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Gallup: Family of four needs an average $58,000 a year

NEW YORK, Oct. 18 (UPI) -- Gold for December slipped Thursday on the Comex division of the New York Mercantile Exchange as equities posted losses on Wall Street.
Gold closed at $1,742.20 per troy ounce, down $10.80. Silver shed 44 cent to $32.78.
The dollar was broadly higher in Asia and Europe with the dollar index up 0.42 percent to 79.37 on the International Exchange.
The euro fell to $1.3066 from Thursday's $1.312. Against the yen, the dollar rose to 79.26 yen from 78.97 yen.
The British pound fell to $1.6047, while the Canadian dollar fell to 98.58 cents.
The dollar dropped to 7.7502 Hong Kong dollar from 7.7513.
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TEHRAN, May 21 (UPI) --
Iran will invest $16 billion in development of the offshore South Pars gas complex over the next 10 months, a natural gas company director said.
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Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's Dassault.
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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