Precious metals news

Federal Reserve Bank of Minneapolis President Neel Kashkari on Friday said he believes the pandemic will weigh on Americans through all of 2021, and emphasized the need for a speedier vaccine rollout as well as continued fiscal support.

While you can switch to a different Advantage Plan through March 31, there are some key aspects of coverage to check before you finalize your decision.

Social Security rules may alter the age at which people are eligible for full benefits. A new congressional report examines how that would work.

This year, however, the IRS will need more time to prepare after the Covid relief act that took effect in late December. And yes, the tax filing deadline is still April 15.

Policymakers worldwide should embrace more spending to help revive their stuttering economies, the head of the International Monetary Fund said on Friday at Russia's annual Gaidar economic forum.

It was meant to be the no-brainer trade of 2021: Keep selling the dollar on a big-spending Joe Biden presidency. The money-printing required to fund U.S. stimulus would heap pressure on the greenback, reinforcing a market dynamic at work since March.

After the holiday slump, activity in several of the world’s largest advanced economies extended their recovery in the second week of January. Yet compared with early December, Bloomberg Economics gauges that integrate data such as mobility, energy consumption and public transport usage remain significantly lower.

“The crisis is not over, and its economic impacts have still to fully emerge,” Irish governor Gabriel Makhlouf said on a panel Friday. “Euro-area banks are likely to face significant losses and further pressure on their already weak profitability prospects”...

The new year is obviously young but already there is a pretty clear theme on display in financial markets.

I would make the world's worst archeologist. I'm just not good at finding things. I'm the guy who stares into the cabinet right at the salt shaker and then asks his wife, "Where's the salt." So, yeah, a job that involved searching for stuff that has been hidden for hundreds or even thousands of years is not for me. But I have to admit, it would be a pretty cool job. I mean, imagine finding thousands of coins.
That happened not too long ago. Archeologists found a stash of gold and silver coins in a field near Újlengyel, a Hungarian village about 31 miles southeast of Budapest.

Currency markets turned risk-averse on Friday, with the dollar on track for its biggest weekly gain since November 2020 and analysts predicting further short-term strength as rising coronavirus infections limit risk appetite.

Biden will likely outline this second proposal in a few weeks, potentially around the time the White House submits a preliminary annual budget proposal to Congress.

China’s economic ascent is accelerating barely a year after its first coronavirus lockdowns, as its success in controlling Covid-19 allows it to boost its share of global trade and investment.

We cannot print our way out of a liquidity trap. We cannot spend our way out of a debt trap. The Fed and Congress may try to stimulate the economy, but they will fail.

It will take more than two years for Britain's economy to recover to its pre-COVID-19 level, a Reuters poll found, but the Bank of England was still expected to keep rates steady until at least 2024 and to avoid negative borrowing costs.

President-elect Joe Biden and China’s Xi Jinping know their nations need to find a way to manage their rivalry over the long-term. If the two leaders are to put the relationship on a more even keel, though, they don’t have much time.

The US government ran the biggest December deficit in history last month and there is no end in sight to the borrowing and spending. President Biden unveiled a new $1.9 trillion stimulus plan this week. So what? Why does it matter? Can't this "rescue the economy?" Host Mike Maharrey talks about all of the spending and the money printing necessary to support it on this week's Friday Gold Wrap podcast.

Bill Gates, the fourth richest person in the world and a self-described nerd who is known for his early programming skills rather than his love of the outdoors, has been quietly snatching up 242,000 acres of farmland across the U.S. — enough to make him the top private farmland owner in America.

A growing number of tech companies are packing their bags and moving out of the Golden State. Leading names in the industry are now adding their names to the list.

A coalition of health and technology organizations are working to develop a digital COVID-19 vaccination passport to allow businesses, airlines and countries to check if people have received the vaccine.