Kenworth T880S Set-Forward Axle Adds Optional Fixed Grille

Gold Analyst Says Rally Is Short-Term, Prices Will Recede To $1,600 By Year's End

Gold has rallied over the past month, but it's a short-term rally, according to one analyst.If the global economy finds its feet over the second half of 2020, safe haven purchases of gold are likely to ease substantially, with the commodity's price falling back to $1,600 by the end of 2020.On Wednesday, the shares of several gold and silver companies were trading higher as equities gained amid a potential stabilization in oil prices.Capital Economics analyst Oliver Allen said that while gold has rallied over the past month, he doesn't think that it will continue to outperform most other asset classes.The GSCI Precious Metals Index, in which the weight of gold is 90%, will be the worst-performing headline index among those tracked by the Capital Economics asset allocation service, he said. The index has returned almost 15% over the past month, Allen said. "Of the headline indices that we cover on our...

Counting the Biggest Winners of the $7.2 Billion U.S. Coronavirus Battle

(Bloomberg) -- The federal government has awarded $7.2 billion in contracts to fight the coronavirus pandemic, including one that would pay a little-known Massachusetts biotech firm more than its reported revenue for the last three years combined.The award to Moderna Inc. is just one example of the thousands of federal contracts awarded by the Trump administration to fight the coronavirus, according to a review of federal data compiled by Bloomberg Government. Some companies have secured nine-figure deals to supply thousands of ventilators, face masks, hospital capacity and other critical services needed to manage the outbreak.Amsterdam-based Royal Philips NV has so far been the top corporate recipient with some $661.4 million in agreements. The vast majority of that sum came on April 8 via a $646.7 million contract to procure ventilators from the health technology giant’s Philips Electronics North America unit.Health and Human Services last week awarded seven contracts worth a combined...