CNN — US consumer sentiment hit a new record low in June amid growing concerns about inflation, according to a closely followed University of Michigan survey released Friday. The final …
Consumers are feeling even worse about the US economy thanks to inflation Read More
There has been a lot of chatter recently about the possibility of a recession. Yet what exactly does that mean — and what would a potential downturn look like? A …
What to expect in a typical recession Read More
(KitcoNews) Gold’s volatility has been relatively low compared to other assets as the precious metal retains its “mild bull market” status and trades comfortably between $1,800-$1,900 an …
What’s gold price outlook as markets shift from inflation to recession fears? Read More
President Biden escalated a war of words with Chevron CEO Michael Wirth Tuesday after the country’s second-largest oil company rejected the president’s “political rhetoric” about high gas prices. “He’s mildly …
Biden mocks ‘sensitive’ Chevron CEO Michael Wirth in spat over gas price claims Read More
We’re freaking out. A bear marketplunging 401(k) plans, and rising inflation have Americans properly spooked — especially those in or nearing retirement. “When you hear the doom and gloom, you …
Inflation, recession fears spook retirement-age Americans Read More
A young boy sits in front of a damaged building after a strike in Kramatorsk in the eastern Ukranian region of Donbas, May 25. Photos: Aris Messinis/Agence France-Presse/Getty Images Sometimes …
Biden’s Ukraine Ambivalence – WSJ Read More
Motorists across the US are grappling with gasoline prices that are reaching new records almost daily, but the pain isn’t evenly distributed across the nation. Take the handful of locations …
In these locations, a gallon of gas costs more than the federal minimum wage Read More
A global recession is not imminent, but brace for rising costs and slower growth, economists say. “There will be no sudden ‘after’ of stagflation,” said Simon Baptist, global chief economist …
No global recession yet but brace for stagflation, economists say Read More
BOGOTA, Colombia (AP) — In a blow to Colombia’s political class, a former leftist rebel and a populist businessman took the top two spots among the six candidates in the …
Colombia presidential race to runoff; leftist vs businessman Read More
A little pre-summer cheer finally filtered its way into the stock market the week before memorial daybut it will likely take more than the Dow Jones Industrial Average’s first winning …
Why the Dow finally bounced — and what it will take to prove it’s for real Read More