Latest news with #Melek
Wall Street Journal
02-05-2025
- Business
- Wall Street Journal
Gold Consolidates; Fundamentals Solid Despite Recent Selloff
2346 GMT — Gold consolidates in the early Asian session. Despite the recent selloff, gold's fundamentals remain solid, TD Securities' Bart Melek says in a research report. 'It's likely too late to make tariff deals which would prevent an economic slowdown and higher inflation, implying the Fed may well cut rates in a de-facto stagflationary environment,' the head of Commodity Strategy says. 'At the same time, many relationships between the U.S. and key trading and strategic partners have been broken, suggesting a slow pivot away from USD and Treasurys will continue to happen, he says.' This implies market participants should again tilt toward the precious metal, Melek adds. Spot gold is 0.1% lower at $3,238.05/oz. (
Wall Street Journal
04-04-2025
- Business
- Wall Street Journal
Oil Edges Lower, Weighed by U.S. Tariffs, OPEC+ Supply Increase
0026 GMT — Oil edges lower in the morning Asian session, weighed by U.S. tariffs and OPEC+'s supply increase. The U.S. tariffs and retaliation from targeted countries suggest that crude oil demand will be weaker than previously forecast, TD Securities' Bart Melek says in a research report. Demand will probably increase by less than 1 million barrels per day, while supply will likely grow by 'materially' more than that, resulting in a robust surplus over next nine months, the head of commodity strategy says. There may be 'more (oil price) downside in the cards,' Melek adds. Front-month WTI crude oil futures are 0.2% lower at $66.82/bbl; front-month Brent crude oil futures are 0.2% lower at $70.02/bbl. (
Yahoo
12-03-2025
- Business
- Yahoo
New all-day breakfast diner coming to Dauphin County
HARRISBURG, Pa. (WHTM) — A new all-day breakfast diner will be making its Dauphin County debut in the coming weeks. Local business owner Marina Melek will soon be opening the new Jonestown Diner, which will occupy a space at 4010 Jonestown Road in Harrisburg. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Once open, the new Jonestown Diner will become Melek's third eating establishment in the Midstate. According to Melek, she is also the owner of the Eisenhower Diner in Hanover and the Moonlight Diner in Carlisle. Melek says that the Jonestown Diner is undergoing renovations but will soon be capable of seating between 130 and 150 guests at a time. The new Jonestown Diner will offer a 'pretty big menu', offering all-day breakfast options, lunch, and dinner. Some of the meals Melek mentioned include burgers, steaks, Italian food, stir fry, handmade soups, and daily specials. Once open, the diner's hours of operation will start off being: Sundays – Thursdays // 6 a.m. to 10 p.m. Fridays – Saturdays // 6 a.m. to Midnight Currently, the Jonestown Diner is slated to open at some point in mid-April 2025. abc27 news will keep you updated as more information becomes available. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
