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Gold Futures Settle Higher For 2nd Straight Day

WASHINGTON (dpa-AFX) - Gold futures settled higher on Thursday, extending gains to a second straight day, as the dollar lost some ground and the yield on U.S. bonds dropped a bit.Data showing an ....

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Gold Futures Settle Lower For The Session, Edge Higher After Fed Announces Policy

Gold Futures Settle Lower For The Session, Edge Higher After Fed Announces Policy
WASHINGTON (dpa-AFX) - Gold prices edged lower on Wednesday and pushed the most active gold futures contracts to a weak close as rising Treasury yields weighed on the commodity.
However, after settling lower for the session, gold futures edged up a bit after the Federal Reserve left its policy rates unchanged and said it is unlikely to hike rates till 2023.
The dollar index, which was staying above the flat line since morning, fell after the Federal Reserve left rates unchanged and said a hike is unlikely till 2023. The dollar index was down 0.25% at 91.64 a little while ago. ....

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Purdue Makes New Offer To Settle Role In Opioid Crisis

Purdue Makes New Offer To Settle Role In Opioid Crisis
US dru
gmaker Purdue Pharma filed a new bankruptcy plan that would see its founders pay an additional $1.5 billion to settle the company s role in the devastating opioid crisis.
The offer made in a restructuring plan filed late on Monday was rejected by two dozen state attorneys general, who said it falls short.
We are disappointed in this plan. While it contains improvements over the proposal that Purdue announced and we rejected in September 2019, it falls short of the accountability that families and survivors deserve, the state officials said in a joint statement. ....

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Gold Futures Settle Marginally Higher

WASHINGTON (dpa-AFX) - Gold prices moved higher on Tuesday, lifting the most active gold futures contract to a two-week closing higher, as traders looked ahead to the Federal Reserve's monetary ....

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Verizon Communications : Launches $25 Billion Bond Sale to Pay for 5G Spectrum -- Update

By Nina Trentmann
Verizon Communications Inc. is raising $25 billion in new debt to help it settle a bill for spectrum licenses coming due this month.
The cellphone carrier in February won more than half of the wireless airwaves offered in a U.S. government auction and pledged $45.5 billion for them, plus roughly $8 billion in additional clearing payments to help existing license users move to other bands. The new spectrum rights could help Verizon expand the reach and bandwidth of its fifth-generation wireless offering.
Verizon paid a first installment of $8.2 billion to the Federal Communications Commission on Wednesday, and will use the proceeds of the bond sale launched Thursday to pay the roughly $36.4 billion owed to the FCC by March 24, Chief Financial Officer Matthew Ellis said. ....

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