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Category Economy

Former Treasury Secretary warns investors may be underestimating risks to Federal Reserve’s independence

Former Treasury Secretary warns investors may be underestimating risks to Federal Reserve’s independence

Former Treasury Secretary Lawrence Summers warned that investors may be underestimating risks to the Federal Reserve’s independence, saying calm co...
U.S. records lower-than-expected 7.18M job openings in July

U.S. records lower-than-expected 7.18M job openings in July

U.S. JOLTS report released on Wednesday showed lower-than-expected 7.18M job openings in July.
Gold has gained 37% year-to-date, nearly four times the S&P 500’s return despite a strong rally

Gold has gained 37% year-to-date, nearly four times the S&P 500’s return despite a strong rally

Gold is running laps around Wall Street’s finest. The S&P 500 has surged 1,650 points in under five months, one of the strongest runs in decades. B...
Oil prices fell over 2% on Wednesday after news broke that OPEC+ may raise production again in October

Oil prices fell over 2% on Wednesday after news broke that OPEC+ may raise production again in October

Oil took a hit on Wednesday after word broke that OPEC+ is weighing another production boost for October. Brent dropped by $1.54, closing at $67.60...
BREAKING: FED Releases the Much-Anticipated Beige Book – Here’s Everything You Need to Know

BREAKING: FED Releases the Much-Anticipated Beige Book – Here’s Everything You Need to Know

The FED has published the Beige Book document, which investors have been eagerly awaiting, containing details about the US economy. Continue Read...