Soaring car-loan debt in the US is a disturbing sign for the economy, showing that the middle class is in…
Browsing: Economy & Money
The US national debt has climbed above $22 trillion. It is projected to continue rising by a trillion each year…
The Italian government is considering selling the country’s gold holdings in an attempt to avoid an increase in value-added tax…
Beijing has joined the global gold rush, increasing its gold reserves for two months in a row to 59.94 million…
The Russian ruble has been gaining ground on the US dollar and the euro after global credit rating agency Moody’s…
Bitcoin (BTC), which continues to languish near seven-week lows, is being outshone by a surge in litecoin prices. BTC, the…
Some Chicago families could start collecting a $1,000 check every month with no strings attached. That’s the new proposal from…
Global central banks bought more bullion last year than at any time since 1971, when the US ended the gold…
Embattled Canadian crypto exchange QuadrigaCX, already embroiled in a variety of previous legal cases, claims that it no longer has…
Oil prices are on track for strong gains this week, and the price increases are not only the result of…
General Motors will start laying off approximately 4250 salaried employees from Monday morning (Feb 4th). The Detroit News reports that…
Caracas plans to sell 29 tons of gold to the United Arab Emirates in return for euro in cash, Reuters…
The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government’s widening budget deficit,…
The plunge of cryptocurrencies has forced investors to seek other safe havens in traditional commodities, like precious metals. Investing analysts…
Venezuela has devalued the bolivar, in an attempt to align the currency’s value with the country’s black market, AFP reported.…
Nicolas Maduro’s embattled Venezuelan regime, desperate to hold onto the dwindling cash pile it has abroad, was stymied in its…
Beijing may cut off all investment to Silicon Valley over Western pressure on China-based Huawei, the former deputy governor of…
Russian gold could become the perfect alternative to conservative investments in the greenback, the CEO of Russia’s key trading floor,…