Gold ended the week at $4,194.64 after a forceful rebound, leaving Wall Street evenly split at 50% bullish while Main Street remained cautious ahead of pivotal CPI and PPI releases next week.
Vance linked Microsoft’s 6,000 layoffs to its 6,258 H-1B approvals, but federal data shows most approvals involved existing employees, while larger sponsors Amazon and Meta were not suspended from the government’s green card sponsorship program.
Gold approached $4,200 as weak sentiment and slowing payroll growth supported demand, but elevated inflation expectations, Treasury yields and December rate increase risk kept the market caught between economic weakness and persistent price pressures.
Palantir reached a record close after bullish calls from Barclays and Goldman Sachs highlighted its competitive position, field engineering model, artificial intelligence agents, and potential for another phase of market outperformance into 2027.
After hundreds of weaker malls disappeared, operators invested billions in the survivors, adding stronger dining and entertainment options. JLL’s Naveen Jaggi says those changes are helping make malls cool destinations for teenagers once again.
Older Americans could release 13.9 million homes over the next decade, lifting inventory and helping families seeking larger properties. But the expected wave may offer little relief to first time buyers competing for scarce starter homes.
Warren Buffett’s evenings feature unexpected YouTube discoveries, from vintage entertainment to Charlie Munger appearances, while Berkshire Hathaway continues expanding its Lennar position despite a share decline exceeding 25%.
Major banks approach third quarter earnings after a blockbuster first half, but surging rates, softer trading, expensive funding, and delayed public listings could expose whether Wall Street’s profit boom can survive tighter financial conditions.
Hollywood’s new slate examines leading technology figures as polling reveals deep public concern about artificial intelligence and data centers, raising questions about whether powerful films could further reshape perceptions of the industry.
Trump’s committee will weigh mortgage fraud allegations against Lisa Cook at a Nov. 5 hearing, but it cannot remove her. Any decision to fire the Fed governor rests with Trump and would likely provoke another prolonged Supreme Court fight.
Supreme Court justices appeared skeptical of an underperformance claim lacking a meaningful benchmark, potentially strengthening Intel’s position and giving some 401(k) sponsors greater confidence to consider private investments despite continuing litigation concerns.
Trump’s Russian diesel agreement promises additional global supply and lower prices, but lawmakers, policy experts and Ukraine argue that easing restrictions contradicts recent sanctions and risks restoring revenue to Moscow during the war.
Record demand for Nvidia GPUs has created a sprawling market of hyperscalers, neoclouds, private capacity deals and customer owned hardware, even as tight supplies and rising prices complicate the race for artificial intelligence computing power.
The Labor Department is blocking new Permanent Labor Certification applications from Microsoft, Adobe and several consulting companies as the Trump administration increases scrutiny of foreign hiring and demands stronger evidence that employers are putting American workers first.
Peter Schiff argues that surging Treasury yields expose mounting federal debt pressure while strengthening the case for gold and silver, even as he warns of 9% mortgages, falling home prices and a possible restructuring at 50 cents on the dollar.
Gold advanced while silver retreated as a strong Treasury auction eased yield pressure late Thursday. Surging oil prices, inflation concerns and the possibility of Fed tightening later this year continued to shape trading across metals, bonds and equities.