U.S. Credit Card Debt Hits Record $1.14 Trillion

U.S. Credit Card Debt Hits Record $1.14 Trillion

U.S. consumer credit card debt has reached a record high of $1.14 trillion in the...

Forbes Explains CBDCs: Understanding the Rise of CBDCs

Central Bank Digital Currencies (CBDCs) are digital versions of a country’s fiat currency, issued and...

Modest Inflation Increase Won't Derail Fed's Easing Strategy

The Federal Reserve is expected to proceed with an interest rate cut in September despite...

Gold Hits Week-High as Investors Eye Fed's Next Move

Gold prices have risen to their highest level in a week as investors anticipate crucial...

Italian Jewelry Exports Soar on Turkish Gold Demand

A significant increase in Turkish demand for gold, driven by high inflation, has boosted Italian...

Vance Supports Trump's Call for Presidential Influence Over Fed

Republican vice presidential nominee JD Vance has expressed support for former President Donald Trump’s suggestion...

UBS Sees Strong Potential in Commodities, Elevates Precious Metals Allocation

UBS Global Research maintains a positive outlook on the commodities sector, emphasizing its potential to...

Record-Breaking Value: Paris Olympic Gold Medals Worth $900

The gold medals awarded at the 2024 Paris Olympics are valued at approximately $900 due...

Market Awaits Inflation Data as Gold Prices Rise

Gold prices rose on Monday as traders anticipated key U.S. inflation data and potential interest...

Oil Prices Rise Above $80 Amid Iran-Israel Tensions

Oil prices have climbed back above $80 per barrel, marking their first weekly gain since...

Could Central Bank Buying Send Gold to $3,000?

A recent survey from the World Gold Council reveals central banks plan to increase their...

Schmid: Inflation Close, But Rate Cut Uncertain Without More Data

Federal Reserve Bank of Kansas City President Jeffrey Schmid expressed skepticism about a potential interest...

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