US Debt Default Fears Spark Rising Unease Among Investors
The cost of insuring exposure to United States sovereign debt rose on Wednesday to its highest level since 2011 after ...
Sunday, February 2, 2025
Tag: The Epoch Times
JPMorgan Posts Record Revenue and 52 Percent Profit Jump
JPMorgan Chase posted record profits and an overall boost in revenue in the first quarter, in the face of recent turmoil ...
Ex-Treasury Secretary Predicts ’70 Percent’ Chance Recession Begins This Year
A recession is most likely right around the corner, said a former Clinton and Obama administration official in a Sunday ...
Top Economist Warns Regulators Face ‘Mission Impossible’ Amid Inflation, Recession Risks
Economist and New York University professor Nouriel Roubini, often referred to as “Doctor Doom” for his pessimistic economic forecasts, said ...
Massive Central Banks’ Gold-Buying Spree Continues for 11th Consecutive Month
Global central bank gold reserves increased by an additional 52 tons in February, representing the 11th consecutive month of net ...
Gold Exceeds $2,000 to Hit Record Annual Level Amid Weak Economic Data
The price of gold peaked above $2,000 on April 5, boosted by weak U.S. economic data as well as fears ...
Banking Crisis Is How It Starts, Recession Is How It Ends
As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something is breaking. As noted ...
Unease Over Banking Sector Turmoil Spurs Huge Demand for Precious Metals
COTTONWOOD, Ariz.—Coin Heaven co-owner Gabe Wright saw precious metals demand rise to new heights during the pandemic, but nothing as ...
Confidence in US Banks Plummets After Failures
The banking turmoil following the collapse of Silicon Valley Bank (SVB) has significantly affected the American public’s confidence in banks and ...
Bank Failures Highlight Risks of Using ESG in Americans’ Pension Funds
President Joe Biden used his veto power on Monday to block a bipartisan action from Congress that would have prevented ...
