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2 mins read
Fed trims interest rates by 50 basis points, gold prices touch record-high
Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…
2 mins read
'Big Short' investors are bullish on gold because money is devaluing too quickly
Two investors of the "Big Short" say they've bought "almost every dip" in gold over the past four y…
Jennifer Sor
4 mins read
If you’re thinking about taking a gold loan, ask these questions first
Clearly, there is a huge demand for gold loans. While Manappuram is yet to release its numbers, …
2 mins read
Stocks and real estate will crash when 'everything bubble' pops, so buy gold, silver and bitcoin, says Robert Kiyosaki
"Rich Dad Poor Dad" author Robert Kiyosaki rang the alarm on a historic asset bubble, and advised i…
Theron Mohamed
2 mins read
US stocks slip as strong jobs report keeps the Fed on pace for more rate hikes
Nonfarm payrolls increased by 372,000 in June, the Bureau of Labor Statistics said Friday, well abo…
Phil Rosen
3 mins read
Quiet quitting hits the housing market: Tight inventory and still-high mortgage rates keep would-be buyers sidelined
Insider's Phil Rosen dives into the housing market and what declining new home listing means for bu…
Phil Rosen
5 mins read
Meet the 'last-resort' mortgage lenders rising from the ashes of the financial crisis to help underqualified borrowers buy a home
"There are more self-employed business owners since the onset of the pandemic, and their needs are …
Alcynna Lloyd,Dan Latu
2 mins read
What it means to be 'underwater' on your home mortgage if real estate values tank
Real estate values dropped rapidly when the last housing bubble popped, leaving home owners owing m…
Alcynna Lloyd
4 mins read
Gold bars, cash, and an air purifier: The 8 alleged bribes Sen. Bob Menendez and his wife took, ranked
The New Jersey senator helped Egypt in exchange for gold bars, a Mercedes-Benz, and other cool stuf…
Jacob Shamsian,Taylor Berman
2 mins read
US stocks notch record highs after Fed said it will taper bond buying this month
Stocks finished Wednesday at record highs as the Federal Reserve met expectations in outlining plan…
2 mins read
Sen. Bob Menendez Googled 'how much is one kilo of gold worth' around the time his wife accepted alleged bribes, indictment says
The senator's most recent financial disclosure showed that his wife continued to own gold bars and …
Brent D. Griffiths
1 min read
Gold jumps above stocks as Americans' preferred long-term investment while real estate plunges
The share of Americans who view gold as the best long-term investment jumped to 26% this year from …
Filip De Mott
2 mins read
US mortgage rates fall to a record low for the 3rd time since March
"The housing market is continuing its path to recovery as various states reopen, leading to more bu…
Carmen Reinicke
2 mins read
Jim Cramer bought bitcoin when it was worth $12,000 - and said he recently sold half his 'phony' portfolio to pay off a mortgage
"I paid off a mortgage yesterday with it," the 'Mad Money' host said Thursday on CNBC, adding that …
Shalini Nagarajan
2 mins read
The asking price for Ivana Trump's lavish townhouse, decorated with gold and a pink marble bathroom, was just cut by $4 million after failing to sell in nearly a year
Ivana Trump's Upper East Side townhouse was listed for sale in November 2022 after her death last J…
Kelsey Vlamis
2 mins read
A hedge fund manager who dominated the last financial crisis posted a 26% loss during March's violent sell-offs, new report says
Ali Lumsden posted a 73% gain betting against the mortgage market in 2007, but his securitized cred…
Ben Winck
2 mins read
Billionaire investor John Paulson warns US house prices could tumble - and touts gold as an inflation hedge
Paulson, whose fund made $15 billion shorting the mid-2000s housing bubble, said current home price…
Theron Mohamed
7 mins read
Gold loan providers in India face a rise in robberies as gold prices rise
Five of those robberies happened in 2020, three in the last three months. While this may seem …
2 mins read
Nasdaq falls more than 2% as rising bond yields drag mega-cap tech names lower
"The Nasdaq is the punching bag as global bond yields rise," Edward Moya of Oanda said. The yield o…
Isabelle Lee
7 mins read
How to start investing in gold - and the major benefits and drawbacks to know about
Investors have two basic ways to own gold: physical bullion or gold stocks/funds. Bullion is more o…