Spot gold prices slumped more than 8% on Friday, falling below the $5,000 an ounce for the first time since January 23, while spot silver plummeted to $91.6 per ounce from $115.6 in the previous session.
There’s no doubt about it: big U.S. banks enjoyed a banner year in 2025, with the six largest financial institutions up an average 42% last year, mostly thanks to continued high interest rates, robust merger and acquisition activity, and a friendlier White House, regulatory-wise, than the previous four years.
Amazon's latest layoffs highlight an evolution in corporate strategy, where job cuts signal discipline, not crisis, reshaping worker loyalty, job security, and the modern employer‑employee relationship.
White House National Economic Advisor Kevin Hassett, once touted to be the top choice to be the next Federal Reserve Chair, said in a CNBC interview on Friday that he is not disappointed that he did not get the nomination.
In 2026, five comeback stocks are expected to rise with Novo Nordisk leading the pack after receiving FDA approval for its oral GLP-1 treatment and UnitedHealth Group negotiating with the Trump administration for favorable Medicare rates.
The FTSE remains poised for its longest monthly winning streak in over 12 years and is also set to achieve weekly gains following losses in the prior week.
