Here’s why Americans can’t stop living paycheck to paycheck
For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In...
Gold ticks up as dollar eases before Fed’s July minutes
A worker handles an Argor-Heraeus SA one kilogram gold bar at Solar Capital Gold Zrt. arranged in Budapest, Hungary Akos Stiller | Bloomberg | Getty...
Goldman Sachs predicts when the Fed will finally start cutting rates
Goldman Sachs predicts that rate cut relief won’t come until the second quarter of next year as the Federal Reserve scrambles to tame inflation despite...
Gold prices to breach all-time highs, with some calling for $2,500
Sven Hoppe | Picture Alliance | Getty Images Gold prices are on track to rally to all-time highs in 2024 on the back of tapering...
Biden’s deficits threaten economic doom
The latest grim news on the exploding federal government deficit testifies to the recklessness and incompetence of President Joe Biden. He isn’t responsible for the whole...
The war against inflation is a long way away from being won
A food shopper searches for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images Don’t break out...
It Turns Out That the Debt Matters After All
Is it time to start worrying about the debt? This feels like a weird question to ask, I admit. The bond market is placid. Voters...
Gold rises as dollar, yields slip after US jobs data
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer Pro Aurum. Sven Hoppe |...
Powell Says Fed’s Inflation Fight Could Take Years
The Federal Reserve is expected to continue raising interest rates, despite their recent decision to temporarily slow down the pace of rate increases. Chair Jerome...
Powell, Other Central Bankers Face Uncertain Inflation Outlook: WSJ
Central bankers globally have hastily escalated interest rates to levels not seen in over a decade in an attempt to quell inflation. However, they admit...