Corporate America Is Hurting on China’s Worsening Economy
China’s worsening economic downturn is negatively impacting major American businesses operating in the country, especially those linked to its declining manufacturing, construction, and export sectors....
The Fed Has Laid the Seeds of a Crisis That Wall Street Can No Longer Ignore
In a concerning move, Fitch downgraded America’s credit rating, emphasizing the country’s growing financial vulnerability due to prolonged Washington dysfunction. The Fed’s attempts to combat...
Homelessness in America is Now at a Record Rate
The U.S. has witnessed a significant surge in homelessness, with preliminary data indicating an 11% rise from 2022, marking the largest increase since 2007, according...
Washington's Fiscal Blowout: Interest on Federal Debt Has Hit 15.5% Of All Federal Debt
President Biden and Congress have set alarming records with their skyrocketing spending and deficits. In just the first 10 months of the fiscal year, the...
Global markets and US futures slide as Fitch downgrades US debt rating
Hong Kong/London CNN — Global stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating, citing “a steady deterioration in standards of...
Gold retreats as dollar, bond yields resume climb
(Reuters) – Gold prices slipped on Wednesday as the dollar rose and bond yields strengthened after data showed U.S. private payrolls increased more than expected...
Gold advances on weaker U.S. economic cues
(Reuters) – Gold prices rose on Monday, as the U.S. dollar and Treasury yields retreated on weaker economic readings, casting doubts over whether the Federal...
Gold slides on strong US housing data, firmer dollar
(Reuters) – Gold retreated on Tuesday on strong U.S. housing starts data and a firmer dollar, while traders looked to Federal Reserve Chair Jerome Powell’s...
Gold firms on Fed rate pause hopes, softer dollar
(Reuters) – Gold prices edged higher on Wednesday on expectations of an interest rate pause at the Federal Reserve’s policy meeting concluding later in the...
Gold bound for weekly gain on Fed rate pause bets
(Reuters) – Gold eased on Friday as a stronger dollar weighed, but held close to its previous session’s highs en route to a weekly gain...