The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
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
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread 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
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread 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
* Gold faces strong resistance at $1,290 - analysts
* Palladium touches lowest in four months (Adds comments, updates prices)
May 9 (Reuters) - Gold prices gained on Thursday as a spike in trade tensions between the United States and China renewed fears of a global economic slowdown and forced investors to seek lower-risk assets.
Spot gold edged up 0.3 percent to $1,284.32 per ounce by 0957 GMT, having climbed to its highest since April 15 at $1,291.39 on Wednesday.
U.S. gold futures were also 0.3 percent higher, at $1,285.20 an ounce.
"Gold has been fairly well supported in the last few trading sessions as a result of deterioration in the trade talks between the U.S. and China," ING analyst Warren Patterson said.
"The broader commodity complex has come under significant pressure because the trade talks seem to be falling apart and we are seeing that rush towards safe-haven assets."
Bullion, along with the Japanese yen and U.S. Treasuries, is seen as an alternative investment in times of political and financial uncertainty. The yen surged to a three-month high against the dollar.
Markets are awaiting two-day negotiations between China and the United States, with U.S. President Donald Trump having threatened to increase tariffs on $200 billion worth of Chinese goods on Friday.
Trump said China "broke the deal" in negotiations with Washington and vowed not to back down on imposing new tariffs unless Beijing "stops cheating our workers."
Trade fears triggered a global sell-off in equities and inflamed concerns of a slowdown in global growth. World shares tumbled for a fourth day running on Thursday.
While gold has drawn support due to risk-averse markets, prices have not been able to register a significant uptrend with the $1,290 level further acting as a key technical barrier.
"The precious metal has struggled to hold bullish gains as the technical overview remains negative," Singapore-based Phillip Futures said in a note.
"A continuation of the negative trend scenario ... will see market forces test the key support of $1,274."
Spot gold may fall into a range of $1,267-$1,274, as it failed to break resistance at $1,291, Reuters technical analyst Wang Tao said.
Among other metals, silver was down 0.2 percent at $14.81 per ounce, while platinum fell 0.1 percent to $855.39.
Palladium slipped 1.5 percent to $1,298.45 per ounce, having touched its lowest since Jan. 8 at $1,292 earlier in the session. (Reporting by Brijesh Patel and Arijit Bose in Bengaluru; Editing by Dale Hudson)