Gold price trades near high after preliminary Consumer Sentiment falls to 46.3, inflation expectations rise
(Kitco News) – The gold market is trading not far from session highs after the latest data showed consumer sentiment…
Marginal improvement in CPI may not be enough to stave off September rate hike – Natixis’ Christopher Hodge
(Kitco News) – Friday’s CPI report will likely show that underlying inflation continues to move in the right…
Gold price at $4,463/oz after ISM Services PMI rises to 55.4 in August
(Kitco News) – The U.S. service sector improved above expectations last month, according to the latest data from…
ACTU creating ‘blind spot’ for RBA, economist warns as the body withholds inflation expectations data after criticism
The peak body for unions has made a drastic move to secure higher wages and prevent future interest…
‘Unthinkable’: Aussie loses $150k in First Guardian super collapse
A Sydney man who lost $150,000 in retirement savings says regulators and the government failed to protect thousands…
Fed’s Musalem argues against easy policy just to bolster productivity
Aug 6 (Reuters) – Federal Reserve Bank of St. Louis President Alberto Musalem said on Thursday it is…
Samsung posts staggering 1,300pc profit surge as AI chip boom shows no sign of slowing
The artificial intelligence boom has delivered another eye-watering milestone this week as Samsung posted one of the biggest…
Chris Bowen’s office of renewables spin glosses over fresh net zero cost projection in alarming CSIRO report
There are two reasons your electricity prices are going up, and neither can be blamed on the government.…
Strong retail sales mask widening K-shaped economy as consumer financial stress mounts
(Kitco News) – The U.S. consumer continues to support economic growth, but beneath resilient headline spending, new data…
Labor’s tax changes threaten state budgets as lower property prices yield lower stamp duty, S&P Global warns
Labor’s tax changes could hurt state budgets which are already full of “overly optimistic” revenue forecasts, a major…
FOMC minutes show a Fed united on rates and communications, but concerned about impacts of Iran, tariffs and AI on inflation
(Kitco News) – The minutes from the June 16-17 Federal Open Market Committee (FOMC) meeting showed members united…
Fed’s Williams tells Fox Business he’s more sanguine on inflation due to energy price retreat
July 7 (Reuters) – Federal Reserve Bank of New York President John Williams said in a television interview…