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…
The RBA has no choice but to hike rates as US currency crown slips
It is a phrase synonymous with American dominance, especially when it came to matters financial. In God We…
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…
Open Questions | US economist Barry Eichengreen on reality of de-dollarisation and next currency reshuffle
Barry Eichengreen is a leading American economist and one of the world’s foremost experts on international monetary systems.…
Dollar to yen: US dollar weakens sharply against the Japanese yen after officials intervene in markets
TOKYO — The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and…
Dollar to yen: US dollar weakens sharply against the Japanese yen after officials intervene in markets
TOKYO — The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump and…
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…
Hong Kong drops to 4th costliest city for wealthy amid change in luxury spending
Hong Kong now ranks lower among the costliest cities for rich people “living well”, with Singapore the most…
Why has China lowered its own ranking in global financial competitiveness?
A Beijing-based governmental think tank has taken the rare step of lowering China’s global financial competitiveness ranking by…
Global Wealth Jumps but Disparity Widens, UBS Report Shows
The good news: The world got a lot richer last year. The bad news: You probably didn’t. Personal…