The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Since its IPO 15 years ago, Google has become more and more powerful. Today, that power is being highly scrutinized.Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
The president said the Fed has been hampered by a "horrendous lack of vision" and said it should institute 100 basis points worth of reductions in its benchmark rate.Marketsread more
Investors should be careful not to buy or sell stocks based on last week's brief inversion of the yield curve in the bond market, CNBC's Jim Cramer warns.Investingread more
The service will be available on popular platforms such as Apple TV, Google Chromecast and Roku, but not Amazon's Fire TV.Technologyread more
"If he had brought all of his data to the SEC first, he would reap potentially, up to 30% of the potential recovery," says former SEC Chairman Harvey Pitt.Investingread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
Despite recent falls in the price of gold, now may be the time to add exposure to the precious metal thanks to demand from Asia, experts suggest.
Gold prices performed well earlier through 2016, hitting a two-year high of $1,366 per ounce in July this year, but have since slumped. Prices are down 6 percent over the past two weeks and finished around $1,254 at the end of Monday trading. Year-to-date, gold prices are up 18 percent.
However, many are seeing this as a price correction, which may be a good opportunity for investors looking to add exposure to the yellow metal and build more favourable positions.
According to experts at UBS, gold is trading above its 200-day moving average and pent-up demand in China may prove beneficial.
"We think that the recent price correction and sizeable decline in positioning improves the risk-reward for gold, allowing those who are looking to build longer-term gold exposures to build positions at better levels," said Joni Teves, a UBS strategist, in a research note.
"Given cross-currents of factors and risks, we think there is room for investors to be patient in terms of timing the rebuilding of gold positions from here."
The main reason for gold's recent slip is the rising strength of the dollar, as well as strong yields on U.S. bonds.
But several factors are set to boost gold prices into the end of the year.
"With India as one of the world's largest gold consumers approaching the festive season, we are optimistic that a surge in demand will push the market prices internationally," said chief executive and Founder of Sun Global Investments, Mihir Kapadia, in a press release.
"Other international factors we are taking into consideration include the US Presidential elections and the Fed interest rates where Gold and the dollar can rally."
On the other hand, some remain bearish about the prospects of gold.
"In the longer term, prices are on a gradual downtrend reflecting the fading of safe-haven demand on the back of slowly receding growth risks and contained inflationary pressures. In the short term, prices fluctuate with the US dollar and shifting expectations about the next interest-rate hike," warned Norbert Rücker, head of commodities research at Julius Baer, in a note.
"The lack of safe-haven buying, the risk of profit taking on futures markets and the outlook for a stronger U.S. dollar suggest further pressure on gold and we thus maintain a cautious view."
Follow CNBC International on and Facebook.