Gas Prices Could Soar Past Last Year's Rates Amid Refining WoesGasoline prices in the U.S. are undergoing significant increases due to recent constraints on refinery operations and rising oil prices. As of Monday, the national average price for a gallon of gas was $3.35, marking a $0.09 increase from the previous week, yet it remains $0.05 cheaper than this time last year, according to AAA. […] READ MORE New Highs For Gold & Bitcoin: Monthly Wrap with Alan HibbardFrom precious metals to the stock market, Alan breaks down the key events shaping your financial future. READ MORE US Housing Market Shows Life, Yet Overvaluation Clouds Recovery, Fitch ReportsThe US housing market is beginning to show signs of recovery with an increase in sales and inventory, yet challenges persist due to significant overvaluation, according to Fitch Ratings. Despite a positive shift in market dynamics, the effects of last year’s price surge have exacerbated the issue, with homes being overvalued by an average of […] READ MORE The Elite's Escape Plan: Inside the Billionaire Bunker BoomRecent reports from various international media outlets have highlighted a trend among the world’s wealthiest individuals, including high-profile figures like Meta’s Mark Zuckerberg and entrepreneur Elon Musk, preparing for catastrophic scenarios by building massive bunkers stocked with food and significant quantities of gold. According to The Daily Star, Zuckerberg has initiated plans for a substantial […] READ MORE Warm Winter Weather Dips Oil Prices Despite OPEC+ Cut ExtensionOil prices experienced a slight decline on Monday, despite OPEC+ announcing an extension of its voluntary output cuts through the middle of the year. This decision, aimed at stabilizing the market amidst global economic uncertainties and increased production outside the OPEC+ group, did not offset the dampening effects of warm winter weather on demand. Brent […] READ MORE Why Gold May Not Go Above $2,100 Without Rate CutsJohn Authers explains why a sustained rally for gold above $2,100 would need rate cuts. But there are increasingly sound reasons why they might not happen. READ MORE Fed's Rate Cut Expectations Delayed as US Economy Proves RobustThe US economy’s resilience has led to a reassessment of expectations for interest rate cuts in 2024. Initially, after enduring prolonged inflation and increased borrowing costs for over 20 months, there was widespread anticipation among investors, economists, and Federal Reserve officials that the economy would weaken, enabling the Fed to commence rate reductions. However, the […] READ MORE America Blew Almost $2 Trillion. Make It Stop: Kathryn EdwardsKathryn Edwards critiques the mismanagement of the US federal budget, highlighting the nearly $2 trillion that seems to have been wastefully spent. The article points out the routine funding disputes and debt-ceiling conflicts that risk causing defaults and shutdowns, alongside a declining credit rating for the country. Despite the government’s size, the issue isn’t its […] READ MORE Gold Nears Two-Month High Amid Anticipation of US Rate CutGold prices remained close to a two-month high, influenced by last week’s weak U.S. economic data, which has increased expectations for the Federal Reserve to lower interest rates in June. As of midday GMT, spot gold was stable at $2,082.89 per ounce, while U.S. gold futures saw a slight decline of 0.2% to $2,091.50. The […] READ MORE « Previous 1 … 23 24 25 26 27 … 62 Next »
