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Wall Street was rocked early Monday after federal prosecutors opened a criminal investigation into Federal Reserve Chair Jerome Powell — rattling investors and igniting fears of political interference at the central bank. Dow futures tumbled more than 350 points in premarket trading, with the blue-chip contract down 357 points, or 0.72%, while S&P 500 futures […]
Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty. David Gray | Afp | Getty Images Amid global economic turbulence, the prices of precious metals have been climbing higher and higher. The price of gold in particular has […]
Bitcoin rallied about 1.6% Friday, coming close to setting a new record despite widespread economic uncertainty. The cryptocurrency traded at over $122,000 – just below the all-time high of about $124,000 that it notched in August. The rally is a signal that investors may be viewing Bitcoin as another safe-haven asset, like gold, as the […]
We’re in the middle of the Gold Rush 2.0. But this time folks aren’t making money finding gold – they’re making money selling it. With gold near an all-time high, selling for over $3,200 an ounce, folks are raiding their jewelry boxes and heading to pawn shops, jewelers and smelters to turn their little-worn necklaces, watches, bracelets […]
The president of Signal defended the messaging app’s security on Wednesday after top Trump administration officials mistakenly included a journalist in an encrypted chatroom they used to discuss a looming US attack on Yemen’s Houthis. Signal’s Meredith Whittaker did not directly address the blunder, which Democratic lawmakers have said was a breach of US national security. But she described […]
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. President Donald Trump’s proposed $5 million “gold card” for U.S. residency would be one the most expensive in the world, according […]
