breakdown of the process: Step 1: Complete the payday loan application online. It takes only a few minutes to provide the necessary details. Step 2: Radcred performs a soft credit check to assess your eligibility for the loan. This does not impact your credit score. Step 3: Based on the information provided, Radcred instantly matches you with a licensed lender offering the loan terms that best fit your needs. Step 4: Review the loan offers, including fees, interest rates, and repayment terms. Choose the loan offer that works for you. Step 5: Accept the offer, and funds are transferred to your bank account, often within hours or on the same day. This streamlined process provides instant funds with minimal hassle. Radcred's digital platform enables borrowers to apply, get approved, and receive funds with minimal effort and maximum speed. Need Emergency Cash? Submit Your Application for Same-Day Payday Loans Radcred vs. Traditional Payday Lenders As more borrowers turn to quick financial solutions, Radcred distinguishes itself from traditional payday lenders by offering online payday loans that are faster, more transparent, and more accessible, particularly for those with bad credit. Here's how Radcred is changing the payday loan landscape compared to traditional lenders. Fully Online Platform Unlike traditional payday lenders that require in-person visits, Radcred's platform is entirely online. Borrowers can apply for bad credit loans anytime, anywhere, making it convenient and accessible. No Credit Check Required Traditional payday lenders rely on hard credit checks, which can impact your credit score. Radcred uses soft inquiries that don't affect your credit, ensuring a smooth, risk-free process. Instant Loan Approval and Same-Day Funding Radcred offers instant loan approvals, speeding up the process and ensuring quick access to funds. Unlike traditional lenders, Radcred guarantees same-day funding, directly transferring money to your bank account. Transparent Loan Terms Radcred provides clear, upfront information about loan amounts, interest rates, fees, and repayment schedules, ensuring no hidden fees or surprises. Flexible Loan Options for Bad Credit Radcred specializes in offering loans for bad credit , making it easier for those with poor credit to qualify. There's no collateral needed, simplifying the process and reducing risk. No Physical Locations Unlike traditional lenders, Radcred operates entirely online, offering privacy and convenience in a secure digital environment. Why Radcred's Service is Perfect for Emergency Payday Loan? Life can be unpredictable, and financial emergencies can arise unexpectedly. Whether it's a medical bill, car repair, or overdue rent, having quick access to funds is crucial. For those with poor credit, traditional lenders may be inaccessible. Radcred's same-day payday loans provide a fast, digital solution. The platform's simple application process offers instant loans for bad credit , with funds transferred in hours, ensuring relief when it's needed most. Unlike traditional loans that take days, Radcred's service allows borrowers to access cash almost immediately, offering essential financial support during urgent situations. Legal & Compliance Information Radcred's platform ensures full legal and regulatory compliance by partnering only with licensed lenders who adhere to state and federal lending laws. This guarantees that all loan offers are transparent and legally compliant. The loan application process follows strict data security protocols, utilizing encryption technology to protect users' personal and financial information. Radcred also adheres to all payday lending regulations, ensuring loan amounts, interest rates, and repayment terms are clearly outlined. Borrowers are encouraged to carefully review all terms and conditions before accepting a loan offer, ensuring full understanding and transparency throughout the process. About Radcred Founded in 2018, Radcred is a U.S.-based fintech platform designed to help individuals access payday loans quickly and efficiently. The platform connects borrowers with licensed lenders offering payday loans, eliminating the lengthy application processes and strict credit checks typically associated with traditional lenders. With a focus on convenience, speed, and transparency, Radcred has quickly gained recognition as a trusted provider of fast, no-credit-check payday loans. Final Thoughts: Same Day Payday Loans for Immediate Relief Radcred's same day payday loan platform provides a fast and efficient solution for individuals facing urgent financial challenges. With a simple online application, no credit check, and funds available within hours, the service is a lifeline for many Americans. Whether it's an emergency medical bill, car repair, or overdue rent, Radcred ensures that borrowers have access to the funds they need, when they need them. Disclaimer Radcred is not a lender and does not make credit decisions. Third-party lenders make loan offers, determine APRs, establish repayment terms, and approve or deny applications. Loan amounts and availability may vary by state and applicant qualification. Always review the terms and conditions before accepting a loan. Payday loans are intended for short-term use and may not be suitable for long-term financial planning. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
