Searchlight Resources Inc. (TSXV:SRCH) is pleased to announce that it has entered into an option agreement (theRead full newsRead More

NEW YORK (Reuters) - A sell-off in U.S. Treasuries pushed yields to multi-year peaks on Thursday as robust economic data and hawkish speeches by Federal Reserve officials stoked concerns about inflation, weighing on stock markets globally.The yield on the benchmark 10-year note hit a high of 3.232 percent following data released the previous day that was seen as increasing the odds a payrolls repo...Read More

WASHINGTON (Reuters) - Republican U.S. Senator Susan Collins said on Thursday she believed the FBI probe of sexual misconduct allegations against Supreme Court nominee Brett Kavanaugh was thorough.“It appears to be a very thorough investigation,” Collins told reporters. Collins was one of the moderate Republicans on the Senate Judiciary Committee who pushed for a supplemental backgroun...Read More

The DJI and Nasdaq are down triple digitsU.S. stocks are getting drilled today, with both the Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) down triple digits. FAANG stocks are in the red, after Bloomberg said Apple (AAPL) and Amazon (AMZN) were victims of a hardware attack by Chinese spies. Meanwhile, robust economic data and upbeat comments from Fed Chair Jerome Powell have sent...Read More

BRUSSELS (Reuters) - European Union negotiators see the outline of a compromise on the Irish border issue which is holding up Brexit talks, EU sources told Reuters on Thursday, raising hopes that a new British offer could unlock a deal.Prime Minister Theresa May has promised new proposals and sketchy details seen so far have found a tentative welcome in Brussels.“This is a step in the right...Read More

A remote part of South Australia is home to the world's largest lithium-ion battery.Read full newsRead More

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which should continue to underpin economic growth.The labor market, which is viewed as being near or at full employment, is steadily boosting wage growth, which could help to support consumer spending as the stimulus from the Trump admin...Read More

Put buyers have reduced their exposure to the small-cap trackerThe iShares Russell 2000 ETF (IWM) took a quick bounce off its 200-day moving average back in early April, and has since added 12% to trade at $164.98. More recently, the shares of the small-cap tracker spent September retreating from record-high territory, and while a recent options signal suggests IWM could rebound sharply in the sho...Read More

ROME (Reuters) - Italian Deputy Prime Minister Luigi Di Maio said on Thursday that the economic growth targets in the government’s multi-year budget plan will not exceed 1.5 or 1.6 percent per year.“I think we should settle on a number that allows us to stay in the standards of a budget that will be presented to Europe, so no higher than 1.5 or 1.6 percent GDP growth,” Di Maio to...Read More

Many have pinned Tesla's Model 3 to be an important competitor to the BMW 3 Series and the vehicle is already being quite disruptive in the segment. Now BMW itself admits this as it reports its U.S...Read full newsRead More

"The Tesla revolution just shifted into high gear... $TSLA https://t.co/arC9DVspNA"Read full newsRead More

VIENNA (Reuters) - The dangers linked to Brexit for Europe continue to be underestimated, European Central Bank policymaker Ewald Nowotny said on Thursday.“In Europe we have ... the challenges emerging from Brexit,” Nowotny, who sits on the ECB’s Governing Council as the head of Austria’s central bank, told a conference on financial supervision.“I personally believe t...Read More

(Reuters) - U.S. stocks fell broadly on Thursday, mirroring weakness in the global markets, as government bond yields surged to multi-year highs on robust U.S. economic data and optimistic views from the Federal Reserve.Ten of the 11 major S&P sectors were lower, led by a 1 percent drop in the communication services sector .SPLRCL, where heavyweights such as Facebook (FB.O) fell 1.2 percent, a...Read More

While a desire for the return of the gold standard might be the realm of anti-establishment economists, internet conspiracy theorists, and Donald Trump (who arguably qualifies for both the aforementioned categories), choosing to hold gold as an asset is proving increasingly popular amongst some of the world's most important central banks.With the current political and economic uncertainty affectin...Read More

ST. LOUIS (Reuters) - Federal Reserve Vice Chair Randal Quarles said on Thursday the world’s central banks, including the Fed, risked “quite bad” outcomes if they let themselves be influenced by political considerations.“The outcomes of central banking, particularly in monetary policy, but also in financial regulation, can turn out to be quite bad if they are too subject to...Read More

Avino has been hit by a triple whammy of factors, none of which impact operations which are going very well.These include a mad rush in Canada into marijuana from gold, recent dilution, and lower silver and gold prices.Yet, Avino is solidly profitable, diversified between copper, silver and gold, is growing rapidly and has a strong balance sheet.It's always a sign a bull market is nearing an end w...Read More

NEW YORK (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages edged down as longer-dated bond yields had retreated on curve-flattening trades following the Federal Reserve's widely expected rate increase last week, Freddie Mac said on Thursday.Borrowing costs on 30-year mortgages, the most widely held home loan type in the United States, averaged 4.71 percent in the week ended Oct. 4, w...Read More

COPENHAGEN (Reuters) - Danske Bank (DANSKE.CO) faces a U.S. criminal investigation into a 200 billion euro ($230 billion) money laundering scandal at its Estonian branch which has rocked investor faith in Denmark’s biggest lender and forced its chief executive to quit.Shares in Danske Bank have lost a third of their value this year on fears of a U.S. inquiry because of the potential for sign...Read More

TOKYO, Oct 4 (Reuters) - Global miner Glencore and Japan's Tohoku Electric Power agreed on a price of $109.77 per tonne for supplies of thermal coal from Australia for the year through September 2019, according to a source with direct knowledge of the matter.The agreed price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 16 percent higher than the contrac...Read More

WASHINGTON (Reuters) - The U.S. Treasury on Thursday issued new North Korea-related sanctions that target a Turkish company and two Turkish individuals among others, according to the department's website.The Turkish company targeted is SIA Falcon International Group. The sanctions also target a North Korean citizen, according to the website.Reporting by Doina Chiacu; Editing by Steve Orlofsky Dis...Read More