Amazon’s MGM Studios (AMZN) is getting creative control of the storied “James Bond” franchise as the company looks to deepen its position in the streaming wars, the company announced on Thursday. The studio will form a joint venture to acquire the intellectual property rights from producers Barbara Broccoli and her stepbrother Michael Wilson. The pair,
US stocks pulled back on Thursday as investors scrutinized Walmart (WMT) earnings and trod carefully amid the fallout from President Trump’s planned tariffs and policy shifts. The S&P 500 (^GSPC) dropped 0.6% after the benchmark closed at a record high for the second day in a row on Wednesday. The Dow Jones Industrial Average (^DJI)
The Federal Reserve held interest rates steady at its meeting in January. The minutes from that meeting, released on Wednesday, revealed most Fed officials supported holding policy at restrictive levels. “Many participants noted that the Committee could hold the policy rate at a restrictive level if the economy remained strong and inflation remained elevated, while
Gold’s (GC=F) glittering run in 2025 may have more room to rise higher, Goldman Sachs believes. On Tuesday, the investment bank lifted its year-end price target for gold to $3,100 an ounce, from $2,890 previously. Goldman said “structurally higher” central bank demand will add 9% to the price of gold by the end of the
US stocks bounced back on Monday as investors looked beyond President Trump’s latest tariff threats, including new levies on steel and aluminum imports. The Dow Jones Industrial Average (^DJI) added 0.2% after the blue-chip index on Friday booked its worst loss in nearly four weeks. The S&P 500 (^GSPC) rose roughly 0.6%, while the Nasdaq