Gold and silver get hit by hawkish Fed boost to dollar – which has reached its highest level since July
Gold, silver, and other commodities tumbled after the dollar got a lift from Chicago Fed President Charles Evans, who said…
Tag: Economy
US stocks edge higher to another record close amid trade-war optimism
US stocks continued their record run and closed higher on Tuesday, driven by trade optimism between the US and China.…
European economy will suffer deeper recession than expected
The European Commission said Tuesday that it expects the EU economy to shrink 8.3% in 2020, considerably worse than the…
It’s a scary time to be unemployed. These people still chose to get laid off
It’s a scary time to be unemployed. Even with a better-than-expected June jobs report Monday, the unemployment rate still stands…
The coronavirus outbreak is the ‘biggest danger’ for the global economy since the financial crisis and could halve growth in 2020, OECD warns
The OECD has warned that the global economy is facing its biggest threat since the financial crisis. Global growth is…