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How Does Gold Perform With Inflation, Stagflation And Recession? AT A GLANCE Gold prices soared in the 1970s era of inflation, but the root causes of inflation are different today In six of the last eight recessions, gold outperformed the S&P 500 by 37% on...... The job market held up in May. But the Fed may have already decided to pause Washington, DC CNN  —  The US labor market picked up momentum in May, once again defying expectations of a slowdown. But Federal Reserve officials are still likely to suspend rate hikes in their...... Nasdaq, S&P 500 Set 2023 Highs Topline The tech-heavy Nasdaq hit a 14-month high Friday, largely driven by massive gains from a handful of the widely tracked tech index’s largest companies, while the Dow Jones Industrial Average...... Crypto during a recession: Here’s what to expect Bitcoin and other cryptocurrencies have been on a roller coaster ride over the last 18 months, starting in late 2021, when the Federal Reserve announced that it would aggressively raise interest...... Strong Employment, Inflation Means Fed Has To Keep Hiking Interest Rates In 2023 The shows continued growth in the economy, with no deceleration. Wage inflation has slowed relative to its peak in 2022, but the latest monthly data show it continuing well in excess of reasonable...... May 2023 Jobs Report Signals A Weaker Economy For New Graduates The May 2023 jobs report may give the Federal Reserve another reason to pause on interest rate hikes and another reason new graduates should not burst into the interview room asking for a big raise...... Bear Market Guide: The Different Phases And How To Invest During One If the prevailing economic outlook for the U.S. is accurate, we're headed for a recession later this year. And, unfortunately for investors everywhere, recessions can be problematic for the stock...... Today’s Jobs Report Signals A Weaker Economy Today’s jobs report may give the Fed another reason to pause on interest rate hikes and another reason new graduates should not burst into the interview room asking for a big raise and remote...... US Jobs Market Is Still Fiery As ADP And US Labor Jobs Reports Streak Far Ahead Of Expectations Key takeaways The US jobs report from the Labor Department came in hotter than expected, but unemployment also rose more than anticipated ADP jobs report yesterday showed a big increase in April...... NYC Planners to Study Hybrid Work Impact on Manhattan Economy Placer to crunch cell phone data to glean spending trends in business districts. NYC’s Department of City Planning is...... Economic downturns explained: What is a recession vs. a depression? What makes a recession a depression? And what constitutes a recession in the first place? Unfortunately, there's no simple answer. The National Bureau of Economic Research (NBER) has declared a...... Who wins if the debt ceiling plan passes? Everyone. Here's why. The Greater Good. That’s the lesson of the debt ceiling deal if it passes, as expected, according to economists.  Both Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell are...... Dollar General’s cash-strapped customers are turning to food banks, CEO says New York CNN  —  Dollar General’s stock just had one of its worst days ever on Wall Street. And that spells trouble for Main Street. The discount retailer’s shares fell 20% Thursday after the...... Inflation Threat To US Consumer Economy Looks A Bit Inflated Imagine, for a moment, that the following hypothetical headline described the current state of our economy: US in Recession: High Prices Drive Household Spending Down 1.2%. We can hypothetically...... US mortgage rates climb to their highest level since November Washington CNN  —  US mortgage rates jumped higher last week as uncertainty about the debt ceiling standoff sent bond yields rising. The 30-year fixed-rate mortgage averaged 6.79% in the...... Macy’s and Costco sound a warning about the economy New York CNN  —  Macy’s, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy. Macy’s (M) on...... What Investors Can Learn From The Recent Banking Crisis ...was closed by the New York State Department of Financial Services. The FDIC was appointed as receiver for SVB and Signature and ultimately acted to fully protect all depositors. We can now add...... Why The 14th Amendment Is Part Of The Debt Ceiling Drama As the debt limit drama plays out, Americans might be wondering if there is a better way to prevent defaulting on US debts and perhaps inducing a global recession or depression. President Biden,...... 10 best low-risk investments in June 2023 ...re maximizing your returns. Risk: Money market accounts are protected by the FDIC, with guarantees up to $250,000 per depositor per bank. So money market accounts present no risk to your principal...... Best 6-month CD rates of June 2023 ...March, 2023 is 0.97% according to the Federal Deposit Insurance Corporation (FDIC). All of the CDs on our list offer significantly higher APYs than the national average. Are short-term CD rates...... Mortgage rate forecast for June 2023: Don’t count on lower rates Mortgage rates were supposed to start falling by now. Instead, they’ve been flirting with 7 percent. Given a recent shift in the economic outlook, mortgage experts say there’s little...... As debt ceiling deal passes House, stock futures take milestone in stride Financial markets barely reacted Wednesday to the U.S. House of Representatives' passage of a debt ceiling deal that would avert global financial turmoil and an all but certain recession. S&P 500...... Latest mortgage news: Rates rise again, near 7% ...policy guides the mortgage market, the Fed doesn’t directly set fixed mortgage rates. The most relevant benchmark is the 10-year Treasury yield, which has bounced around in recent weeks. Mortgage...... Debt ceiling deal won’t have much impact on the US economy, analysts say Washington, DC CNN  —  President Joe Biden and House Republicans have finally agreed on a deal to raise the government’s debt ceiling, including changes to the federal budget in a number of areas.......