Gold and silver have reached all-time highs, driven by escalating geopolitical tensions and expectations of US interest rate cuts. This surge marks the strongest annual performance for both metals since 1979, with investors and central banks fueling demand amidst concerns over currency debasement and ballooning debt.
From department stores to grocery stores, most retailers across the U.S. close early on Christmas Eve and shut their doors entirely on Christmas Day while others opt to cut back hours.
Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the Trump administration and slumping demand for a product that needs years of aging before it is ready.