Overnight, recession fears weighed on the Euro as traders worry the coronavirus outbreak could dampen Eurozone growth.
Most Americans say the Constitution is important. Most Americans say it's crucial for the government to stay within its constitutional bounds. But what exactly are the constitutional limits on federal power? How do we know?Well, whatever you do, don't ask a lawyer. Most of them know very little about the Constitution.
Gold & silver prices are down as crook Powell speaks to Congress. Here's more...
Could interest rates enter negative territory permanently? This chart plots trend data over 700 years, showing that it could be a possibility.
Nearly a quarter of all subprime auto loans are 90+ days delinquent. Why? But There’s No Jobs Crisis, These Are the Good Times
As you may know, several years ago, Peter Schiff relocated to Puerto Rico. Have you ever wondered why? What are the advantages? And what can his move teach us more generally about economics and politics?Peter recently appeared on the Puerto Rico ICON Podcast and answers some of those questions.
The total balance on credit cards went up by $46 billion to $930 billion, higher than the previous peak hit just ahead of the financial crisis of 2008.
The budget, if it were to pass as is (which is seen as very unlikely), would trim about $505 billion from Medicare over a decade, and $35 billion from Social Security Disability Insurance and Supplemental Security Income, according to the bipartisan Committee for a Responsible Federal Budget.
Fed Powell came close to acknowledging that the central bank may not have the firepower to fight the next recession and called on Congress to get ready to help.The
Federal Reserve Chairman Jerome Powell called on Congress to reduce the U.S. federal budget deficit to ensure the central bank could adequately respond to a financial crisis or recession.
China’s National Health Commission said there were 2,015 confirmed new cases on the mainland and 97 additional deaths, most of them in Hubei province.
After updating on the latest case information, this video explains what a cytokine storm is, how that actually is the cause of harm, and additional troubling information that nCoV (now "covid-19") spreads through the air.
We’ve had a lot of questions on what Mike thinks of the Coronavirus situation and how he is preparing. He recently prepared a 22 minute update for Insiders at GoldSIlver.com, and this segment has been taken from that video.
Gold lost some of its shine as a hedge to the coronavirus crisis after Federal Reserve Chairman Jay Powell said the U.S. economy has been fairly resilient against the pandemic. But the close above the key $1,500 level meant that much of the yellow metal’s support was still intact.
Recently critics who suggested that the Fed’s QE policies artificially elevate asset prices were dismissed a…
While he expects last year’s central bank rate cuts to help cushion the U.S. economy, St. Louis Fed President James Bullard said there is a new round of uncertainty facing the U.S. economy this year.
Investors who have cast a glance at trading in the fed fund futures market say it could reflect a small chance that the Federal Reserve could embark on a full-blown cutting cycle.
Under the Trump administration, the Pentagon's budget has swelled from $670 in 2018 to $712 billion in 2020.
The amount of investor money in alleged Ponzi schemes hit its highest level in a decade in 2019, suggesting the next Bernie Madoff-type fraud isn't far behind.
Hoping to stem the flow, UBS has reportedly offered to cut costs for investors willing to stay in the fund and to forego management fees.