Gold heads for 3rd straight loss as dollar, Treasury yields climb

Silver futures retreat more than 1% Gold futures fell for the third session in a row Monday, hit by strength in the dollar and gains in Treasury yields, as the 10-year note drew ever closer to 3%. June gold GCM8 was down $7.70, or 0.6%, to $1,330.60 an ounce. That puts the metal down more than 2% … More Gold heads for 3rd straight loss as dollar, Treasury yields climb

Cryptocurrencies add to climb as appetite for altcoins grows

Digital assets moved higher Friday, looking to build on gains over the past 48 hours. After two losing days to begin the week, bitcoin, the No. 1 digital currency, is more than 5% off its Tuesday low and at its highest level since Mar. 26. The price of a single bitcoin BTCUSD last changed hands at $8,483.23, … More Cryptocurrencies add to climb as appetite for altcoins grows

Jeff Bezos: Amazon employees should start meetings by reading memos ‘with the clarity of angels singing’

Amazon’s CEO says employees don’t do PowerPoint or any other slide-oriented presentations during meetings Executives at Amazon have an eccentric — and nerve-wracking — way to begin meetings. Amazon AMZN CEO Jeff Bezos wrote in his annual shareholders’ letter that they don’t do PowerPoint presentations at Amazon. “Instead, we write narratively structured six-page memos,” he said. “We … More Jeff Bezos: Amazon employees should start meetings by reading memos ‘with the clarity of angels singing’

Oil price rise on optimism ahead of U.S. supply data

Oil futures rose Wednesday, after the American Petroleum Institute issued bullish U.S. inventory data. May West Texas Intermediate crude CLK8, edged up by 61 cents, or 0.9%, to $67.13 a barrel, after closing up 0.5% on Tuesday. June Brent LCOM8 the global crude benchmark, gained 65 cents, or 0.9%, to $72.23 a barrel, after inching up 0.2% on Tuesday. … More Oil price rise on optimism ahead of U.S. supply data

Facebook is leaving the technology sector, and that may be good news for tech investors

There’s a major upheaval coming to the information technology sector, and while it may be dreaded by the investors who embrace the industry because of its high levels of growth, the changes may ultimately result in a group of stocks that’s both less risky and more attractively valued. Changes to MSCI’s and S&P Dow Jones’s … More Facebook is leaving the technology sector, and that may be good news for tech investors

Russian Begins Blocking Messaging App Telegram

Russia’s communications watchdog said Monday it has begun enforcing a nationwide ban for the popular messaging app Telegram. Telecommunications providers have been instructed to block Telegram in Russia after a court last week sided with authorities who demanded that the app be kept of the country until it hands over the keys to its data … More Russian Begins Blocking Messaging App Telegram

Germany: Merkel’s Party Strikes Cautious Note On Euro Reform

Chancellor Angela Merkel’s party says the rights of Germany’s parliament must be preserved as the eurozone rescue fund is converted into a “European Monetary Fund,” and that the EU’s Executive Commission shouldn’t have sole control of the new body. Germany and France aim to agree on proposals for European Union changes by June. French President … More Germany: Merkel’s Party Strikes Cautious Note On Euro Reform