Browsing: economic uncertainty

Las Vegas tourism dropped 11.3% in June as visitors recoil from soaring prices, luxury pivots, and rising visa fees impacting international travel

Gold holds above $3,000 as markets seek clarity on Trump’s tariffs amid inflation concerns and a weaker U.S. dollar.

The European Commission opposes Trump’s reciprocal trade policy, warning it could disrupt markets, fuel inflation, and harm businesses, vowing to protect EU industries from unfair tariffs.

Gold prices soared 26% in 2024, closing at $2,626 per ounce, fueled by U.S. Federal Reserve rate cuts and economic uncertainty, signaling a strong performance for safe-haven assets.

As Wall Street grows bullish, gold prices might hit $3,000 next year, driven by geopolitical tensions and central bank buys.

China ramps up oil reserves, facing a drop in imports and refinery activity, reflecting broader sector challenges.