Author: Lucas

Retail sales volumes have risen for the fourth month in a row, driven by consumers buying gold online and new tech gadgets. Monthly sales rose by 0.5% in September 2025, new figures from the Office for National Statistics (ONS) show, defying an expected decrease of -0.2%. “Although food stores saw very little growth, good weather in July and August boosted sales of clothing, while online retailing also did well,” said ONS senior statistician Hannah Finselbach. Tech sales were boosted over the summer by the launch of Nintendo’s long-awaited Switch 2 gaming console and Apple’s iPhone 17.Within non-store retailing, online jewellers…

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The FTSE 100 rose to a fresh record high to 9,600 as Natwest provided the latest lift to the blue chips. Gold and oil have both pulled back a bit this morning, while bitcoin is higher. Spot gold has found a bit of near-term resistance around the $4,150 level and has pulled back under $4,070 this morning – seems to maybe want to retest the key support at $4,000. Meanwhile, gold buying has boosted UK retail sales figures: that and the iPhone 17.The FTSE hit an intraday record on Thursday, driven by oil stocks as crude prices surged on US…

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Investing.com — Gold and silver mining stocks fell sharply as precious metal prices pulled back from recent record highs, with silver miners experiencing the steepest declines. Barrick Mining (NYSE:B), Agnico Eagle Mines (NYSE:AEM), Kinross Gold (NYSE:KGC), Newmont (NYSE:NEM), Eldorado Gold (NYSE:EGO), and AngloGold Ashanti (NYSE:AU) all fell 4% on the day. Gold Fields (NYSE:GFI) dropped 6%, while silver miners faced even larger losses, with Pan American Silver (NYSE:PAAS) and Hecla Mining (NYSE:HL) falling 6%, First Majestic Silver (NYSE:AG) and Coeur Mining (NYSE:CDE) declining 7%, and Endeavour Silver (NYSE:EXK) tumbling 8%. The selloff came as gold prices retreated from Monday’s all-time…

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HII PASCAGOULA, Miss., Oct. 20, 2025 (GLOBE NEWSWIRE) — HII (NYSE: HII) hosted leaders from HD Hyundai Heavy Industries (HHI) at the company’s Ingalls Shipbuilding division this month for a three-day engagement to advance joint goals of the memorandum of understanding signed by the two companies in April. During the visit, leaders from HII and HHI exchanged insights on shipbuilding technology and manufacturing processes, discussing both commercial and military shipbuilding opportunities. “As our partnership with HHI continues to evolve, this visit allowed us to demonstrate the expertise of our Ingalls shipbuilders and the significant investment made in technology in our shipyard…

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NEW YORK, NY, October 24, 2025 (EZ Newswire) — The commercial real estate industry is entering a pivotal era of technological transformation, and Hutfin, opens new tab is emerging as one of the most disruptive players leading the charge. With its next-generation proptech platform, Hutfin is redefining how properties are listed, financed, and transacted; bringing unprecedented transparency, speed, and accessibility to an industry long overdue for innovation.The Rise of CRE Tech: Why Hutfin Stands Out in a Crowded MarketThe commercial real estate (CRE) industry is in the midst of a transformation that is long overdue. For decades, the sector has…

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More than a million state pensioners are being hit with HMRC tax bills for interest they earned on their savings accounts.Figures by investment platform AJ Bell show that 1,160,000 state pensioners are expected to pay Income Tax to HMRC on their savings for this current financial year, 2025-26. The firm said that nearly half of the 2.64M taxpayers paying tax on savings interest will be state pensioners.AJ Bell says it highlight concerns over the increasing number of people hit with tax bills for savings as interest rates rise and Income Tax thresholds remain frozen in place.Currently, the Personal Savings Allowance…

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EconomyFive-year blueprint signals confidence amid US tensions, nods to weak spendingChinese officials report on the outcome of the fourth plenum of the Chinese Communist Party Central Committee in Beijing on Oct. 24. © ReutersWATARU SUZUKI and LORRETTA CHENOctober 24, 2025 16:25 JSTSHANGHAI/HONG KONG — Senior Chinese officials on Friday emphasized that Beijing will double down on enhancing the country’s vast manufacturing industry over the next five years, while offering few tangible answers to global concerns about chronic overcapacity and weak demand. Source link

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Deep-pocketed investors have adopted a bullish approach towards Constellation Energy (NASDAQ:CEG), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CEG usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga’s options scanner highlighted 57 extraordinary options activities for Constellation Energy. This level of activity is out of the ordinary.The general mood among these heavyweight investors is divided, with 49% leaning bullish and 29% bearish. Among these notable options,…

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