U.S. employment growth ground to a halt in August as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.
The laws of reflection and refraction may not be a universal law after all.The above fun-house images were produced by researchers at the Harvard School of Engineering and Applied Sciences (SEAS), who have induced light rays to behave in a way that defies the laws of reflection and refraction.
Gold rose to a 1-1/2 week high on Friday, benefiting from caution about the euro zone debt crisis and ahead of the key U.S. non-farm payrolls data which is likely to underscore the frail state of the world's largest economy.
Gold prices held steady on Friday as investors stood on the sidelines ahead of a key U.S. payrolls report due later in the day, after recent data sent mixed signals about the status of the world's largest economy.
Europe's most indebted nations are under heavy pressure from their richer neighbors to sort out their finances, but they are unlikely to mimic the impoverished gentlefolk of old by selling off the family silver -- or in their case, gold -- to do so.
Some of the world's richest families are cutting their holdings in gold to take profits on the run-up in prices and are buying high-end art to preserve their wealth during market turmoil, an executive advising these families.
Gold prices held steady Friday as investors stood on the sidelines ahead of a key U.S. payrolls report due later in the day
A Florida family that amassed a $40 million fortune by claiming to possess clairvoyant powers for the past 20 years, has been charged with swindling victims, including a best-selling romance author who gave $20 million.
The value of palladium, the least known of the world's four major precious metals, is set to rise this year, perhaps more sharply than its more popular cousins.
Gold prices slipped a bit Thursday as a stronger dollar and signs that the U.S. economy is growing and avoiding a double-dip recession.
Golden Star Resources said it has resumed mining at its Pampe gold deposit in Ghana, a move that will help increase overall production and slash cash operating costs at the Bogoso/Prestea mine in the region.
Gold fell Thursday on indications from both sides of the Atlantic that economic activity was picking up, a development that encouraged investors to leave various so-called safe-having investments like gold and Treasuries for the promise of equities.
Romania's top environmental official objected Thursday to plans for a huge gold mine that recently received a key governmental approval, but the head of the mining venture responded by saying his project's environmental standards will be among the highest in the world.
AuRico Gold is having a difficult time escaping the image of being a miner more prone to delivering disappointment than gold bars.
South Africa's National Union of Mineworkers (NUM) said on Thursday it had reached a two-year wage deal with ALS, a contractor working at Harmony Gold's Kalgold mine.
The Shanghai branch of British bank Barclays has won approval to become a trading member of the Shanghai Gold Exchange, the seventh foreign financial institute to obtain such membership, said the exchange on its Web site.
Gold prices recovered some early losses on Thursday after European stock markets fell, snapping a three-day rally, and as investors weighed up the prospect of a fresh round of quantitative easing from the U.S. Federal Reserve.
Australia's Adamus Resources said on Thursday it expects a friendly takeover by Canada's Endeavour Mining Corp to be completed in early November, creating a West Africa-focused company producing a quarter million ounces of gold annually by 2013.
Golden Predator Corp. acquired the Livingstone district in the Canada's Yukon, raising its land holdings in the region by about 43 percent.
Asian stocks rose on Thursday following gains on Wall Street, with technology and consumer shares outperforming, and credit spreads tightened on optimism central banks around the world will have to do more to support industrial activity.
Asian stocks rose Thursday following gains on Wall Street, with technology and consumer shares outperforming, and credit spreads tightened on optimism that central banks worldwide will have to do more to support industrial activity.
American Bernard Lagat ran like a million bucks to win his 5,000 meters heat at the world championships on Thursday, while Britain's Mo Farah managed to stay out of trouble in a physical second heat to cruise into the final.
