Precious metals are apparently waking up. And here is where you can find the best deals.
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The Federal Reserve isn't the only central bank cutting interest rates. In fact, the world is awash in easy money.The Fed met market expectations during the September FOMC meeting and lowered interest rates another 25 basis points. It was the second cut of the year and pushed the interest rate down to the range of 1.75 – 2%. Meanwhile, the European Central Bank took a decidedly dovish turn over the summer. It has even hinted at another round of "shock and awe" stimulus.And it's not just the big central banks slashing rates.
Gold gained on Wednesday after weaker-than-expected U.S. economic data exacerbated concerns about global growth and increased prospects of further interest rate cuts, driving investors towards the safe-haven metal.
Washington’s use of the dollar as a political tool is backfiring as more and more countries are reducing their holdings of the greenback and switching to other currencies in trade contracts...
and California doesn’t even crack the top 10.
NYC's housing slump continues...
Companies hired 135,000 more workers in the month, ahead of the 125,000 that economists surveyed by Dow Jones had expected.
But things were considerably worse - not only did September's data miss (+135k vs +145k exp) but Augusts's big jump of 195k was revised drastically lower to just 157k.
Dallas Federal Reserve President Robert Kaplan faced more questions on one particular topic than any other at a recent lunch with local business owners and community leaders on Texas’s Gulf Coast.
The U.S. dollar rose on Wednesday after disappointing manufacturing data knocked it off two-year highs, while the euro clung to levels above $1.09.
Whether central banks should issue their own digital currencies may sound like an arcane debate. But allowing them to do so could have a profound impact on a nation’s economic and financial landscape — and not for the better.
The RBA’s recent actions, including Tuesday's interest-rate cut, suggest it's all too aware of the forces driving the global economic slowdown.
European companies are heading for their worst quarterly earnings in three years as revenue drops for the first time since early 2018...
Bundesbank President Jens Weidmann switched the focus of his opposition against European Central Bank stimulus to Mario Draghi himself...
Expert technical analyst & professional trader JC Parets says that over the last two years we've seen the U.S. stock market bear market, and we're closer to the start of […]
Or should investors wait for more bullish signs to appear?
Gold Rebounds from $1459 2-Month Low on Weak Us Ism Report to Finish up $8 at $1480...
Gloom for the economy is a boom for safe havens. A 10-year-low in a reading of U.S. manufacturing activity sent investors flocking back to the safety of gold on Tuesday, just after they let the yellow metal flounder to two-month lows.
An 8% assumed rate of return was once common among state pension plans; now it is rare.
Investor weariness over corporate stress signals could spark another sharp, fourth-quarter selloff in CLO funds, which buy the bulk of loans to debt-laden...
Many problems today including deficit spending, trade deficits, and income inequality have their roots in 1971.