Unemployment Claims Reach 10-Month Peak as Economy Slows

Unemployment Claims Reach 10-Month Peak as Economy Slows

U.S. weekly jobless claims rose to 242,000 for the week ending June 8, the highest...

Inflation Cools, But Debt Troubles Persist for Lower-Income Americans

Despite the Federal Reserve holding interest rates steady and inflation showing signs of cooling, debt-burdened...

Gold Prices to Stay Strong Through 2024, Some Say $3,000 is a Stretch

Gold’s surge to record highs is expected to continue throughout 2024, fueled by central bank...

Gold Dips as Fed Signals Only One Rate Cut for 2024

Gold prices declined slightly after the Federal Reserve indicated only one interest rate cut for...

Wholesale prices unexpectedly fell 0.2% in May

In May, the producer price index (PPI), which measures prices producers receive for goods and...

Fed Unlikely to Cut Interest Rates Soon Despite Earlier Projections

Americans should not expect interest rate cuts soon, as the Federal Open Market Committee is...

Think Tank Expert Recommends Measures to Halt De-Dollarization

To counter de-dollarization, the US should maintain domestic stability, pursue strong trade partnerships, and promote...

Consumer Price Growth Slows, Potential Relief for Fed Rate Decisions

The Consumer Price Index (CPI) showed a slight and unexpected dip in May, suggesting potential...

Bond Market's Recession Alarm Continues, Stock Market Impact Uncertain

A bond-market indicator signaling a recession has been flashing since 2022, the longest on record,...

Asian Gold Demand Surges Despite Near-Record Prices

Despite near-record prices, gold demand in Asia is soaring as buyers seek a hedge against...

Gold Prices Rangebound Ahead of Key U.S. Inflation Data, Fed Decision

Gold prices remained stable within a narrow range on Wednesday as investors awaited U.S. consumer...

U.S. Crude Oil Tops $79 as DOE Predicts Supply Deficit

U.S. crude oil prices rose above $79 per barrel on Wednesday, extending gains as the...

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