Why gold still has a shot to reach a record high this year
Investors tried and failed earlier this month to lift gold prices to a fresh record high and even the risk of a U.S. debt default...
Paper Money Diehards Refuse to Fold: WSJ
Many businesses take payment only by card or phone, but a pro-cash movement is urging people to ‘Resist! Defy! Don’t comply!’ [ad_2] Source link...
Gold prices at lowest since March as dollar rises and U.S. debt-ceiling deal looks ‘doable’
Gold futures settled at their lowest level since late March on Thursday, pressured by a stronger U.S. dollar and hopes for a deal to raise...
Rise in Distressed Sales Signals New Chapter for Beleaguered Office Market: WSJ
In a sign that the office market slump is moving into a new phase, property owners are starting to unload troubled office buildings at fire-sale...
Bond Selloff Adds to the Pressure on Regional Banks: WSJ
Rising yields on debt threaten higher borrowing costs for lenders. Meanwhile, shares of regional banks were down, as PacWest said it lost 9.5% of total...
Gold scores back-to-back gains ahead of U.S. inflation readings this week
Gold prices scored back-to-back gains on Tuesday, with the yellow metal moving closer to its settlement last Thursday which marked the second-highest finish for a...
U.S. Exchanges List More Than a Dozen Cryptos the SEC Says Are Illegal to Sell
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Honey, the Fed Shrunk Global Dollar Credit: WSJ
It meant to curb borrowing in the U.S. and control inflation but instead unleashed something that may be more destabilizing. [ad_2] Source link...
Opinion: The Fed says don’t worry about U.S. banks, but why should anyone believe them?
The aftershocks of the collapse of Silicon Valley Bank (SVB), while seemingly fading, are still reverberating around the world. Although Federal Reserve officials have taken...
The Air Has Come Out of the Dollar: WSJ
The U.S. economy no longer looks so exceptional. That is bad news for the dollar. An almost decadelong runup has left the greenback heavily overvalued, some...