House Democrats tried to pass $2,000 direct payments by unanimous consent Thursday, but Republicans blocked the move.
Gold prices rose on Thursday, supported by a weaker dollar ahead of a widely expected Brexit trade deal and as uncertainties around a new variant of the coronavirus overshadowed vaccine optimism.
Never has the traders’ mantra “Don't Fight the Fed” been so accurate. There’s every indication it will be the same in 2021. Some $5.6 trillion of stimulus has been pumped into markets by the major central banks since March, so it’s no coincidence that we end the year with record highs for U.S. Stocks and global bond yields close to all-time lows.
Jerome H. Powell’s central bank slashed rates, bought bonds in huge sums and rolled out never-before-tried loan programs that shifted its identity. The backlash is already beginning.
A ruling by the U.S. Supreme Court could set a precedent on taxing employees working from home that endures past the Covid-19 pandemic.
Less than a week after we reported on widespread resistance among healthcare workers in one Chicago hospital, BeckersHospitalReview.com's Ayla Ellison reports that the virus of vaccine mistrust is spreading...
The federal government has granted companies like Pfizer and Moderna immunity from liability if something unintentionally goes wrong with their vaccines.
The U.S. is recording at least 214,800 new Covid-19 cases and at least 2,700 virus-related deaths each day, based on a seven-day average calculated by CNBC using Johns Hopkins University data.
Since the 2009 Financial Crisis, investors purchased a tremendous amount of gold and silver. However, 2020 may have set the stage for a massive increase in physical precious metals investing in the future. While a significant percentage of gold and silver investment this year was in Gold and Silver ETFs...
Welcome to our ‘Holiday Special’ video with Mike Maloney and Jeff Clark. What does Mike think of the latest stimulus debacle? What will it mean for gold and silver investors? What does Mike hope to see happen next year?
If you dig a little deeper, other costs include soaring debts and deficits worldwide. We're approaching an unfathomable $280 trillion in global debt. Governments and central banks have facilitated tens of trillions in stimulus spending this year alone, and it's far from over.
A series of U.S. economic reports, published early due to the holiday-shortened week, saw bullion enjoy a pop higher as the U.S. dollar retreated, as measured by the ICE U.S. Dollar Index DXY, -0.30% which was off 0.3%.
Fiat currencies have lost 80% of their value against gold this century. The world markets have already judged wealth preservation as gold and perhaps bitcoin. Bear in mind gold traders with the support of the SEC and central banks naked sell gold on a regular basis, my book “Magic of Banking” explains how. It is frankly criminal.
The military veteran and father of four said the $600 payments passed this week as part of a second coronavirus relief package are far too little to undo the financial damage his family has suffered as the pandemic has surged again -- a message also adopted by President Donald Trump, who late Tuesday released a video broadcasting his displeasure with the relief bill.
Congress must now vote again on the $740 billion defense bill to override Trump's veto.
“The ultimate destination for the dollar is a weaker dollar, but when it really gets going it’s going to really depend on how bad the lockdowns are over the next few months, and how they roll out the vaccine globally,” said Jens Nordvig, CEO of Exante Data.
Today's energy problem is different from peak oil. Some might describe the energy story as a diminishing returns story, but it's really broader than this. It's a story of services that we expect to continue, but which cannot continue without much more energy investment. It is also a story of the loss of "economies of scale" that at one time helped propel the economy forward.
Things probably aren’t different this time with market valuations so high, but if they are then that still might not be so good.
More residents escaped from New York over the last year than from any other state, according to estimates released by the US Census Bureau on Tuesday.
And if that’s the case, we should probably be anticipating that property values in London will continue to be under deflationary pressure. In 2021, many people might be contemplating this famous line from William Shakespeare’s Hamlet: