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Gold prices extended their record run on Monday as the latest data showing a slowing U.S. inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut in June.Lower interest rates reduce the opportunity cost of holding bullion.Spot gold was up 1% at $2,254.71 per ounce…

Turkey’s opposition won a stunning victory across several major cities in the country’s local elections Sunday, dealing a severe blow to President Recep Tayyip Erdogan’s ruling party and handing it its largest defeat in more than two decades.”Those who do not understand the nation’s message will eventually lose,” Istanbul Mayor…

Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000.”Get off zero,” the Morgan Creek Capital Management CEO and chief investment officer told CNBC’s “Fast Money” this week.Yusko thinks investors should have at least 1% to 3% allocated to bitcoin in their portfolios. “Bitcoin…

Tech stocks have helped power indices higher in the past several months, with the mega-caps continuing to dominate until recently. One area of the tech arena that’s not performed as well in the past couple of months is software, which has faced a long consolidation after a big run. One…

At least one member of the Republican National Committee is working to slow Donald Trump’s attempted takeover of the organization by pushing to keep the committee neutral until Trump is officially the presidential nominee and avoid picking up his legal bills.Two draft resolutions are being circulated by Henry Barbour, a…

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