According to a recent survey, nearly half of Americans are concerned about the safety of the money they have in the bank, which is the highest level of anxiety since the 2008 financial crisis. According
Buffett Warns Easy Money is Over for US Economy
Warren Buffett, the Berkshire Hathaway CEO, issued a negative outlook for the US economy on Saturday, April 29, 2023, saying the boom period for his businesses has ended. Fears of a US recession and credit
The Federal Reserve & Its Current Rates
The US inflation figures due out next week may offer hints as to whether the Federal Reserve can hold off on raising interest rates at its meeting next month. After a gain of 5.6% a
How Bad will The Banking Crisis Get?
Following the government takeover and subsequent sale of First Republic Bank to JPMorgan, bank shares have fallen on Wall Street this week. The loss was the second-largest bank failure in American history and the third
China’s Gold Splurge – Reserves Rise Again
For the sixth consecutive month, China increased its gold holdings, continuing a wave of purchases as central banks around the world increase their gold holdings in response to rising geopolitical and economic threats. In April