Breaking: A Global Gold Lockdown Is Now Underway...
All over the world, vaults are being emptied out by financial insiders. And soon, you may not be able to purchase gold -- at ANY PRICE... Period. Forty-year market veteran and former Goldman Sachs Vice President, Dr. David Eifrig, reveals what is happening behind the scenes in the gold market, and what you must do immediately to prepare.
IMF: Outlook for world economy is brighter, though still modest by historical standards
WASHINGTON (AP) — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth.
A healthy US economy's secret ingredient: Immigrant workers, eager to fill jobs
MIAMI (AP) — Having fled economic and political chaos in Venezuela, Luisana Silva now loads carpets for a South Carolina rug company. She earns enough to pay rent, buy groceries, gas up her car — and send money home to her parents.
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Switzerland lays out new 'too big to fail' rules in wake of Credit Suisse banking turmoil last year
GENEVA (AP) — Wednesday announced steps to bolster its “too big to fail” rules aimed at avoiding potentially disastrous fallout from banking sector turmoil after woes last year at Credit Suisse before .
JPMorgan's Dimon warns inflation, political polarization, wars creating risks not seen since WWII
NEW YORK (AP) — The nation’s most influential banker, JPMorgan Chase CEO , told investors Monday that he continues to expect the U.S. economy to be resilient and grow this year. But he worries geopolitical events including the and the , as well as U.S. political polarization, might be creating an environment that “may very well be creating risks that could eclipse anything since World War II.”
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US jobs report for March is likely to point to slower but still-solid hiring
WASHINGTON (AP) — The American economy is thought to have added 200,000 jobs in March — a more-than-respectable increase though one that would mark a slowdown from February's and last year's monthly average increase of 251,000.
Debt, trade barriers and uncertainty will drag on Asian economies in 2024, World Bank report says
BANGKOK (AP) — Asian economies are not doing as well as they could and growth in the region is forecast to slow to 4.5% this year from 5.1% in 2023, the World Bank said in a report released Monday.
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The last time an event this seismic played out, gold surged 2,382%... yet most Americans had no clue it was even happening. Today, a Stansberry Senior Partner and former Goldman Sachs VP is pulling back the curtain on this strange story playing out in the upper echelons of world finance. And even if you've never owned an ounce of gold, this could impact everything from your investments to your mortgage.
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
LOS ANGELES (AP) — The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing rising prices and a stubbornly low inventory of properties on the market this spring homebuying season.
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
BEIJING (AP) — China’s nationalist leader, Xi Jinping, called for closer trade ties with the U.S. during a meeting on Wednesday with top American business leaders in Beijing that came amid a steady improvement in relations that had sunk to the lowest level in years.
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New Zealand slips into its second recession in 18 months as economy contracts
WELLINGTON, New Zealand (AP) — New Zealand has entered its second recession in 18 months after the latest round of GDP figures confirmed its economy contracted in the last quarter of 2023.
Stock market today: Asian stocks gain ahead of US and Japan rate decisions
HONG KONG (AP) — Asian stocks advanced Monday ahead of policy decisions this week by Japan’s central bank and the Federal Reserve.
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Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent
BEIJING (AP) — Asian markets retreated Friday, with Hong Kong’s benchmark falling nearly 2%, after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon.
Retail sales up 0.6% in February, bouncing back from decline to start the year
NEW YORK (AP) — Shoppers picked up their spending in February after a pullback the previous month, reflecting the mixed feelings Americans have in an economy where prices are up, but jobs are plentiful.
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Stock market today: Asian shares mostly lower, Japan's Nikkei 225 falls 2.5%
BEIJING (AP) — Asian shares were mostly lower on Monday after Wall Street’s huge rally faltered last week.
US jobs report for February is likely to show that hiring remains solid but slower
WASHINGTON (AP) — The nation's economy likely produced another month of healthy hiring in February, once again brushing aside the effects of high interest rates with unexpected ease.
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China seeks ways to revive slowing economy and salvage property market as annual congress convenes
BEIJING (AP) — It's clear that China’s efforts to build confidence in its slowing economy will top the agenda of this week's meeting of its ceremonial national legislature.
China's manufacturing activity contracts for 5th straight month despite policy support
HONG KONG (AP) — Manufacturing in China contracted for a fifth consecutive month in February, according to an official survey of factory managers released Friday, reflecting persistent weakness in the economy ahead of annual legislative meetings where officials are expected to boost policy support.
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US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate
WASHINGTON (AP) — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate.
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
TOKYO (AP) — Asian shares mostly declined Monday, although Tokyo's benchmark Nikkei 225 index reached another record high.
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Gloom settles in over Germany's economy as businesses remain downbeat about coming months
FRANKFURT, Germany (AP) — Germany's businesses remain mired in pessimism, a key survey showed Friday, as Europe's largest economy struggles with shortages of skilled labor, slower global trade, high interest rates and political squabbling.
Japan's Nikkei stock index breaks its 1989 record and surges to an all-time high
Japan’s benchmark Nikkei 225 index surged Thursday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth.
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Stock market today: Asian shares track Wall Street rally as Japan's Nikkei nears a record high
BANGKOK (AP) — Shares advanced in Asia on Friday, with Tokyo's benchmark Nikkei 225 index trading near a record high, 35 years after it peaked and then plunged with the collapse of Japan's financial bubble.
Average long-term US mortgage rate rose this week to 6.77%, highest level in 10 weeks
LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose this week to its highest level in 10 weeks, a setback for prospective homebuyers ahead of the spring homebuying season.
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Japan slips to the world's fourth-largest economy, behind the US, China and now Germany
TOKYO (AP) — Japan has slipped to the world’s fourth-largest economy as government data released Thursday showed it fell behind the size of Germany's in 2023.
Recession risks are fading, business economists say, but political tensions pose threat to economy
WASHINGTON (AP) — Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn would likely result from an external shock – such as a conflict involving China – rather than from domestic economic factors such as higher interest rates.
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It's a mismatch on the economy. Even as inflation wanes, voters still worry about getting by
GRAND RAPIDS, Mich. (AP) — Bartender Catey Regis had a pricey misadventure buying a used car recently — an experience that speaks to why voters are worrying about the U.S. economy going into .
Stock market today: Asian shares are mixed, with China up after state fund says it will buy stocks
BANGKOK (AP) — Shares were mixed Tuesday in Asia, where Chinese stocks surged after a government investment fund said it would step up stock purchases and a report said leader Xi Jinping was set to meet with officials to discuss the markets.
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