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Amazon, Target and UPS are laying off thousands of employees, but the reasons behind the cuts go a lot deeper than AI.

Gold (XAU/USD) remains under pressure on Tuesday, weighed down by a stronger US Dollar (USD) and a cautious tone from the Federal Reserve (Fed). At the time of writing, XAU/USD is trading around $3,970, down nearly 1% on the day, after recovering modestly from an intraday low near $3,928.

CRE deal trends in September reveal several themes: Flight to quality, economic uncertainty hitting the hotel sector hard, and a growing interest in two sectors.

It has been a frustrating decline, but we still view this weakness in the stock as a long-term buying opportunity.

CEO Dara Khosrowshahi said the company saw one of its strongest trip volume increases in history.

The British Pound (GBP) remains under pressure against the US Dollar (USD) on Tuesday, with GBP/USD falling to its lowest level since April 11 amid broad-based Greenback strength and growing fiscal concerns in the United Kingdom (UK).

Gold prices have been volatile today.

They fell sharply early in US trading on a jump in the US dollar and drop in equities. But the early angst has faded somewhat in all asset classes and gold has rebounded. From as low as $3929, gold has bounced to $3966, though it’s still down $35 on the day.

Zooming out, this continues to look like consolidation after a big run up in September/October. That said, you would like to see a stronger bounce off the bottom if the case is that we range in the $3800 to $4400 zone. Right now we’re skidding along the bottom of that.

The fundamental trade has been dented somewhat by the make-up from the US and China, along with the possibility that the Supreme Court could kneecap tariffs and that the Fed might pause. The flipside of that is that all those headlines were distinctively negative recently and prices hasn’t been hit that hard.

This article was written by Adam Button at investinglive.com.

The streaming platform had 281 million premium subscribers for the quarter, coming in just below StreetAccount expectations.

AUD/USD falls on Tuesday, trading around 0.6500 at the time of writing, down 0.60% on the day. The Australian Dollar (AUD) extends losses after the Reserve Bank of Australia (RBA) decided to keep its Official Cash Rate (OCR) steady at 3.6%, as widely expected by markets.

Analysts say the popularity of “KPop Demon Hunters” could spread to all of K-culture, including cosmetics and food products.