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…
Russia’s Steel Output Falls to 15-Year Low as Sanctions, Weak Demand Bite
Russia’s steel production fell to its lowest level in 15 years in 2025, as Western sanctions, weak domestic…
Gold And Silver Fall To 2-Month Lows
Topline The prices of gold and silver plunged Tuesday afternoon on fresh Iran war tensions and expectations of…
Russia Rejects Steelmakers’ Calls for Tax Breaks as Sector Slump Deepens
Russia’s government has rejected requests from steel producers for broad tax breaks, opting instead for limited, targeted support…
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…
Value of Australian dollar now dependent on interest rates, commodities prices and geopolitics
The Australian dollar has been on a slow march down from a peak of 109 US cents achieved…
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…
Russia’s Central Bank Starts Selling Physical Gold From Reserves
Russia’s Central Bank has for the first time begun selling physical gold from its reserves as part of Finance…
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…