Precious metals are apparently waking up. And here is where you can find the best deals.
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He added that his firm’s calculations showed that each adult should get $3,000 and each child $1,500. That would be more than the $1,200 and $500, respectively, already announced as part of a $2 trillion fiscal stimulus package.
"Forbearance requests grew by 1,270% between the week of March 2 and the week of March 16, and another 1,896% between the week of March 16 and the week of March 30." - MBA
Gottlieb: We Won't Have Capacity to Produce COVID 19 Therapeutic at ScaleApr 9, 2020 - 04:12:58 PDT
Dr. Scott Gottlieb, member of the boards of Pfizer and biotech company Illumina and former FDA commissioner, joins "Squawk Box" with his reaction to Bill Gates' discussion with CNBC's Becky Quick on the coronavirus outbreak.
Russia has reported a record one-day rise of 1,459 new cases of coronavirus Thursday, making the total number of confirmed cases to 10,131.
Back in February, we saw some early reports that some coronavirus patients in China may have become infected again after their initial recovery.
Fed Bullard suggests the unemployment rate may hit 30% for the second quarter of this year, with GDP dropping a stunning 50%. By comparison, in 1933 – considered the low point of the Great Depression – about 25% of American workers were unemployed.
Mike Maloney is not buying gold, so what is he buying? Tune into today’s update to find out. You’ll also get an update on China, the commodities index, and last but not least - get a glimpse at one of Mike’s favorite bars.
The liquidity crisis is starting to become a solvency crisis as more companies realize they will lack the cash flow to sustain operations and fund debt obligations, while banks are starting to feel the hundreds of billions in revolver drawdowns.
An economy of rackets designed to enrich the few at the expense of the many is brittle because self-serving rackets snuff out competition, accountability and transparency.
Federal Reserve Bank of Chicago President Charles Evans said he’s expecting substantial economic pain during the second quarter due to the coronavirus crisis and warned that because companies and households are expending savings and other resources to hold on, that could weigh down a hoped for recovery.
Pelosi & Schumer Push for $500 Billion at Least Emergency Coronavirus BillApr 8, 2020 - 11:36:39 PDT
Democrat hopes to add funding for hospitals and states to a coronavirus relief bill for small businesses the Senate wants to pass this week.
Gates: This Is How Long It May Take for Americans 'Can Be Completely Safe'Apr 8, 2020 - 11:29:40 PDT
It might not be until fall 2021 that Americans “can be completely safe” from COVID-19, Bill Gates said in a Tuesday interview with Judy Woodruff on PBS Newshour.
Economists now predict GDP growth will plummet in the first and second quarters of the year as businesses shutter and hundreds of millions of Americans are locked down.
FOMC Minutes:l "Profoundly Uncertain" Outlook, Treasury Market DisfunctionApr 8, 2020 - 11:21:57 PDT
“All participants viewed the near-term U.S. economic outlook as having deteriorated sharply in recent weeks and as having become profoundly uncertain,”
Harvey Organ: At The Gold Comex, Almost 84 Tonnes Is Standing For The Month For Delivery!April 8, 2020
This exceeds the previous record by almost 100%...
Of most interest will be whether there was any discussion in the minutes of if, when and under what, the Fed would start buying stocks.
Just hours after a labor union reported what may be the first poultry-worker deaths associated with the coronavirus in the U.S., Vice President Mike Pence urged American food workers to continue to “show up and do your job.”“You are vital,” he said during a press conference late Tuesday...
Apr 8, 2020 - 09:36:58 PDT
As hospitals battle the coronavirus, they're baffled as the Trump administration seizes hard-to-stock medical supplies.
1 in 4 Americans Have Either Lost Their Job or Had Pay Cut From ShutdownsApr 8, 2020 - 09:35:12 PDT
The CNBC All-America Survey found 10% saying they have lost their job and 16% reporting they have seen their wages or salary reduced.
We wonder just how the criminal masterminds will take advantage of this loophole to steal billions from America's taxpayers.