Precious metals are apparently waking up. And here is where you can find the best deals.
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The gap between rich and poor in America is the worst it's been in more than a half century.
Overall, the report showed that about 48% of all renters were cost burdened in 2018, representing more than 20 million Americans -- a slight improvement from 51% in 2011, when the share peaked in the years following the 2008 recession.
The Federal Reserve held its first FOMC meeting of 2020. It was mostly met with yawns as the Fed held rates steady, and despite a somewhat dovish tone, indicated that it probably wouldn't make any moves on interest rates this year. We've grown so used to low interest rates that it barely registers that the Fed is actually engaged in extreme monetary policy. Extreme has become the new normal. In this week's Friday Gold Wrap podcast, host Mike Maharrey talks about it. He also touches on the Q4 GDP report and some interesting gold supply and demand trends.
...despite unemployment at 50-year low.
And there is an outside chance the wave could be complete at $1536.40. Here are the details...
The main reason people are taking out personal loans is to pay off high-interest credit card debt, he said. “That can be a sensible debt management strategy,” but cautioned that in “can backfire if you keep running up new debt on your credit cards...
Savings Slump As US Spending Jumps With Income Growth Weakest In 2 YearsJan 31, 2020 - 05:45:52 PST
...the good 'ol American consumer refused to live within their means again!
About 20-30% of bank branches are expected to be closed temporarily and some of the remaining ones will have restricted hours, the Hong Kong Monetary Authority said in a statement Friday.
In the wake of a nationwide holiday extension by three days, the People’s Bank of China also emphasized it will monetary policy tools to ensure sufficient liquidity.
The French and Italian economies unexpectedly shrank at the end of 2019, casting a shadow over expectations the euro area was on a firmer footing. France’s strike-ridden economy contracted...
After more than three years of tough negotiations between British and European officials, its departure from the EU is finally taking place Friday at 11 p.m. London time.
Barring a significant change in the news flow around the virus itself, analysts at the U.S. investment bank said late Thursday that they anticipate a 0.4 percentage point slowdown of U.S. annualized growth in the first quarter.
Britain reports first two cases.
Every other market has already reacted to the deadly virus threatening China’s economy. Soon it will be China’s turn, and it’s likely to be brutal.Stocks and commodities will almost certainly sink when financial markets reopen Monday for the first time since Jan. 23...
Corporate America is firing on all cylinders, the Federal Reserve's god-like powers will push stocks higher regardless of any other reality, blah blah blah.
Corporate America is firing on all cylinders, the Federal Reserve's god-like powers will push stocks higher regardless of any other reality, blah blah blah.
Fed officials indicated in a post-meeting statement _ press conference that they were focused on “global developments” in deciding what to do next about interest rates.
U.S. farm bankruptcy rates jumped 20% in 2019 - to an eight-year high - as financial woes in the U.S. agricultural economy continued in spite of massive federal bail-out funding, according to federal court data.
The CBO predicts annual federal deficits of more than $1 trillion this year, ultimately reaching $1.7 trillion in 2030. Yahoo Finance's Rick Newman joins Seana Smith on The Ticker to discuss how this could impact American taxpayers.
President Donald Trump said at a speech in Warren, Michigan that the coronavirus situation 'very well under control.' He mentioned a handful of Americans who got infected.