Gold falls on firm dollar, spotlight on Fed's rate decision
Gold pure gold bar models captured in Shanghai, China on March 15, 2026.
Cfoto | Future Publishing | Getty Images
Gold retreated on Tuesday, weighed down by a firm dollar, as investors hunkered down for the Federal Reserve’s policy verdict at the end of its two-day meeting this week for insight into the direction of U.S.
» Read more about: Gold falls on firm dollar, spotlight on Fed's rate decision »
Read MoreTwo VIPB-managed mutual funds declare up to 5% cash dividends for FY26
Highlights:
- VIPB SEBL 1st Unit Fund declares 5% cash dividend
- VIPB NLI 1st Unit Fund announces 4% cash dividend
- Both funds generated total returns of around 20% in FY26
- Company attributes performance to disciplined value-investing strategy
Two open-ended mutual funds managed by VIPB Asset Management Company Limited have announced cash dividends for the fiscal year ended 30 June 2026 after posting strong returns.
» Read more about: Two VIPB-managed mutual funds declare up to 5% cash dividends for FY26 »
Read MoreUS Federal Reserve’s direction of travel on interest rates has rarely been this opaque
The outcome of Wednesday’s US Federal Reserve meeting, the second under chairman Kevin Warsh, is one of the most unpredictable in years.
Markets, in the main, are expecting the central bank to hold interest rates steady, but some observers say a moderate rate hike in response to spiking oil prices isn’t off the table.
Read MoreFactSet expands partnership with RepRisk to strengthen sustainable investing solutions suite for clients
RepRisk will complement FactSet’s existing sustainable investing solutions with risk intelligence insights to support clients across the investment lifecycle, while expanding a long-standing partnership that has delivered RepRisk data through FactSet channels since 2012.
ZURICH,
The Federal Reserve’s favored measure of inflation rose 3.7% last month, above its 2% target
Published Thursday, July 30, 2026 | 5:39 a.m.
Updated 1 hour, 26 minutes ago
WASHINGTON (AP) — The Federal Reserve’s favored measure of inflation rose 3.7% last month, above its 2% target.
The Burst
1 Rare Stock Buffett Is Buying
Warren Buffett has spent 2024 stockpiling cash, even going so far as to sell off sizeable pieces of some of his largest investments. Recently, though, Berkshire Hathaway announced that it had made some modest acquisitions, including the addition of nearly 388,000 shares of domain name registry service Verisign (NASDAQ:VRSN).
These purchases brought Berkshire Hathaway’s holdings in Verisign to 13.2 million shares,
» Read more about: 1 Rare Stock Buffett Is Buying »
Read MoreThe Ivy
Wall Street’s Favorite Sleeper in the AI Infrastructure Boom?
Data streaming might sound like a back-office technology, the kind of thing only engineers care about, but it’s quickly becoming a foundational pillar of the digital world. And while most investors are busy chasing flashy AI stocks, one lesser-known name sits quietly at the heart of this infrastructure shift, Confluent (NASDAQ: CFLT).
» Read more about: Wall Street’s Favorite Sleeper in the AI Infrastructure Boom? »
Read MoreThe Spotlight
Spotlight: What to Buy If Things Get Crazy Soon
Among the first lessons any great investor learns is “Don’t Fight The Fed.” Simply put, it means when the Fed is accommodative and engaging in quantitative easing, money is cheap and economies boom. Some call this the Fed Put because as markets fall, the Federal Reserve acts swiftly to provide liquid support by buying bonds.
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