Precious metals are apparently waking up. And here is where you can find the best deals.
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Across the country, restaurants have been decimated by the pandemic. But according to a new survey conducted by the New York State Restaurant Association, in partnership with the National Restaurant Association, New York restaurants are hurting more from the economic crisis in comparison to the industry nationwide.
NYC Office Space For Rent Hits Highest Level Since 2003 As Goldman Flees For FloridaDec 11, 2020 - 10:39:02 PST
All of a sudden, the world of New York City Commercial real estate could be standing on shaky ground.
U.S. Households’ Net Worth Hits Record $123.5 Trillion As Stocks Boom, But Debt Is Also SurgingDec 11, 2020 - 08:23:17 PST
Meanwhile, household debt, which includes mortgages, credit card debt and personal loans, jumped at an annual rate of 5.6% in the third quarter, reaching $16.4 trillion; that's the fastest growth this decade, beating out a 3.9% increase in 2017.
I love music. A good song can comfort, inspire or motivate. There are a lot of really good songs out there. I found one the other day. I'll get to that in a minute. But first, I have to say there are also some real duds.
Instead of Funding Government Programs, Mark Cuban Supports ‘Monthly Direct Stimulus’ to AmericansDec 11, 2020 - 08:10:49 PST
Mark Cuban proposes the government give checks directly to Americans in need using funds typically allocated to financial assistance programs.
California Struggles To House Thousands Of Homeless Placed In Hotels During PandemicDec 11, 2020 - 08:06:22 PST
When the coronavirus hit, thousands of unsheltered people in the state were moved into hotels under a plan known as "Project Roomkey." Now many are ending up back on the street.
The Big Apple has hit a grim milestone when it comes to the homeless. A new report from homeless advocates says COVID-19 has helped propel the shelter population to record numbers.
UMich Sentiment Survey Soars In Early December, Inflation Outlook PlungesDec 11, 2020 - 07:35:42 PST
'Hope' is fading fast - and with lockdowns being imposed across the country at holiday-time, we suspect this will collapse soon without some more handouts from Washington, even with the vaccines.
Dec 11, 2020 - 07:11:27 PST
A raging pandemic, a slowing recovery and stalemate over fiscal policy have been steadily piling pressure on the Fed post the election to pump additional stimulus into the US economy. However, whilst there have been the usual strong reassurances by policymakers that they stand ready to act if needed, there have been few signs that they would support increasing the pace of asset purchases above the current cap of $120 billion per month.
Christine Lagarde is leaving the fireworks to politicians. The European Central Bank chief said on Thursday she will deploy emergency stimulus measures for longer to help the euro zone economy recover from the pandemic but produced no innovations. It’s governments’ turn...
China will step up fiscal policy support for a strategy to make its economy mainly rely on domestic demand, supply chains and innovation, Finance Minister Liu Kun said.
The Federal Reserve is casting a long shadow over the world’s biggest bond market, derailing a classic recovery trade and underscoring how an era of central-bank intervention will reverberate for some time to come.
Initial public offerings have been doing extremely well lately, bringing to mind the excesses of the tech bubble in the late 1990s.
As spiking Covid-19 cases further derail travel, the U.S. hotel industry is closing in on a bleak marker: One billion empty rooms for the year.More than 962 million room nights have gone unsold through last week, according to lodging data firm STR. That’s about 46% more than all of last year.
Nearly two-thirds of Americans, 63%, say they’ve been living paycheck to paycheck since the Covid-19 pandemic spread in the U.S. earlier this year.
Nothing too fearful here yet for The Fed but prices are accelerating off the lows rather fast.
There is a lot of talk about student loan forgiveness. The idea is wildly popular and it would relieve a huge burden crushing millions of Americans. But is there any downside to this idea? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the student loan debacle and the possible downside of loan forgiveness. He also touches on the shaky labor market and why the bond market can't tell us anything about inflation.
The head of commodity strategy at Saxo Bank said there’s one commodity that could hit an all-time high next year, potentially rallying more than 100% from current levels.
Gold has soared as economic uncertainty has pushed investors into safer assets — and one Australian bank has identified a new possible high for gold in 2021.