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...
NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite...
Americans are ‘doom spending’ — here’s why that’s a problem
Black Friday shoppers leave the Nike store as other shoppers wait in line to shop as retailers compete to attract shoppers and try to maintain...
Credit card balances jump to $1.08 trillion record. How we got here
Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card...
Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements
Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past years, mistakes that will ultimately...
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...
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill...
60% of Americans are still living paycheck to paycheck
After a prolonged period of high inflation and higher interest rates, Americans are just getting by. As of August, 60% of adults said they are...
Inflation is still squeezing budgets
Inflation ‘remains too high’ But in recent remarks, Federal Reserve Chair Jerome Powell said inflation “remains too high” despite those positive indicators, and warned that more interest rate...
Regional banks face hit from new debt level requirements
Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corp. (FDIC), speaks during an Urban Institute panel discussion in Washington, D.C., on Friday, June 3,...