Upper Saddle River

Upper Saddle River News

  • Copper Falls for Second Day on Signs U.S. Demand May Falter

    Copper futures fell for the second straight day as a government report showing job growth trailed estimates triggered concerns that demand will falter in the U.S., the world’s second-biggest user of the metal.

  • Gold Trades Above Five-Week Low as Ukraine, Rates Weighed

    Gold fell to a five-week low in New York as signs of economic recovery in the U.S. boosted speculation the Federal Reserve will further pare stimulus, curbing demand for the precious metal as a store of value.

  • Rock-Climbing Generation at Foot of U.S. Startup Ascent: Economy

    Lucas Kovalcik and Tim Walsh turned their passion for rock climbing into a business. Their success helps show why U.S. entrepreneurship probably is about to get a shot in the arm.

  • Gold Bulls Run for $1,400 as Turmoil in Ukraine Spurs Demand

    Gold traders are setting their sights on $1,400 an ounce, a price not reached since September, as the worst standoff between the West and Russia since the end of the Cold War increases demand for the metal as a haven.

  • Copper Set for Longest Slump in 27 Years on Factory Data

    Copper dropped for a 10th day, heading for the longest losing streak since at least April 1986, on signs of weakening demand after manufacturing slowed in China and the U.S., the world’s top metals consumers.

  • Silver Posts Longest Rally in 45 Years on Rising Haven Demand

    Silver posted the longest rally in at least 45 years on demand for an investment alternative amid concerns that the global economy will falter.

  • Copper Traders Are Bearish for a Third Week Amid Demand Concerns

    Copper traders, analysts are bearish for 3rd wk on concern demand for metal in China, biggest user, will slow. * Survey results: Bullish: 6 Bearish: 11 Neutral: 2 * Copper rose 0.3% in Shanghai today as markets reopened after Lunar New Year holiday * “The return of China from holiday will do little in my view,” Bill O’Neill, a partner at Logic Advisors in Upper Saddle River, New Jersey, said by e-mail * “Market is suffering from emerging market concerns and nervous equities. In this atmosphere, copper will have a difficult time near-term. Traders seem to be ignoring LME inventory movements. Funds seem to have little interest in buying,” O’Neill said * NOTE: Copper stockpiles tracked by LME down 20% in past yr * Copper rose 1.3% this wk to $7,154.50/t

  • Copper Extends Longest Slump in 18 Years on Slow Demand Concerns

    Copper prices are poised for a 10th session of losses of New York, extending the longest slump in 18 years, on signs of weakening demand after manufacturing slowed in China and the U.S., the world’s top metals consumers.

  • Silver Leads Precious Metals Rally on Rising Haven Demand

    Silver prices, which jumped the most in more than four months yesterday, may extend a rally today as as signs that the U.S. economy is slowing boosted the appeal of haven assets.

  • Tax Cap Hits N.J.’s Richest

    The days of on-demand trash pickup are dwindling for residents of Millburn, the northern New Jersey community best known for The Mall at Short Hills, where Cartier diamonds meet Dior fashions.

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