Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Daniel Povey, a professor who was fired by Johns Hopkins University, said he will no longer go work at Facebook after the company asked him to work as a contractor while it...Technologyread more
Markets would like Fed Chairman Jerome Powell to clarify whether the Fed sees itself at the beginning of a serious, longer-term rate cutting cycle.Market Insiderread more
In comparative terms, CEOs now make on average 278 times the average worker's salary, according to the Economic Policy Institute.Executive Compensationread more
The former cellmate's lawyer, Bruce Barket, told NBC that officials at the jailhouse said in an email that Tartaglione would face no charges or internal discipline now that...Politicsread more
Roger Stone and the Department of Justice have been sparring for a month over whether jurors can be shown a 4-minute-and-20-second clip from the film.Politicsread more
As part of his new proposal to combat hate and violence, O'Rourke wants to make social media companies liable for users' hateful content.Technologyread more
Gold fell on Friday, retreating from more than two-month highs hit in the previous session, as global equity markets recovered some poise from dramatic losses.
Spot gold was down 0.4 percent at $1,218.76 an ounce, after jumping about 2.5 percent on Thursday as a selloff in equities sent investors toward safe-haven assets. Prices hit their highest since July 31 at $1,226.27 on Thursday.
Gold has risen about 1.5 percent this week, on track for its biggest weekly gain in seven.
"The markets have kind of stabilized and things have calmed down a bit and the sort of momentum for gold to push higher is not with us at the moment," said Macquarie commodity strategist Matthew Turner.
Global shares were having their strongest day in nearly a month on Friday as European and Asian markets recovered from a brutal selloff that left them set for their worst week since February.
Despite gold's sharpest one-day percentage gain since June 2016 on Thursday, the precious metal is still down about 11 percent from a peak in April as investors bought dollars as the U.S.-China trade war unfolded against a backdrop of rising U.S. interest rates.
"We could see some bounce like this as the futures market is extremely short. But, ultimately prices are going to drift down as the U.S. Federal Reserve is still tightening and rates are going up, while the dollar is still firm. The fundamentals for gold are still weak," Turner said.
Thursday's surge helped bullion break above a narrow trading range it has been stuck in for the past 1-1/2 months.
"We need to wait to see how the stock markets are performing later in the day," said MKS head of trading Afshin Nabavi.
"Breakout for gold on Thursday was around $1,207 to $1,212 and if prices break down to that level again, it would be a good entry point for gold."
Spot gold may extend its gains to $1,237 per ounce, as suggested by a Fibonacci ratio analysis, according to Reuters technical analyst Wang Tao.
"Gold is trading fairly close to the 100-day moving average at $1,228. There should be plenty of resistance but a close above that level could signal a move higher," MKS PAMP Group traders said in a note.
Meanwhile, palladium was down 0.8 percent at $1,068.20, after hitting its highest since Jan. 26 at $1,096.80 in the previous session.