Gold prices edged higher on Tuesday, helped by a weaker dollar and worries over a second surge in coronavirus cases, although the safe-haven metal held a narrow range as investors' focus on next week's U.S. presidential election.
Crude rebounded on Tuesday as companies shut down some U.S. Gulf of Mexico oil production ahead of an approaching storm, although surging coronavirus infections and rising Libyan supply limited gains.
Pelosi criticized the White House ahead of her latest coronavirus stimulus discussions with Steven Mnuchin and as cases hit record highs.
New Hampshire Gov. Chris Sununu said on CNBC on Monday that Americans would "probably be a little better" off if the entire House and Senate were replaced.
Black restaurants in New York have seen revenue decline as much as 80% since the start of the pandemic. To help, Black Restaurant Week is coming to the city even with indoor dining restrictions and other Covid-19 concerns.
The dollar lost a little ground against most currencies on Friday after a measured U.S. presidential debate and headed for weekly losses as investors waited for a breakthrough in stimulus talks in Washington and post-Brexit trade negotiations.
Gold eased on Friday as the dollar recouped some losses, but uncertainty going into the Nov. 3 U.S. elections limited bullion's losses.
"The economy is solid, but desperately needs help from all sides —from a vaccine, from a stimulus, etc. In that case, I think you want to be a little cautious," Wall Street veteran Art Cashin told CNBC on Thursday.
Pelosi plans to speak to Treasury Secretary Steven Mnuchin again as they try to strike a coronavirus stimulus deal before the 2020 election.
U.S. stock futures pointed to a mixed open as investors deal with earnings and jobless claims data, and uncertainty over stimulus talks and the election.
"I think the price of not doing something is even higher," the Florida Republican told CNBC.
U.S. stock futures pointed to a mixed open as investors deal with earnings and jobless claims data, and uncertainty over stimulus talks and the election.
"Let them go bankrupt," O'Leary said of airlines, whose industry is expected to burn $77 billion in cash in the second half of 2020.
The dollar index ticked higher on Thursday, easing off a seven-week low as hopes for a coronavirus aid package ahead of the U.S. elections faded and COVID-19 cases surged around the world, giving a slight bid to safe-haven assets like the greenback.
Pelosi and Mnuchin will continue their talks as they try to resolve differences over coronavirus stimulus ahead of the 2020 election.
Senate Republicans tried to pass an aid bill as Pelosi and Mnuchin negotiate a coronavirus stimulus bill that would cost at least $1.9 trillion.
The White House and Democrats say they are now closer to making a deal on another round of fiscal stimulus before the Nov. 3 election. Here's where the negotiations stand.
U.S. stock futures were little changed Wednesday morning as investors monitor coronavirus stimulus talks.
U.S. stock futures were steady Wednesday morning as investors monitor coronavirus stimulus talks.
Gold rose 1% to its highest in over a week on Wednesday as investor optimism that a U.S. coronavirus aid package will be announced before the Nov. 3 presidential elections pressured the dollar and bolstered bullion's appeal as an inflation hedge.
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