Gold prices jumped to record highs Wednesday, a day after the Federal Reserve’s latest policy meeting.
The price of bullion reached a new record of $1,294.95 an ounce, before slipping to $1,293.10 an ounce, Reuters reported.
The Fed’s statement T…
Stocks closed ever-so-slightly higher Friday as traders weighed some better-than-expected earnings news and inflation data against slumping consumer sentiment.
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In Asia Friday Hong Kong’s Hang Seng climbed 1.3% to 21,971 and China’s Shanghai Composite Index dipped 0.1% to 2,599. In Japan the Nikkei 225 Index rose 1.2% to end the week at 9,626.
Continue reading Record G…
It has been two years since Lehman Brothers went under, sparking the Great Recession. While the banks have done surprisingly well in past two years, the economy is still struggling to recover and millions remain out of work. He…
Gold prices hit a record high Tuesday and may reach a record $1,300 an ounce later this year as investors fearing debt crises and potential inflation from interest rate cuts may put more of their money into the precious metal.
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