Gold Is JPMorgan’s Top Pick in Commodities With Price Eyeing $2,500
Gold is the No. 1 pick in commodities markets for JPMorgan Chase & Co. and the price has the potential to reach $2,500 an ounce...
US recession: JPMorgan CEO Jamie Dimon warns US recession ‘not off the table’ yet
Jamie Dimon said he wouldn’t take the prospect of a recession in the US “off the table,” but that the Federal Reserve should wait before...
Oil Prices Can Avoid Both Boom and Bust This Year
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, reporter Grant Smith assesses the degree of volatility...
Fitch warns it may be forced to downgrade dozens of banks
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades...
Janet Yellen told bank CEOs more mergers may be necessary, sources say
New York CNN — During Thursday’s meeting with the CEOs of large banks, Treasury Secretary Janet Yellen told executives that more bank mergers may be...
Americans growing worried about the safety of their bank deposits
Recent events may be chipping away at confidence in the U.S. financial system, according to the findings of a Gallup survey. Nearly half of the...
Central bank gold demand hits first-quarter record, investments surge
The process of crafting gold is seen at the Krastsvetmet company, one of the world’s largest producers of precious metals in Moscow, Russia on January...
Dow Drops 300 Points, Turns Negative for the Year as Bank Fears Grow: Live Updates
Regional banks led the broader market lower as contagion fears resurfaced. [ad_2] Source link...
Fed increases rates a quarter point and signals a potential pause
The Federal Reserve on Wednesday approved its 10th interest rate increase in just a little over a year and dropped a tentative hint that the...
Gold advances on fresh banking jitters as Fed verdict looms
Bars of gold are seen at the Krastsvetmet company, one of the world’s largest producers of precious metals in Moscow, Russia on January 31, 2023. ...