Analysts are scratching their heads trying to figure out why gold is on a tear right now. The commodity hit another record high Tuesday, April 9, ahead of Wednesday’s inflation report and the release of the Federal Reserve meeting minutes, where investors get a behind-the-scenes look at what the Fed is thinking in terms of cutting…

In a year where Americans are anxiously waiting for interest rates to drop, the CEO of the world’s largest bank warns rates may go even higher than they are today and don’t count out a recession. There are two CEOs in this country whose annual letters to shareholders are more widely anticipated than the rest:…

The American economy is booming, with high GDP growth, record-low unemployment, and wage gains for median workers. Over the past few quarters, U.S. economic growth indicators have consistently outperformed official projections. But the U.S. Federal Reserve recently conceded that its policies might be too restrictive, hindering the full potential of the U.S. economy, which the…

Germany today is celebrated as the indispensable economic and industrial power of modern Europe. But like many advanced nations, Germany faces demographic decline in the coming decades, which could threaten Germany’s economy and — consequently — the economies of Europe and the world. Straight Arrow News contributor Peter Zeihan predicts a German economic collapse as…

The Francis Scott Key Bridge collapse, which killed six people in Baltimore, could see insured losses between $2 billion to $4 billion. The figures could make it “the most expensive marine insured loss in history.” However, who will pay and how much depends on who is asked. President Joe Biden, who is scheduled to visit…

Women make up the largest demographic among registered voters in America and consistently participate in elections, with over 68% turning out to vote in the 2020 presidential election. Some political analysts suggest that with the recent reversal of Roe v. Wade, abortion has become a key issue among voters, benefiting Democratic candidates. However, in the…

The Biden administration has allocated $60 million in federal aid to Maryland following the deadly Baltimore bridge collapse on Tuesday. Biden told reporters the Port of Baltimore, a major U.S. shipping hub that saw record cargo volumes last year, is crucial for automobile imports and exports, with around 850,000 vehicles passing through annually. “Fifteen thousand jobs…

Pro-Palestinian demonstrators interrupt President Biden’s celebrity-packed fundraising event at Radio City Music Hall. And, The Wall Street Journal marks one year of reporter Evan Gershkovich being held in a Russian prison. These stories and more highlight The Morning Rundown for Friday, March 29, 2024. Protesters interrupt Biden’s star-studded NYC fundraiser President Joe Biden, joined by…

Americans are facing a record amount of credit card debt in 2024 at more than $1 trillion total. Adjusted for inflation, WalletHub says credit card debt is about 10% below its peak, which Americans hit in 2008 during the Great Recession. However, WalletHub estimates growing balances this year could put the inflation-adjusted record in striking…

Japan raised interest rates for the first time since 2007 from -0.1% to a range of 0%- 0.1%, ending an era of negative interest rates that was initiated years ago to help stimulate its struggling economy. The move came in response to rising inflation and wages. Straight Arrow News contributor Peter Zeihan argues that while…