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Gold, silver extend record-breaking rallies as uncertainty persists

Buzz line1 month ago03 mins

Jan 14 (Reuters) – Gold surged to a record high on Wednesday, with silver rising in its wake, as geopolitical and economic uncertainties drove investors toward safe-haven assets while expectations of Federal Reserve rate cuts added further momentum. Spot gold was 0.9% higher at $4,628.68 per ounce by 01:38 pm ET (1838 GMT), after earlier…

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US labor productivity hits two-year high to 4.9% in Q3, inflationary pressures on wages eased

Buzz line2 months ago04 mins

US labor productivity grew faster in the third quarter, reaching its highest rate in two years in the third quarter of 2025, which supports evidence that increases in efficiency are helping to reduce inflationary pressures on wages, Bloomberg reported. Productivity, or non-farm employee output per hour, increased at an annualized rate of 4.9% following a…

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