Gold breaks $2,600 barrier as Fed cut bets prolong historic run

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[Learn more here.]( [Gold breaks $2,600 barrier as Fed cut bets prolong historic run]( (Reuters) - Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the Middle East.Spot gold was up 1.3% at $2,620.63 per ounce by 1:43 p.m. ET (1743 GMT), while U.S. gold futures settled 1.2% higher to ... [Read More >>]( [The #1 AI stock right now? [Not NVDA, TSLA, MSFT] [sponsor]]( A famous trader says they're a distraction. Instead, he's doing this. [FREE AI demo & ticker.]( [J&J subsidiary files for bankruptcy to advance $8 billion talc settlement]( J&J's Red River Talc unit made its filing in the U.S. Bankruptcy Court for the Southern District of Texas. J&J faces lawsuits from more than 62,000 claimants who alleged that its baby powder and other talc products were contaminated with asbestos and caused ovarian and other cancers.J&J denies the allegations ... 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