Gold prices have been hitting new highs — and the rally is far from over
People browsing gold jewelry in Istanbul. Burak Kara | Getty Images News | Getty Images The rally in gold continues with prices hitting an all-time...
Weekly mortgage demand jumps again, as interest rates fall below 7%
Mortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total application volume rose 7.1%, compared...
January PCE inflation report could get a lot of market attention on Thursday
With markets on edge over the direction of inflation , a report Thursday that often flies under the economic radar is likely to take on...
investors await key data, Fed meeting
U.S. Treasury yields declined Monday as investors looked ahead to a week of key economic data and the Federal Reserve’s first interest rate decision of...
Weekly jobless claims post lowest reading since September 2022
The labor market continued to show surprising resiliency in the early days of 2024, with initial jobless claims posting an unexpected drop last week. Initial...
Inflation has created a dark cloud over how everyday Americans view the economy
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images When Kyle Connolly looks...
Biden on CPI: Too many things unaffordable
U.S. President Joe Biden speaks about the Inflation Reduction Act of 2022 in the State Dining Room of the White House in Washington, D.C., on...
Geopolitics, central banks could keep gold demand hot in 2024: World Gold Council
An employee puts gold bullions into a safe deposit box at Degussa shop in Singapore Edgar Su | Reuters Gold prices hit another record high...
Zombie firm bankruptcies amid Fed interest rate hikes
In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for several years...
62% of Americans live paycheck to paycheck amid inflation
‘Inflation is still too high’ The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, even though...