A multi-year boom in global house prices which even a pandemic has failed to halt is forcing central banks around the world to confront a knotty question - what, if anything, should they be doing about it?
U.S. lawmakers expect to boost the country's ability to push back against China if a Senate panel approves sweeping legislation on Wednesday as expected, even as they voiced a need to do far more to counter Beijing.
The law enforcement arm of the U.S. Postal Service has been quietly running a program that tracks and collects Americans’ social media posts, including those about planned protests, according to a document obtained by Yahoo News.
There is an overly optimistic consensus view about the speed and strength of the United States’ recovery that is contradicted by facts. It is true that the United States recovery is stronger than the European or Japanese one, but the macro data shows that the euphoric messages about aggregate GDP growth are wildly exaggerated.
Sen. Bernie Sanders, I-Vt., and Rep. Pramila Jayapal, D-Wash., on Wednesday introduced the College for All Plan, legislation that would make a college education free for millions and lend extra support to those from working-class families attending minority institutions.
"I think we're going to have to have a major correction in bitcoin," Guggenheim Partners' Scott Minerd told CNBC. However, he said he remains bullish long term.
At this point time, it certainly looks as if we could break out, and if we do than I think it opens up a move to the $28 level. All things been equal, breaking above there could open up the move to the $30 level.
A US treasury yield curve trend change appears to be underway. The move has strong implications in a number of ways.
The Fed’s window to take away the punch bowl is narrowing, in the view of one inflation luminary. The longer it waits, the worse the pain may be.
“Nominal yields have been on a downward trajectory since the beginning of the second quarter, as has the U.S. Dollar Index,” said Ross Norman, chief executive officer at Metals Daily. “Yields remain the key factor.”
Technical plans for the platform and for establishing a comprehensive database of all of the main players in the country's gold industry were reviewed at a meeting of the Emirates Gold Bullion Committee, chaired by minister of state for foreign trade Thani Al Zeyoudi.
The amount of liquidity pumped into the markets and the economy in the last year dwarfs anything we’ve seen in history. Markets certainly have reacted to it with exuberance and the bounce currently seen in the economy is highly encouraging.
Recently, BofA published a research note suggesting the market could drop nearly 10% to 3800. We review the market and find it could be more.
Target Date mutual funds, used primarily in retirement plans, do not account for market conditions and therefore put your wealth at risk.
Gold prices rose on Wednesday, hovering near a seven-week high hit earlier this week, as a softer dollar and a retreat in U.S. Treasury yields lifted demand for the
safe-haven metal.
The last few times Nikolaos Panigirtzoglou witnessed such negative price action in Bitcoin, buyers returned in time to prevent deeper slumps. This time, the JPMorgan Chase & Co. strategist is worried. If the largest cryptocurrency isn’t able to break back above $60,000 soon, momentum signals will collapse, strategists led by Panigirtzoglou wrote in a note...
Denying the PLA its objectives in the 2020s requires diversification, distribution, and resiliency across posture and mission.
Moscow will respond “harshly,” “quickly” and “asymmetrically” to foreign provocations, Putin told an audience of Russia’s top officials and lawmakers, adding that he “hoped” no foreign actor would cross Russia’s “red lines,” according to a Reuters translation.
Sen. Elizabeth Warren and billionaire Leon Cooperman have clashed many times.
Sen. Bernie Sanders, I-Vt., and Rep. Pramila Jayapal, D-Wash., introduced the College for All Plan. The bill would make college free for millions of Americans.