Tag Archives: American economy

‘There is no question that the virus is growing’

A pedestrian wearing a protective mask passes in front of a low-rise storefront graffiti display showing “Unmask Maui” in Paia, Maui County, Hawaii, USA, last Saturday, August 1, 2020. Mia Shimabuku | Bloomberg | Getty Images Hawaii Gov. David Ige will reintroduce restrictions to curb the spread of the coronavirus …

Read More »

Shares plummet on worst GDP data on record, rising unemployment

Stock markets opened significant losses Thursday morning on the news that the United States experienced the worst quarterly economic contraction on record earlier this year and an increase in weekly jobless claims. The Dow Jones Industrial Average fell 300 points, or 1.1 percent, and the S&P 500 fell 31 points, …

Read More »

Gold price remains around $ 1,900 after mixed PMI data

Editor’s Note: With so much market volatility, stay on top of the daily news! Let yourself be caught in minutes with our quick summary of today’s news and expert opinion. Sign up here! (Kitco News) – Momentum in the gold market remains strong as prices remain below $ 1,900 an …

Read More »