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US jobless claims soar 33,000 to highest since early August 2023

Istanbul: The number of Americans filing first-time unemployment claims soared by 33,000 last week to 258,000, according to Labor Department data released Thursday.

That marked the highest level of initial claims since Aug. 5, 2023 when it was 258,00…

Price of gold hits highest quarterly gain since 2016

ISTANBUL: The ounce price of gold saw its highest quarterly gain since 2016 in July-September amid interest rate cuts by central banks and geopolitical tensions leading to rising demand for the safe-haven asset.

The ounce price of gold saw a record h…

Serbia to sign major energy deal with US next week

BELGRADE: Serbian President Aleksandar Vucic announced on Thursday that the country will sign a major energy contract with the US next week that will meet the country’s growing demand for the commodity for several years ahead.

‘Next week, we will sig…