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September 19, 2024

Gold Holds Gains after US Rate Cut

Gold prices stabilized Thursday after hitting a record high in the previous session after the Federal Reserve decided to cut interest rates significantly.

Spot gold was little changed at $2,562.85 per ounce, after scaling a record high of $2,599.92 o…

Tunisia, Iraq Agree to Boost Tourism Cooperation and Investment

Tunisian Minister of Tourism Sofiane Tekaya and Iraqi Minister of Culture, Tourism, and Antiquities Ahmed Fakak Al-Badrani have agreed to strengthen cooperation in the tourism sector through the implementation of a set of training programs and the hol…

US Crude Inventories Hits Lowest Level Last Week

US crude oil stockpiles dipped to their lowest level in a year last week, while fuel inventories rose, the Energy Information Administration (EIA) said.

Crude inventories fell by 1.6 million barrels to 417.5 million barrels in the week ending Sept. 1…

US Stocks Close Slightly Lower

– US stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points.

The S and P 500 lost 16.37 points, or 0.29%, to end at 5,618.21 points, while the Nasdaq Composite los…