What will Washington do next if US bond yields keep rising?
Oct 5 (Reuters) – The US government is paying more to borrow, and it is running out of…
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…
Economist who called the 2008 crash says the AI bubble has “less than a year to go”
(Kitco News) – Steve Keen has spent two decades telling anyone who’ll listen that markets watch the wrong…
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…
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…
The U.S. K-shaped economy just keeps getting worse – LegalShield’s Layton
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
Spot gold retests $4,600/oz after U.S. existing-home sales rise 5.1% in December – KITCO
Spot gold retests $4,600/oz after U.S. existing-home sales rise 5.1% in December KITCOUrgent| New data: Sales of existing US…
Christmas Holiday, GDP, Consumer Confidence, Jobless Claims
Toshi Sasaki / Getty Images The Christmas holiday means a shortened week for traders. Traders will get some…
US weekly jobless claims fall to three-year low – KITCO
US weekly jobless claims fall to three-year low KITCOUS filings for jobless benefits fall to 191,000, lowest since September…
Here’s How The Ultra Wealthy Spent Money This Year
Topline The ultra wealthy held up the global luxury goods market this year despite global economic and political…
IMF’s multimillion-ounce ‘hoard of gold’ could fund debt relief for African countries – G20 report – KITCO
IMF’s multimillion-ounce ‘hoard of gold’ could fund debt relief for African countries – G20 report KITCOAfrica expert panel proposes…
Iron ore price hits multi-month lows as China demand concerns linger
Iron ore touched multi-month lows on Monday amid concerns over demand in top consumer China and rising portside…