Author: i2wtc

(Bloomberg) — Gold prices fell to their biggest drop in more than two years after a surprisingly strong key U.S. jobs report dashed hopes that the Federal Reserve could soon start cutting borrowing costs.Most read articles on BloombergTreasury yields and the dollar surged after the U.S. government’s May jobs report showed job growth beat expectations and wages rose.Gold fell 3.1%, its biggest drop since March 2022, and base metals also fell.”The strong jobs data has put a big damper on expectations of a rate cut, which rose last week,” said Ole Hansen, head of product strategy at Saxo Bank AS.…

Breanna Stewart’s life off the court As an openly queer athlete, it’s important to Stewart to help LGBTQ+ youth struggling with their identity, and this Pride Month she partnered with Uninterrupted and Athlete Ally to provide a safe space for young people to ask questions. “I think it’s really important because it’s Pride month, but it’s also important to make sure it continues beyond that month. It helps me embrace and understand who I really am and who I am. I hope that if any kids that are struggling have questions, they can come to someone like me as a…

“Currently, the Chinese authorities are also planning a visit to Tibet by several European External Action Service officials responsible for human rights,” European Union foreign affairs spokeswoman Nabila Maslari said.Long-standing EU-China exchanges have been a regular feature on the diplomatic calendar for many years. Photo: ShutterstockThe EU team will be led by Paola Pampaloni, Deputy Commander for Asia within the EU Diplomatic Corps.A visit to Tibet would surely attract attention – European delegations are rarely allowed into the isolated region, and Brussels has long been a vocal critic of Beijing over human rights abuses there.In a statement marking Human Rights…

BEIJING (AP) — Beijing is ready to work with Islamabad to build an upgraded version of an economic corridor linking the two countries, China’s leader said. Xi Jinping He spoke to visiting Pakistani Prime Minister Shehbaz Sharif on Friday.According to a report of the meeting posted online by state broadcaster CCTV, Sharif pledged to ensure the safety of Chinese workers in Pakistan. He reportedly expressed the government’s condolences over the deaths of five Chinese engineers in a suicide bombing in Pakistan in March who were working on a dam-building project in the South Asian country.The Pakistani leader is nearing the…

Consumers struggling with inflation are buying less of the pricey pretzels and chips.Campbell Soup (CPB) surprised some on Wall Street this week by reporting that sales at its snacks division, which carries products ranging from Snyder’s L’ance Pretzels to Cape Cod Chips and Goldfish Crackers, fell 1% in the most recent quarter.Volumes were down 2% last quarter.“I think what we really saw this quarter was a normalization of the growth line. [for snacks] “And we’re seeing some increased pressures as it relates to the broader economy,” Campbell Soup CEO Mark Close told Yahoo Finance (video above).Close doesn’t think there’s anything…

WASHINGTON (AP) — There was a glorious moment this week when the country’s ongoing political crisis was swept away by the comedic powers of an angelic and extremely feisty 6-year-old. When Rep. John Rhodes (R-Tenn.) was giving an impassioned defense of former President Donald Trump, his young son, Guy, sprang into action. As C-Span filmed the moment, Guy appeared to be having a great time, grimacing at the camera, sticking out his tongue and rolling his eyes. The nation responded with a bipartisan outburst of pure joy. Even Sen. Mitch McConnell’s press secretary joined in the laughter. Guy’s moment in…

Two of the seven defendants on a federal fraud trial in Minnesota have ignored a court order to return a list of personal information about jurors in a case where they were allegedly offered cash bribes in exchange for acquittals, a lawyer for one of the defendants claims. All of the defendants, their lawyers and prosecutors had access to the list provided by the court in April when their trial over alleged misuse of COVID-19 relief funds began, the officials said. The judge ordered the defendants to return the jury rolls once jury selection was completed at the end of…

Will Hackner’s involvement with football began in an unconventional way. The Outloud Sports CEO said that as a child, the sport was heavily associated with bullying, to the point that “in my 17 years at Outloud Sports, football was not a sport I wanted to play and I actively avoided it.” But when the Rams reached out to Hackner to suggest they start a football league together, and showed their support and clear understanding of the local community and an increased passion for football, it struck a chord with Hackner. “Now we have four seasons of football per year, a…

Sports by Matt Levy Published June 7, 2024, 12:01 PM ET Vivid Seats is an official ticketing partner of the New York Post and may earn revenue from this partnership if you share or purchase this content. The United States cricket team stunned the world on Thursday, June 6th. World No. 18 and player of the game Monankh Patel and his valiant team recorded a surprise win in the super over (tiebreaker) against sixth-seeded Pakistan, who were overwhelming favourites, in Dallas. “I’m happy with the win,” Patel said after the match. “It was our first time playing against Pakistan in…

This week’s four-game series between the Baltimore Orioles and the Toronto Blue Jays was a roller coaster of highs and lows.The Orioles dominated the first two games of the series, outscoring the Blue Jays 17-3 and making Toronto manager John Schneider regret his comments that Baltimore was not the 1927 New York Yankees.But the series turned around in Game 3 on Wednesday when the Orioles’ offense finally went cold and the Blue Jays won a hard-fought pitching duel. The game was tied 2-2 for much of the game, but Baltimore’s reliable closer Craig Kimbrel stumbled in the bottom of the…