Gold books best day in a week Friday, as hot inflation data rattles Wall Street
Gold prices soared on Friday after May inflation data came in hot, shattering hopes that high costs of living in the U.S. might be buckling...
Social Security Benefits to Increase by Record Amount in 2023 per Experts
On the heels of rising inflation, some good news is for retirees collecting Social Security benefits. In 2022, Social Security beneficiaries received a cost of...
Social Security: Whistling Past The $96 Trillion Graveyard
Social Security has a problem. As Democrats push to expand entitlements to include free preschool and subsidized child care, little attention is getting paid to...
The US-China Currency Rivalry: Choosing Sides
The recent dollar-denominated financial sanctions on Russia by the United States inadvertently highlight the growing significance of the yuan (RMB) as an alternative currency. Although...
China Ties at ‘Lowest Moment’ Since 1972, US Ambassador Says
(Bloomberg) — US relations with China are likely in the worst state since former President Richard Nixon’s historic trip in 1972 helped re-establish diplomatic ties...
Chinese General Tells US Defense Secretary
China’s defense minister threatened war over the issue of Taiwan during an intensely heated exchange between top Chinese and American defense officials. “If anyone dares...
Larry Summers Says Fed Forecasts Look Ridiculous, Warns on Rate Delay
(Bloomberg) — Former Treasury Secretary Lawrence Summers said the Federal Reserve has failed to account for its mistakes and to realize the damage to its...
Is America heading for civil war?
Stephen Marche writes in “The Next Civil War” that the US is one act of spectacular violence away from national crisis. In 1990, the CIA...
Rand Paul demands Yellen testify before small business panel as Americans struggle with inflation
Former Reagan Economic Adviser Art Laffer reacts to the May CPI report on ‘Mornings with Maria.’ EXCLUSIVE: Sen. Rand Paul, R-Ky., is leading Republicans who...
Gold rebounds in roller coaster trade as economic fears grow
American Eagle and South African Krugerrand gold bullion in Chicago, Illinois. Scott Olson | Getty Images Gold prices bounced back in volatile trading on Friday,...