US weekly jobless claims fall more than expected; continuing claims riseWASHINGTON, April 11 (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that the labor market remained fairly tight, though it could be taking longer for some laid off workers to land new jobs. Initial claims for state unemployment benefits dropped 11,000 to a seasonally […] READ MORE $100,000 In Gold Recovered In Fraud Investigation: East Hampton PolicePolice said an accused scammer identified himself as a Homeland Security agent and demanded payment from an East Hampton resident in gold. Two men accused of attempting to scam an East Hampton resident out of a large amount of gold were arrested last week, according to police. (Shutterstock) EAST HAMPTON, CT — Two men accused […] READ MORE The ‘supercore’ inflation measure shows Fed may have a real problem on its handsKEY POINTS Markets are buzzing about an even more specific prices gauge contained within the data — the so-called supercore inflation reading. The gauge measures services inflation excluding food, energy and housing and has been roaring higher lately, up 4.8% year over year in March and more than 8% at a 3-month annualized pace. The […] READ MORE Scientists reveal Antarctica’s tallest active volcano is blasting out gold that could be worth a fortuneThere's a volcano in Antarctica that spews out literal bits of gold. If only money grew on trees or fell from the sky eh? Well, if you fancy a trip to the cold depths of Antarctica and fancy your chances getting fairly up close and personal with the highest active volcano in the continent, the [...] READ MORE European Central Bank gives strong signal that cuts are on the way despite Fed uncertaintyKeypoints The European Central Bank on Thursday held interest rates steady for a fifth straight meeting but gave its strongest indication yet that rate cuts could be ahead. In a statement, the institution said, “it would be appropriate to reduce the current level of monetary policy restriction” if inflation continues to move toward its 2% […] READ MORE Gold to surge to $2500, UBS predictsAs the price of gold climbed to a new all-time high on Monday, strategists at UBS said there were good reasons to expect the price to continue rising. The rally of around 13% so far in 2024, as the market responds to geopolitical risks and the effect of renewed inflation risks on Federal Reserve [...] READ MORE Economist warns of urgent US ‘debt detox’: We’re going to be in a recession before people know itA market expert is sounding the alarm on the country’s growing debt crisis, suggesting a “debt detox” in order to see the “the next great boom.” “We’re going to have to finally have a short-term debt detox before we can get going on the next great boom,” Financial author and HS Dent founder Harry Dent […] READ MORE Silver Up Roughly 18% YTD – Is It Still Undervalued?Gold is making headlines, surging ahead this month with an impressive 14% increase year-to-date. Yet, in the shadows, silver’s performance quietly outstrips gold’s, marking a notable 18% gain since the beginning of the year. When you’re faced with these attractive opportunities, how do you decide how to allocate your funds? How much to gold and […] READ MORE Stocks tumble, dollar firms amid geopolitical risk, mixed central bank viewsNEW YORK/LONDON, April 12 (Reuters) – U.S. stocks sold off sharply on Friday while the dollar jumped as investors grappled with rising geopolitical tensions and persistent inflation that could lead to diverging monetary policy between the U.S. and Europe. MSCI’s gauge of stocks across the globe (.MIWD00000PUS), opens new tab was last down 1.2%, its […] READ MORE « Previous 1 2 3 4 … 62 Next »
