Business & Economics

548 stories · Page 10 of 55

Gold Brushes $5,000/oz Ahead of Akshaya Tritiya, Reordering Markets Worldwide

In mid-April 2026, spot gold pierced the $4,800-per-ounce mark—an all-time high just before India’s Akshaya Tritiya—sending Indian buyers toward recycled and digital gold, legislators in several U.S. states toward ‘transactional gold’ bills, and miners and ETFs rushing to capitalise on the price spike.

Meta Schedules May 20 AI Reorg Layoff of 8,000 Workers

On 20 May 2026, Meta will dismiss roughly 8,000 employees—about one-tenth of its workforce—in the first of at least two planned layoff waves meant to fund and accelerate the company’s huge artificial-intelligence pivot.

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