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Gold price a bit weaker but bulls have stabilized market – Kitco NEWS

Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments

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(Kitco News) Gold futures prices are modestly lower in early U.S. trading Thursday and silver is solidly higher. Importantly, bulls appear to have stabilized both markets following Tuesday’s downside debacle. October gold futures were last down $6.60 an ounce at $1,933.90. September Comex silver prices were last…

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Target to pay more than $70 million in bonuses to hourly employees ahead of holidays – CNBC

Target said Monday that it will spend more than $70 million on another round of employee bonuses during the coronavirus pandemic.

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Target said Monday that it will spend more than $70 million on another round of employee bonuses during the coronavirus pandemic, as the holiday shopping season picks up.
The retailer will pay $200 to its more than 350,000 employees who work at stores, distribution centers and contact centers, according to a post on its corporate website. It will pay the bonuses by early November.
Grocers and big-box retailers, including Walmart, Amazon and Kroger, temporarily increased pay and gave bonuses to…

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Cruise ship rescues 24 people from sinking boat off the coast of Florida – CNN

Cruise ships are mostly standing idle due to the pandemic, but that hasn’t stopped one “ghost’ vessel jumping into action to rescue 24 people from a sinking boa…

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(CNN) Cruise ships are mostly standing idle due to the pandemic, but that hasn’t stopped one “ghost’ vessel jumping into action to rescue 24 people from a sinking boat.
Carnival Sensation, an 855-foot-long vessel that usually accommodates over 2,000 passengers, spotted the boat struggling in international waters 37 miles off the coast of Palm Beach, Florida on Saturday, according to Carnival Cruise Line.
Carnival Sensation is one of hundreds of cruise ships currently operating with no passeng…

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Dr. Scott Gottlieb: U.S. is in the 7th inning of the pandemic but the ‘hardest part’ is likely ahead – CNBC

Rising Covid-19 cases across the nation indicate the U.S. is “entering a pretty difficult period,” the former FDA chief said.

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Dr. Scott Gottlieb warned on Monday that the U.S. is likely to face even bigger challenges from the coronavirus pandemic as cases rise this fall without widely available treatments or a vaccine.
“We’re going to get through it. We’re probably in the 7th inning of the acute phase of this pandemic right now, but the hardest part is probably ahead,” Gottlieb said on CNBC’s “Squawk Box.”
The former U.S. Food and Drug Administration commissioner pointed to the increasing number of new daily Covid-19…

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