Ray Dalio believes there’s a 35% or even 40% chance of a civil war in the U.S.A shot from the dystopian current movie “Civil War,” in which an internal conflict breaks out in the U.S. — an outcome Ray Dalio believes the U.S. is “on the brink” of. Hedge-fund billionaire can foresee people moving to states that align with their political views while refusing to abide by rules made by federal [...] READ MORE Gold shines amid geopolitical uncertaintiesThe World Bank’s precious metals price index climbed 9 percent in April 2024 (m/m), continuing its upward trajectory from the first quarter. Gold reached a new nominal record in April, while silver approached its early 2021 record. Platinum prices also rebounded during the month. Strong demand, fueled by heightened geopolitical tensions, has been supporting the [...] READ MORE High Interest Rates Are Hitting Poorer Americans the HardestChris Nunn of Louisville, Ky., says he has too little credit and too much debt to buy a home, and his rent keeps rising.Credit... The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling. High interest rates haven’t crashed [...] READ MORE Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’JPMorgan CEO has warned for months that rates could stay high Stock indexes hit record high on a sign of cooling inflation Jamie Dimon said he’s still more worried about inflation than markets appear to be. The JPMorgan Chase & Co. chief executive officer said significant price pressures continue to influence the US economy [...] READ MORE Fed’s Powell downplays potential for a rate hike despite higher price pressuresFILE - Federal Reserve Board Chair Jerome Powell appears before the House Financial Services Committee on Capitol Hill, March 6, 2024, in Washington. Powell said Tuesday, May 14, that the central bank is unlikely to hike its key interest rate in response signs of stubborn inflation, and underscored his view that price increases would soon [...] READ MORE What Is Driving Gold & Silver Prices?Join Mike Maloney in this enlightening discussion on "What Is Driving Gold & Silver Prices?" where he delves into the intricate world of precious metals. Discover the critical factors influencing the current market trends, including the explosive industrial demand for silver and significant central bank transactions in gold. Mike also explores the historical shifts in [...] READ MORE Treasury yields drop after cool monthly consumer inflation dataU.S. Treasury yields retreated on Wednesday after monthly consumer inflation data came in softer than anticipated. The rate on the 10-year note fell about 10 basis points to 4.344%. The 2-year Treasury yield was last at 4.726% after sliding by roughly 9 basis points. Yields and prices move in opposite directions. One basis [...] READ MORE US wholesale inflation just hit its highest rate in a yearA worker installs an engine at the General Motors assembly plant in Fort Wayne, Indiana Americans already contending with persistent and stubbornly high inflation just got more unwelcome news on Tuesday: There are more price hikes likely coming down the pike. Wholesale inflation picked up in April to its highest rate in a year, [...] READ MORE More Americans are falling behind on credit card billsCredit card delinquencies rose in the first three months of the year. According to the Federal Reserve Bank of New York, almost 1 in 5 card users is "maxed out," using at least 90% of their credit limit. More Americans are falling behind on their credit card bills. About 8.9% of credit card balances [...] READ MORE « Previous 1 2 3 4 5 6 … 78 Next »