Business


Gold climbs as dollar and U.S. bond yields retreat

The precious metal ended the previous session with gains of 0.39%. Gold edged lower on Tuesday as the U.S. dollar steadied, with markets on edge ahead of a meeting this week that could see oil producers curb output. Europe's main stock markets fell. The index is a measure of the dollar against a basket of major currencies. The metal has fallen 7 percent so far this month, as the dollar and bond yields benefited from heightened expectations of enlarged fiscal spending by U.S.



Federal Judge Blocks New FLSA Overtime Rule

The states' case was consolidated with another lawsuit filed by the U.S. Chamber of Commerce and other business groups, which raised similar objections to the rule. "There was a huge number of people between the old level and the new level, and for some businesses the hard costs will be quite expensive", Clough said.



Even with holiday creep, Black Friday is a big shopping day

Store executives say they see customers doing more research online before they go shop. This weekend is crucial to set the tone for the holiday season. "I don't like the idea of it", said Lauren Glynn. "I've been here on other Black Fridays and it was bad, but I guess this year because of the hours it's not bad".



Trump says he's trying to get Carrier to keep jobs in US

As an exhausted country escaped for a much-needed Thanksgiving holiday, allegations surfaced that vote tallies may have been doctored in three critical states. On Wednesday, however, Trump and his colleagues had nothing but kind words for each other. In a Republican presidential primary debate in February, Mr.



Brexit vote means £122bn extra debt: Hammond

Hammond said the projected growth slowdown was due to "lower investment and weaker consumer demand, driven ... by greater uncertainty and by higher inflation resulting from sterling depreciation". Mr Hammond also told MPs that the OBR had forecast growth would be 2.4 percentage points lower because of Brexit. On the chances of Mr Hammond wiping out the deficit by 2012, Mr Chote said: "That will be quite a challenge, especially if he needs or decides to borrow more during this Parliament".


Court Enjoins Labor Department From Enforcing New Overtime Rule

Court Enjoins Labor Department From Enforcing New Overtime Rule

Employers have been scrambling to make changes so they comply with the new overtime rules, with some already notifying some workers that their salaries will be bumped up to or above the new $47,500 threshold to make them exempt from overtime.