Learn

Texas Man Charged With Orchestrating Digital Currency Scam That Bilked Investors out of More Than $10 Million

CHICAGO — A Texas man has been indicted in Chicago on federal fraud charges for allegedly orchestrating a digital currency scam that bilked investors out of more than $10 million.   ROBERT DUNLAP, 52, of Houston, Texas, is charged with four counts of mail fraud in an indictment returned in U.S. District Court for the [...] READ MORE

UK inflation falls more than expected, hits lowest in nearly two-and-a-half years

KEY POINTS The Office for National Statistics said the largest downward contributions came from food, restaurants and cafes, while the largest upward pressure came from housing and fuel. “Following a torrid couple of years for U.K. households, this morning’s inflation print is yet further evidence that the outlook for consumers is brightening,” Zara Nokes, global [...] READ MORE

Here’s why high interest rates haven’t caused a US recession

Mortgage rates are a key channel for transmitting monetary policy through to the broader, real economy — but it's not functioning the way it has in the past. Washington, DC CNN — As the Federal Reserve starts its March policy-making meeting on Tuesday, interest rates remain at a 23-year high, yet unemployment is low, stocks [...] READ MORE

Japan raises interest rates for first time in 17 years

Japan has been hoping to see inflation for decades Japan's central bank has raised the cost of borrowing for the first time in 17 years.   The Bank of the Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose.   [...] READ MORE

56% of Americans can’t afford a $1,000 emergency expense: We are ‘living in a paycheck-to-paycheck nation,’ money expert says

Iuliia Burmistrova | Moment | Getty Images A majority of Americans say they can’t afford a $1,000 emergency expense, a recent report from Bankrate finds.   Only 44% of Americans surveyed said they could use their savings to pay for an unexpected expense, instead opting to put it on a credit card or borrow cash [...] READ MORE

Japan’s GPIF Seeking Info on Illiquid Assets Such as Forests, Gold as Part of Research

Japan's Government Pension Investment Fund is requesting information on illiquid assets such as forests and gold as part of its research activities.   GPIF said Tuesday that it is seeking basic information on illiquid assets such as forests, farmland, gold and bitcoin, on how to incorporate them into portfolios, and examples... READ MORE

An overlooked Fed policy comes into focus as central bankers weigh how to slow ‘QT’

Central bank officials are expected this week to discuss a strategy for how to slow the shrinking of the Federal Reserve’s balance sheet, a lesser-known policy tool they have been using to tighten financial conditions while fighting inflation.   Over the last two years, the Fed has shed roughly $1.5 trillion in Treasury and mortgage [...] READ MORE

Russian grain chief says BRICS exchange idea gaining traction

MOSCOW, March 19 (Reuters) - A Russian idea backed by President Vladimir Putin for a BRICS grain exchange that would allow buyers to purchase directly from producers is gaining traction ahead of summit of the group in October, the head of the Russian Union of Grain Exporters said.   China and India are the world's [...] READ MORE

The Case For Silver Could Not Be Clearer

Join Mike Maloney in his backyard as he delves into the compelling case for silver. In this video, Mike presents a thorough analysis of the silver market, discussing key indicators, historical patterns, and expert insights pointing towards an impending bull market. From the completion of a giant cup and handle pattern to warnings about derivatives [...] READ MORE