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On Tuesday, following a sharp downturn the day before, the top five U.S. benchmark indices made a recovery. However, Airbnb, the prominent vacation rental company, reported that it does not…
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity…
The trillion-dollar coin, an idea that surged as a solution to raising the U.S. debt ceiling on more than one occasion, was recently revealed to have been considered by the…
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29.…
Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S. economy. In an interview with Michelle Makori of Kitco News, Gammon pointed…
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs…
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further…
El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly expressed interest in joining the BRICS bloc and may…
The World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and…
The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should…