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lean energy currently makes up 15% of the total consumed globally, but UBS said this needed to top 55% for the world to achieve net-zero emissions. In a note published Thursday, the analysts said that while the predicted energy transition might be a “once-in-a-generation” investment opportunity, there were “countless” ways to play the theme.
Global leaders have jointly called for a pandemic treaty, although the U.S. and China are missing from the list.
Thirteen states aren't offering a tax break on unemployment benefits received last year, according to data from H&R Block.
When investors are stampeding for the exits, it pays to be first out the door.
Gold prices slid on Tuesday as the U.S. dollar climbed on the back of higher Treasury yields.
S&P 500 futures dipped during early morning trading on Tuesday as a jump in bond yields prompted investors to dump high-flying tech shares.
The rise comes a day ahead of President Joe Biden revealing details of his infrastructure plan, which is expected to cost up to $3 trillion.
Since the beginning of the pandemic, government debt and money printing are off the chart. This is creating inflationary pressure. Prices are on the rise. And this is by design. In fact, the Fed has been promising more inflation for years. As Peter Schiff explains, it looks like this is one promise the Fed is going to keep.
Given the sensitive health-related data at play, launching any digital service raises questions around privacy and data protection.
"We're giving up hard-fought, hard-won gains," President Joe Biden said on Monday.
Tower of David Museum's team begins to treat structural crack in citadel's highest viewpoint; conservationists find rare 'Tyre shekel' thought to be used for Temple upkeep tax
The coin trading world has a new gold standard, after the only known 1822 half eagle $5 piece in private hands sold at auction in Las Vegas for $8.4 million, experts said Friday.
    Gold Prices Slip on Strong Dollar and Yields
Mar 29, 2021 - 12:47:42 PDT
Gold prices moved lower on Monday, starting the week on a sour note. This move comes as the dollar moves higher in tandem with US yields. As yields rise,
    77% Of Americans Are Worried About Soaring Inflation 
Mar 29, 2021 - 12:44:38 PDT
The worst thing that could happen now is a repeat of stagflation in the 1970s.
Inflation also is best kept at moderate levels. In the months ahead, however, measures of inflation are in for a wild ride, continuing the volatility of so many economic metrics throughout the COVID-19 crisis. But the coming excesses in price level readings are nothing to be alarmed about.
If you’re a wage earner, retiree, or a lowly saver, your wealth is in imminent danger. Fed Chairman Jay Powell and Treasury Secretary Janet Yellen have linked arms to crank up the printing presses in tandem.
    Does Biden Compound the Problem?
Mar 29, 2021 - 11:52:56 PDT
President Biden is pulling together a sweeping $3 trillion package to boost the economy, reduce carbon emissions and narrow economic inequality, beginning with a giant infrastructure plan that may be financed in part through tax increases on corporations and the rich.
Analysts say that one third of small businesses could ultimately shut down for good, and hundreds of thousands have already done just that. Meanwhile, the strong got stronger—with a lot of help from lawmakers.
    Lots of New Money, But Still-Low Inflation. What Gives?
Mar 29, 2021 - 11:29:12 PDT
"Just because a reckless central bank foists tons of fake money on banks, businesses, and households does not mean any of them must spend it. Fiscal-monetary recklessness itself can signal private-sector actors not to part with safe, liquid assets. Eventually, of course, they may choose to flee...
Biden's infrastructure programs will roll out this week. A second proposal focusing on child care and healthcare programs is expected in April, then massive tax hikes.