Eurogroup president Pascal Donohy said Monday (January 18th) that euro zone finance ministers renewed their pledge to maintain a stimulus policy for public spending to help the economy meet the challenges of the COVID-19... [read more]
Gold prices fell by more than one percent on Friday, and the metal is heading to suffer the second consecutive weekly loss, as the dollar continued to rise, casting a shadow over the appetite for gold as a hedge against ... [read more]
Gold prices rose in volatile trading Thursday, as data showing weakness in the labor market boosted bets on further government stimulus, supporting the metal's attractiveness as a hedge against inflation and the pressure... [read more]
The number of Americans filing for new unemployment benefits rose last week, confirming weak conditions in the labor market in light of the worsening COVID-19 pandemic that disrupts work in restaurants and companies.The ... [read more]
The US House of Representatives voted Tuesday to urge Vice President Mike Pence to begin enacting the 25th Amendment to the US Constitution to remove President Donald Trump from office, although the Vice President saidIn... [read more]
The United States' crude oil inventories declined while gasoline and distillate inventories increased, the US Energy Information Administration said Wednesday.Crude inventories fell 3.2 million barrels for the week endin... [read more]
The British pound jumped against the euro and the dollar on Tuesday after comments by Bank of England Governor Andrew Bailey about the viability of negative interest rates dampened some expectations of sub-zero interest ... [read more]
Oil prices hit an 11-month high on Friday and are on track for weekly gains, supported by Saudi Arabia's pledge to cut production and strong gains in major stock markets.Brent crude rose $ 1.04, or 1.9 percent, to $ 55.4... [read more]
The US economy lost jobs for the first time in eight months in December as the COVID-19 attack ravaged the country, indicating a significant loss of momentum that may temporarily halt the recovery from the pandemic.The U... [read more]
The dollar rose on Thursday, January 7, hovering above its lowest level in nearly three years, after the Democrats won control of the US Senate, paving the way for a possible greater financial stimulus under President-el... [read more]