Saturday, February 7

Market News

  • How the Debt Problem is Fueling the Gold Market
    on February 7, 2026 at 3:04 pm

    The price of gold has experienced significant volatility this year, rising past $5,500 an ounce before plummeting in a matter of days. Yet overall, gold prices remain elevated from recent years and that’s led to soaring profits for Australia’s miners. We travelled to Western Australia to see firsthand how those miners are putting their money to work, and also spoke with Robin Brooks of the Brookings Institution about why gold prices could go higher this year. (Source: Bloomberg)

  • Buried in Debt, Chicago’s Last Racetrack Is Running Out of Time
    by Miranda Davis on February 7, 2026 at 2:00 pm

    Horse racing was never really a glamorous business at Hawthorne Race Course. Built in 1891, it’s a hardscrabble, little track tucked into an industrial zone just outside Chicago, a companion venue to the more chic Arlington Park on the city’s north side.

  • Wild Week of Trading Leaves Pockmarks Across US Equity Landscape
    by Geoffrey Morgan, Alexandra Semenova on February 7, 2026 at 2:00 pm

    Precious metals memed out, Bitcoin flamed out and the labor market looks like it’s petering out. None of it started in the equities market, but together it was enough — along with a reckoning for software firms — to shake the foundation of an AI-driven bull run.

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