Gold Hits $4,000 (And Investors Are Getting Nervous)
Gold futures surpass $4,000 per ounce for first time, marking 43rd record high of 2025 as Ray Dalio recommends 15% portfolio allocation. Private data shows just 17,000 jobs added last month while inflation expectations rise during government shutdown. Tesla unveils cheaper Model Y and Model 3 versions, but stock drops 4% as investors wanted new products. Confluent exploring sale with private equity interest, sending shares up 20% after losing quarter of value in 2025. Real estate investors bought one-third of single-family homes in Q2, highest share in five years. Chi-Chi's reopens in Twin Cities with fully booked reservations two decades after hepatitis outbreak closure. Amazon's two-day Prime Big Deal Days offers up to 34% off iPads and Apple accessories. And PayPal pops nearly 5% on new website advertising feature for small business customers.
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