Inflation Drives More Households to Shift Toward Safe-Haven Investments
Rising inflation prompts more households, especially Black families, to explore safe-haven assets like gold, U.S. Treasury bonds, defensive stocks, and alternative currencies.
Rising inflation prompts more households, especially Black families, to explore safe-haven assets like gold, U.S. Treasury bonds, defensive stocks, and alternative currencies.
Stock futures declined as markets balanced cautious optimism over U.S.-Iran nuclear talks with upcoming inflation data that could influence Federal Reserve policy and market direction.
Kevin Warsh’s effort to reduce the Federal Reserve’s forward guidance risks raising Treasury, mortgage, and corporate borrowing costs by making interest rate policy less predictable.
Canada faces another recession, with the Prime Minister attributing the slowdown to recent reductions in immigration levels after years of significant migrant influx.
Massive bonuses at leading South Korean chipmakers are driving wage growth and consumer spending higher, raising inflation concerns for the Bank of Korea amid ongoing economic pressures.
Newly appointed Fed Chair Kevin Warsh challenges expectations by prioritizing inflation control and data-driven decisions instead of political loyalty to the president.
Inflation in May is expected to climb due to surging oil and gasoline prices, with economists watching closely for broader effects on consumer prices beyond fuel.
Rising oil and gasoline costs are expected to push Canada's inflation higher in May, though economists will watch closely for broader price increases beyond fuel.
Indian equity indices extended weekly gains driven by optimism over a US-Iran peace pact and easing crude prices, despite tech sector setbacks and monsoon concerns.
Eugenia Kuyda warns widespread job struggles linked to AI automation may trigger intense protests, challenging the belief that new technology will create enough new roles.
Riverside County’s unemployment rate declined modestly to 4.7% in May, reflecting a combination of job gains and losses across multiple sectors in the regional economy.
Oregon’s unemployment rate remained unchanged at 5.2% in May, even as payroll employment rose modestly with gains in services offset by manufacturing losses.