Economics

U.S. Consumer Prices Rise 0.4% in October

Economics0 Comments Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other goods. The Consumer Price...

Gold Slumps Amid Optimistic U.S.-China Trade Matters

Economics0 Comments Gold was on track for the biggest weekly loss in three years as optimism revolving around U.S. and China trade matters sent markets soaring throughout the week.  Since Monday leading into Friday’s low, gold...

Facebook’s Libra Could be Key For US to Beat China

Facebook’s Libra Could be Key For US to Beat China0 Comments Facebook’s (NASDAQ: FB) cryptocurrency Libra could be key for the US to beat China in developing a digital currency for emerging markets, according to Market...

U.S. Housing Starts Reach 12-Year High in August

Economics0 Comments U.S. homebuilding reached a more than a 12-year high in August as both single- and multi-family housing construction sped up, suggesting that lower mortgage rates finally gave the housing market a boost....

Oil Prices Rise after Attacks on Saudi Arabia Facilities

Economics0 Comments Oil prices witnessed a sharp rise over the weekend after Saudi Arabia’s oil facilities were attacked during pre-dawn hours on Saturday. The attacks eliminated more than half of the crude output from the...

U.S. Consumer Prices Rise a Slight 0.1% in August

Economics0 Comments Consumer prices slowed in August, reflecting a sizeable drop in the cost of gasoline and other energy products. The Consumer Price Index (CPI), which measures what Americans pay for items from fruits and...

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