‘Supercore’ inflation measure shows Fed may have a real problem
US Federal Reserve Chair Jerome Powell attends a “Fed Listens” event in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images...
Gold prices hit an all-time high—what to know before investing
Bitcoin and stocks aren’t the only assets hitting all-time highs. If you want to buy an ounce of gold, it will currently cost you more...
Switch to gold standard could stabilise prices – Philadelphia Fed research
Long-run price stability could be a key feature of the gold standard, researchers with the Federal Reserve Bank of Philadelphia find. In their working paper,...
Central Banks Boost Gold Reserves to Diversify from the Dollar
Authored by Simon White, Bloomberg macro strategist, Powell might not be overly worried about inflation – with his recent comments reiterating the Federal Reserve is...
Gold at $3,000 and oil at $100 by 2025? Citi analysts don’t rule it out
(L) Oil pumpjacks and (R) gold bars Getty Images Gold prices could soar to $3,000 per ounce, and oil to $100 per barrel within the...
Stock market today: Live updates
Dow sheds more than 270 points, stocks finish lower Stocks finished lower to kick off the new trading week. The Dow Jones Industrial Average dropped...
Gold prices to hit $2,200 and outperformance awaits silver, says UBS
Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Sven Hoppe...
Jamie Dimon warns on U.S. economy in 2024, 2025
JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of a combination of financial and...
US national debt hits record $34 trillion
WASHINGTON (AP) — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to...
The global economy in 2024: Key clues to watch out for | Business and Economy News
The world economy has proved more resilient than most analysts anticipated at the start of 2023. In particular, global inflation has fallen without big surges...