Consumer Confidence Dips: Retail Sales See Unexpected Decline in JanuaryIn January, retail sales experienced a significant decline of 0.8%, indicating a potential warning signal for the economy. This drop, reported by the Commerce Department, surpassed the modest 0.3% decrease economists had predicted, reflecting a more substantial consumer pullback than anticipated. Despite seasonal adjustments, the decrease was even evident when excluding auto sales, which fell […] READ MORE Fed Vice Chair Warns of Challenges on Road to Inflation TargetFederal Reserve Vice Chair for Supervision Michael Barr commented on the economic challenges ahead, noting the U.S.’s path back to 2% inflation “may be a bumpy one.” Despite a year-on-year consumer price increase of 3.1% and a core inflation rate holding steady at 3.9%, largely propelled by rising shelter costs, Barr expressed a cautious optimism. […] READ MORE Japan Sounds the Alarm on Yen's Speculative Tumble Amidst Rising U.S. InflationJapan’s financial leaders have raised concerns over the swift and speculative decline of the yen, which recently crossed the 150 mark against the dollar, posing risks to its trade-dependent economy. This warning came as the dollar reached a three-month high against the yen following U.S. inflation data for January, which exceeded expectations and bolstered the […] READ MORE January Inflation BreakdownCNBC shows the inflation breakdown for January 2024 in one chart. The CPI rose by 3.1% in January and workers’ buying power has increased each month since May. However, there were a few potentially worrying signs under the surface. READ MORE Fed's Rate Cut Hesitation: Inflation Concerns and Economic Uncertainties DominateAs the Federal Reserve kicked off 2024 nearly achieving its inflation target, officials remain hesitant to lower interest rates due to the persistent risk of inflation exceeding their 2% goal. Recent inflation data, particularly concerning consumer prices excluding food and energy, rose unexpectedly in January, suggesting businesses, especially within the services sector, still possess significant […] READ MORE How To Buy Gold Coins, Bars, Bullion & More [What You Need to Know]Read this guide to learn how to buy gold bullion for investment including how to buy gold coins and gold bars, which are better, and pitfalls to avoid. READ MORE SSR Mining Stops Gold Production after Landslide in TurkeyGold miner SSR Mining suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing. The disaster also sent the stock down more than 50% in its Toronto-listed shares. READ MORE Zimbabwe Will Attempt to Create Gold-Backed CurrencyOn Monday Zimbabwe’s government said it plans to introduce a gold-backed currency to replace the country’s nearly worthless dollar. Minister for Finance and Economic Development Mthuli Ncube told reporters in an online press conference that Zimbabwe was making the move to ensure sustained growth. “Going forward, we want to make sure that the growth we […] READ MORE Why Buy Silver? 10 Reasons to Invest in Silver (w/ Charts)On the fence about investing in silver? These charts and analysis will help you decide why you should buy. Learn how to invest and why silver is valuable. READ MORE « Previous 1 … 54 55 56 57 58 … 78 Next »
