When unemployment jumps in nearly half of US states, a recession almost always follows, Piper Sandler's Nancy Lazar told ...
The Biden administration once again tries to hide how Treasury officials determined that America didn't experience a ...
The economy continues to roll, jobs are plenty and consumers are getting a bit more upbeat. That's bad news for interest-rate ...
JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs ...
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
The public should be prepared for higher interest rates in 2025 as the fight against inflation will likely stretch into next ...
The high-for-long mantra recently adopted by US central bank policymakers raises threats for the economy and financial ...
The world’s biggest bond market sold off after weak Treasury sales, with traders also weighing mixed economic data and ...
The following year, the United States entered a recession caused by the pandemic. When short-term rates increase, US banks raise benchmark rates for a wide range of consumer and commercial loans ...
Gold price was modestly up late in the North American session, registering gains of around 0.15% amid high US Treasury bond yields that make it less appealing to hold the non-yielding metal.
UBS analysts raised their gold price projection to $2,600 by the end of 2024. Citi experts forecast that gold will reach $3,000 per ounce during the next six to eighteen months.
Treasuries fell and stocks wavered after a pair of weak US bond sales, with traders also weighing mixed economic data and remarks from Federal Reserve speakers that will help shape the outlook for ...