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It’s not only gold that glitters. Since touching its weakest level in more than a decade in March, silver has doubled to a seven-year high of almost $23 an ounce. Partly, it’s a rally fueled by the same low-yield, weak-dollar haven dynamic that has pushed bullion to within spitting distance of a record. Investor demand
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U.S. Treasury Secretary Steven Mnuchin prepares to testify before the House Small Business Committee at the U.S. Capitol on July 17, 2020 in Washington, DC. Kevin Dietsch | Getty Images Senate Republicans announced Wednesday evening that they have “reached a fundamental agreement” with White House negotiators on how to move forward with a coronavirus relief
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Twitter CEO Jack Dorsey is seated prior to testifying before a Senate Intelligence Committee hearing on foreign influence operations on social media platforms on Capitol Hill in Washington, September 5, 2018. Joshua Roberts | Reuters Twitter reported second-quarter earnings Thursday that missed analyst expectations on revenue and beat on active users. The report comes one
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Wants GOP members to get home to campaign. according to Fox’s Charlie Gasparino, Sen. Majority Leader Mitch McConnell is saying that he wants a quick conclusion to the stimulus talks.  That means foreoing fighting for items like the payroll tax cut that Pres. Trump insists on.  The reason for the tactic?  He wants members home and campaigning to keep the Senate.
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BNZ is ringing alarm bells on the renewed Australian coronavirus outbreak and its implications for cross.  BNZ couch their analysis in NZD/AUD terms: NZD/AUD has found some support after dipping below 0.93  Traders will be wary of taking the cross lower against a backdrop of the COVID19 outbreak in Victoria, as it risks spreading to
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Alan Blinder, former Federal Reserve vice chairman. Brendan Smialowski | Getty Images Former Federal Reserve Vice Chairman Alan Blinder said Wednesday it is imperative that Congress continues to aid ailing Americans who were laid off during the Covid-19 pandemic.  “Cutting the dollar flow in this emergency would be a catastrophic mistake,” Blinder said on CNBC’s
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