Business

Gold slips on strong dollar, Fed rate hike comments

Strong surge in dollar and Donald Trump's- the President Elect of US- plans for economy is pulling down gold prices. USA gold futures settled down 0.6 percent at $1,216.90 per ounce. "Since the gold market has absorbed the likelihood of a December rate rise, we do not think Mr. Bullard's rate comments were especially price-negative", said James Steel, chief metals analyst for HSBC Securities.

Business

OPEC Members Prepared for November Meeting

The members agreed in Algiers, Algeria on September 28 to limit supply with special conditions given to Libya, Nigeria and Iran , whose output has been hit by wars and sanctions. The dollar sprinted to its 13-year high against a basket of major currencies on comments by U.S. Federal Reserve Chair Janet Yellen, who said the interest rate increase could happen "relatively soon", indicating high chances of the rate hike in December.

Business

Recent snow is good news for Purgatory skiers

Sometimes the temperatures are too warm to get snow. "Overall, expect a full return to winter on Thursday and Friday". "We were really hoping that we could email you and say that Taos Ski Valley would be opening for the 2016-17 season on November 24th, but due to recent warm and dry weather we will not be able to start the season next week", the message reads.

Business

Rutgers University Professor Sent To Psych Ward Due To Anti-Trump Tweets

Soon after, Allred was transported to Bellevue Hospital in Manhattan, where he was "forced to undergo a psychiatric evaluation", he wrote on Twitter. He has also returned to Twitter to give his thoughts on the comparative propriety of his psychiatric exam. He also tweeted about the gun rights asking if conservatives would care as much about the Second Amendment if gun violence killed more white people.

Business

Toronto police looking for stolen van with several dogs inside

It was stolen at 215 Fort York Blvd. near Bathurst Street while one of the company's workers was picking up another dog. Police say a dog walker was loading their van at 11:30 a.m. The van had between 12 and 15 dogs in it at the time it was taken. "Please don't turn off the AC", Fordero said in an interview with CP24, pleading with the thief.

Business

HMCS Vancouver heading to New Zealand to help natural disaster victims

A convoy of 27 military trucks reached the quake-stricken New Zealand town of Kaikoura on Friday, five days after the seaside community was completely cut off by huge landslides caused by a 7.8-magnitude natural disaster that killed two people.


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