Shares of Fresnillo and Endeavour Mining fell as gold prices dropped to their lowest in nearly two weeks, influenced by expectations of further US interest rate hikes after Federal Reserve warnings. Fresnillo fell 3% initially but later recovered slightly, while Endeavour Mining declined up to 3.9%. The decline in gold prices pressures mining companies' earnings due to the impact on selling prices and margins. Investors are now focusing on upcoming US labor market data, which could influence future rate decisions and gold prices.
In August 2026, Binance recorded a historic $15.7 billion in inflows, driven by Bitcoin's price surge past $80,000 and a broader crypto market rebound. This inflow accounted for over 75% of all centralized exchange liquidity, far surpassing competito...
Energy Fuels CEO Bhappu sold 14,375 shares of the company to cover tax withholding obligations. This transaction is a routine financial move related to tax compliance and does not indicate a change in company leadership or strategy. Investors should ...
UnitedHealthcare, the largest U.S. health insurer, announced it will no longer require prior approval for 1,700 diagnostic codes related to various treatments starting October 1, 2026. This move aims to reduce administrative burdens by 30% by the end...
Donald Trump Jr.'s venture fund, 1789 Capital, is leading a $1 billion funding round for Polymarket, investing $300 million and valuing the prediction market platform at $21 billion. This follows previous investments by 1789 Capital and Intercontinen...
Tsakos Energy Navigation (TEN), a Greek family-led shipping company, sold a Very Large Crude Carrier (VLCC) for $83 million after paying off debt, boosting its financial stability. The company is also diversifying its fleet by acquiring a second LNG ...
