Gold price soars as geopolitical tensions increase safe-haven demand – FXStreet

Gold prices rose as investors turned to safe havens amid rising geopolitical risks. US bond yields fell and the dollar weakened, contributing to the rise in gold prices. Sentiment soured following President Putin's approval of the nuclear doctrine and mixed signals from Russian officials. Gold prices have recorded positive daily gains, rising by about 0.70% […]

Biden touts six-fold climate funding increase under his administration

President Biden boasted of meeting his goal of providing $11 billion a year in climate funding, a six-fold increase starting in 2021. Biden's comments came during a historic trip to South America's Amazon rainforest over the weekend, during which he declared that “no one” can reverse the “clean energy revolution” underway in the United States. […]

Major Social Security Changes due to COLA increase in 2025: affects SSI, VA, Retirement & SSDI – Tododisca

of Social Security Administration (SSA) announced 2.5% Cost of Living Adjustment (COLA) for social security and Supplemental Securities Income (SSI) This increase will pay dividends in 2025. 72.5 million Americansto help manage spending as inflation continues to stabilize. Social Security Changes for 2025 Social security benefits: almost 68 million beneficiaries COLA is reflected in your […]

Will October’s inflation increase slow the pace of interest rate cuts?

Housing costs remain a major driver of inflation. (iStock) Inflation rose to 2.6% in October, up slightly from the previous month, according to the Consumer Price Index (CPI). Published by the Bureau of Labor Statistics (BLS). According to the BLS, October's inflation rate was higher than September's annual rate of 2.4%, and rose 0.2% on […]

Excessive drinking inches higher after pandemic increase: Research

Binge drinking continued to rise in 2022 after increasing during the worst of the coronavirus pandemic, according to new research published Tuesday. the study, published The Annual Report of Internal Medicine found that heavy alcohol consumption increased by 20 percent from 2018 to 2020, followed by an additional 4 percent increase from 2020 to 2022. […]

US fiscal health risks increase after Trump win: Moody’s

Ratings agency Moody's said the U.S.'s fiscal health is at higher risk given the election of Republican Donald Trump as the next president and the expected composition of Congress. U.S. budget deficits and government debt levels are expected to rise significantly under either candidate in the Nov. 5 election, according to multiple estimates, but Democrat […]

Most Americans expect Trump to increase debt: Survey

Most Americans expect the national debt to increase under President-elect Donald Trump, according to the latest report Reuters/Ipsos survey It was carried out after the election. In the poll, 62% of respondents said the returning president's proposal “would increase the U.S. national debt.” This includes 94% of Democrats and 34% of Republicans. The poll was […]