Companies added 174,000 new jobs in January, according to a report Wednesday from payroll processing firm ADP.
Mortgage rates fell for the first time in nearly a month, and that lit a fire under current borrowers who may have thought they missed the boat on refinancing.
The U.S. is recording at least 141,400 new Covid-19 cases and at least 3,090 virus-related deaths each day, based on a seven-day average of JHU data.
On Monday, Feb. 1, Peter appeared on NTD Business to talk about the attempted short squeeze on GameStop and silver. He said we shouldn't compare GameStop stock to silver. Unlike GameStop, there are fundamentally sound reasons to buy silver, with or without the endorsement of the Reddit traders.When the Reddit Raiders turned their attention to silver, Peter tweeted that they were getting smarter. "Silver stocks are actually cheap and represent good investment value. The fact that some investors were foolish enough to short these stocks makes their trade even better."
Tom provides a Special Report on what is taking place in the precious metals market, especially in silver. Tom says this is the craziest market he has seen in 45 years since he started his precious metals business in 1976. Tom goes on to say that not only are premiums on silver bullion...
In this video presentation we take an in-depth look at the PRECIOUS METALS markets. We do so both from a US Dollar viewpoint as well as an international viewpoint. When studying markets, it is always beneficial to keep in mind that capital moves globally, not just in US Dollar terms.
Was that it for the ‘Silver Squeeze’? Join Mike Maloney & Jeff Clark as they examine the latest market action and report on some potentially big movements made by options traders. Thanks for watching.
The Reddit-fueled run-up in silver prices might be stalling, but the U.S. Mint said it is still rationing its sales of silver coins because of “continued exceptional market demand,” as well as limited supplies and manufacturing capacity. The Mint is also allocating gold and platinum coin sales to authorized purchasers, it said in a statement Tuesday.
Fears of a sudden and/or uncontrolled increase in the money supply had not caused merchants, private banks and other account holders to lose all faith in the pound sterling.
Mohamed El-Erian, former Pimco CEO and Allianz chairman, and current Allianz chief economic adviser, joins 'Closing Bell' to discuss the retail investor market frenzy and whether the last week's market volatility could happen again.
CNBC Pro: Block said of the market: "It's more like water's boiling and you get these really fast bubbles being blown and bursting."
The probability of more fiscal relief from Congress has risen—good news for the US economy and a boost to our growth forecast. While risks remain, and it’s too early to talk about the pandemic in the past tense...
President Joe Biden faces an economic dilemma as his $1.9 trillion stimulus plan runs into congressional opposition: keep his promise to deliver $2,000 payments to help a battered economy, or target funds to jobless and low-income Americans.
Here's a fascinating look at employment trends for the past 20 years and what's driving them.
In the U.S., 53% of small business owners don't expect to financially recover from the Covid-19 pandemic for at least six months.
The correction last week fell in line with our short-term warning signals and our previous risk reduction. Is it over? Or, is a larger correction coming?
“You might say a bubble occurs when people think that the market is going to go up but worry that it may drop,” said Robert Shiller, a Yale professor who won a Nobel prize for his work on explaining stock price movements. “That is where we are.” He said the market looks vulnerable, but he cautioned that some hallmarks of a classic bubble...
More U.S. bankruptcy filings are happening with restructuring plans already in place, a trend that’s likely to extend as companies look to save time and money by reorganizing before they get to court.CiCi’s Holdings Inc., parent of the unlimited pizza buffet chain, entered bankruptcy last month with a plan to hand ownership to lenders.
Food is piling up in all the wrong places, thanks to carriers hauling empty shipping containers.Global competition for the ribbed steel containers means that Thailand can’t ship its rice, Canada is stuck with peas and India can’t offload its mountain of sugar.
As equity market volatility continues, Sue Trinh from Manulife Investment Management says to watch for contagion into other asset classes.