Precious metals are apparently waking up. And here is where you can find the best deals.
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The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for the first time in a decade.
Prime minister Shinzo Abe has given orders for Japan’s first economic stimulus package since 2016 as his government frets about a global slowdown...
Jenny Huang, director of APAC corporates at Fitch Ratings, discusses China’s corporate bond defaults and her outlook for the sector. She speaks on “Bloomberg Markets: China Open.”
If that guy had minimized his exposure to the banking system and turned his cash into gold and silver coins, he and his family would still be...
Using a central bank as a blunt instrument to force controversial political goals is not a good idea, but Lagarde appears poised to take the ECB in this direction.
The ECB believes interest rates should remain low for a “longer period”, adding that ECB policy was aimed at influencing short-term and long-term interest rates.
After three years and countless hours of testimony, judges in Milan will say on Friday whether executives at Monte Paschi di Siena SpA, Deutsche Bank AG and Nomura Holdings Inc. broke the law to help the Italian bank hide hundreds of millions of euros of losses from the market.
The owner of Sears and Kmart is closing another 96 stores, renewing doubts about the department store chains’ long-term future.Transform Holdco LLC said in an emailed statement that it “has faced a difficult retail environment and other challenges” and is “pruning operations...
Moody's sees credit crunch to prolong in India, pain for households on Business Standard. Ratings company cuts India's outlook to negative, says fewer jobs will be created.
Has there ever been a more favorable climate for owning gold & silver?
“We are living in a system of the banks, by the banks and for the banks, and that is the reality. . . . They see that the wheels are coming off. . . . The system of inflation in which we live cannot go on forever. . . .
A new report from the World Gold Council (WGC) indicates demand for gold exchange traded products surged during the July through September period
The Federal Reserve says that overall consumer borrowing increased 2.8% to $4.15 trillion. A category that covers student and auto loans rose 4.2%, while credit card debt fell 1.2%.
“I think we would need to see a really significant move up in inflation that’s persistent before we even consider raising rates to address inflation concerns.” – Jerome Powell 10/30/2019 The recent quote above from Federal Reserve Chairman Jerome Powell is powerful, to say the least. I cannot remember a time in the last 30 years when a Federal Reserve Chairman …
The IRS has just released its figures for the 2020 tax year. Here's how to find out what tax bracket you'll be in next year and how much you can save in tax-advantaged accounts.
A Cybersecurity doomsday known as "Quantum Dawn," in a series of exercises meant to simulate a catastrophic cybersecurity event in the banking sector...
Jeffrey Burger, a money manager at Mellon Investments Corp., in September swung through Zurich, where government bonds are yielding less than nothing, to pitch his U.S. municipal debt funds...
COMEX Gold Sets Another Open Interest Record High, Fast Approaching 700,000 Contracts!November 7, 2019
Yesterday's confirmed COMEX gold trading volume was a record too. Here are the details...
The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva warned Thursday. "Global debt -- both public and private -- has reached an all-time high of $188 trillion. This amounts to about 230 percent of
The New York Fed added $115.14 billion to financial markets via temporary operations on Thursday.