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U.S. May Budget Deficit Soars to $347 Billion

The U.S. government reported a $347 billion budget deficit for May, significantly higher than the...

Bank of America Predicts Silver Prices to Hit $35/oz by 2026

Bank of America forecasts a bullish outlook for silver prices, predicting an increase to an...

Report: Singapore Positioned to Emerge as Major Global Gold Hub

Singapore is set to become a leading gold hub as the gold market shifts eastward,...

As Inflation Rises, Prepare for Crime

Inflation breeds desperation, and desperation breeds crime. As central banks in Europe and Canada cut...

Fed Leaves Rates Steady, Projects Fewer Cuts in 2024 Amid Slower Inflation

The Federal Reserve announced it is keeping its key interest rate unchanged to combat high...

Treasury Secretary Yellen: Debt Burden Sustainable at Current Levels

Treasury Secretary Janet Yellen stated that the U.S. national debt, currently at $34.7 trillion, is...

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...

Wholesale prices unexpectedly fell 0.2% in May

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

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...

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...

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...

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