MarketWatch

Gold prices declined on Monday, extending their loss from last week, as an escalating conflict with Iran drove fears of sticky inflation on the back of surging prices of oil, and investors again took shelter in the dollar.

“I earn $100, 000 and I’m currently shouldering the mortgage, maintenance — specific to a co-op — and normal kid expenses.”

Higher prices will push inflation upward in 2025, limiting the Federal Reserve’s ability to cushion the soft U.S. labor market, said former Pimco CEO Mohamed El-Erian.

Crude prices were surging on Monday amid signs that the Iran conflict wasn’t de-escalating, and as some major oil producers were reportedly forced to cut production.

Hims & Hers shares jumped more than 50% in premarket trade on Monday after ending a dispute with Novo Nordisk by striking a partnership with the Danish drug giant.

Microsoft is evolving its Copilot offering from chatbot to agent through a new arrangement with Anthropic.

Airline stocks were set to continue their recent sharp selloff amid fears that travel demand will drop as the escalating Middle East conflict sends crude oil prices above $100 a barrel.

Shares of Ticketmaster parent Live Nation rallied toward their biggest gain in nearly a year, as analysts don’t see the settlement as helping competition to gain traction.