Precious metals are apparently waking up. And here is where you can find the best deals.
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Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world.
And this is before the impact of the virus had fully hit global supply chains.
Germany’s president took an indirect swipe at U.S. President Donald Trump on Friday in accusing Washington, China and Russia of stoking global mistrust and insecurity with a “great powers” competition” that could threaten a new nuclear arms race.
What do two speeches from the 1970s say about today’s economy?
Article II of the US Constitution requires that the President of the United States deliver an annual State of the Union, including a budget report and legislative proposals.
You could say that it’s too little too late. The president has signed $4.7 trillion of new debt into law over the past three years — an appalling amount of new borrowing on top of what is already built into the budget
The coming decade will be especially grim for the super-rich, whose wealth creation will implode. Here's why...
Gold prices held steady on Friday after easing from a more than one-week high as investors assessed the risks to the global economy from the coronavirus epidemic.
Trump’s pick for the Federal Reserve Board, Judy Shelton, came under fire from Republican lawmakers on Thursday, signaling trouble ahead for her nomination.Speaking to reporters after a Senate Banking Committee hearing on her appointment,
Judy Shelton Is Not What The Fed Wants, She's What The Fed Needs: ForbesFeb 14, 2020 - 04:46:28 PST
The Fed Board of Governors has long had members who do not toe the academic line. We have been better off for it.
The People’s Bank of China files for multiple patents related to digital currency.
U.S. Treasury Secretary Steven Mnuchin insisted on Wednesday that President Donald Trump’s tax cuts will still pay for themselves over 10 years...
The coronavirus outbreak has closed factories, curbed spending and disrupted supply chains in the world's second-largest economy. But U.S. stocks have held close to records.
Feb 14, 2020 - 04:32:49 PST
The euro to US dollar exchange rate has slipped below the key 1.09 level to reach its lowest rate since 2017 at 1.0865. Further losses could be in store as foreign exchange markets look to be in the process of pricing in fresh action at the European Central Bank (ECB). The market is suggesting that …
Investors poured money into most asset classes last week, with bond funds attracting $23.6 billion and equities and emerging markets benefiting too, analysts at BofA said, noting the high levels of cheap money available after 800 rate cuts worldwide since the financial crisis.
The coronavirus outbreak or another economic shock could pop the bubble in the credit market, Scott Minerd said.
Two weeks after the Lunar New Year holiday was originally supposed to end, Chinese businesses are still getting up to speed.
Is Beijing still lying about the numbers? It looks that way... As Shortages Of Medical Supplies Persist.
Singapore warns of recession. China’s Hubei province reported an additional 116 deaths and 4,823 new cases as of the end of Feb. 13.
A new report from Los Alamos Labs calculates its R0 at between 4.7 to 6.6. That is massively contagious!