A rapidly growing list of reports shows a U.S. economic recovery that’s far stronger than most had anticipated just months ago. And both deflation and inflation seem less likely to explode. All this is boosting the dollar — an…
On Thursday, stocks clawed back nearly of the week’s prior losses. Lifting investors’ spirits were an easing of concerns over Irish debt, GM’s massive IPO and some surprisingly positive economic reports.
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For a host of reasons, other countries would love to free their economies from the stranglehold of the U.S. dollar’s influence, especially now, when the Fed’s stimulus actions are pushing the dollar lower, and everything else h…
Gold prices jumped in early Tuesday trading in advance of a Federal Reserve meeting and U.S. elections before leveling off and finishing the day slightly higher than Monday’s levels.
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Gold prices struck another record closing price today, settling at $1,370.50 an ounce on the Comex, as investors continued to look for safe investments in the wake of currency volatility. Gold reached its 16th record high in fi…