Notable Weekly News


November 2023

11/22/2023

Fed’s Susan Collins says more rate hikes can’t be taken off the table yet

Other officials have been saying much of the same, essentially that inflation is showing progress but still has a way to go.
11/22/2023

11/22/2023

Inflation-Battered Americans Raiding 401k’s To Pay Mortgages And Rent

In the latest sign of an economy edging deeper into troubled waters, more Americans are raiding their 401(k) retirement accounts to cover basic living costs, according to […]
11/22/2023

More Americans are working a second job as high inflation squeezes

A growing number of Americans are working a second job as they continue to confront still-high inflation that has rapidly eroded their purchasing power.
11/22/2023

11/22/2023

Gold prices settle above $2,000 an ounce for highest finish late October

Gold futures climbed Tuesday, topping $2,000 an ounce and headed for their highest finish since late October.
11/22/2023

Dutch Central Bank Admits It Has Prepared For A New Gold Standard

In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and […]
11/17/2023

US credit rating outlook lowered to ‘negative’ by Moody’s as shutdown looms

Moddy’s Investors Services lowered the United States’ credit rating from “stable” to “negative” on Friday ahead of a possible government shutdown.
11/17/2023

Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, the hedge fund titan said Friday.
11/17/2023

Millions of Americans have received a pay cut since Biden took office

Millions of American workers have received a 3.32% pay cut since President Biden took office in January 2021, thanks to the ongoing inflation crisis.
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