Consumer confidence reaches six-month high, but labor market worries rise

Claman Countdown panelists Scott Redler and Michael Landsberg weigh in on the possibility of a recession. We Consumer Confidence Although Americans are growing increasingly worried about the labor market after last month's rise in the unemployment rate, rising optimism about the economy helped push the unemployment rate to its highest level in six months in […]

Home prices rise again in June to new record

National Association of Home Builders CEO Jim Tobin talks about Vice President Kamala Harris' push for tax incentives for homebuilding on “Maria Bartiromo's Wall Street.” Home prices hit new record in June Housing shortageThis is despite the fact that soaring mortgage rates continue to put homebuying out of reach for millions of Americans. The S&P […]

Bitcoin Traders Divided on Near-Term Price Rise After Jackson Hole – Decrypt

Bitcoin traders had mixed reactions in derivatives markets after the Jackson Hole Economic Symposium on Friday, balancing optimism about future gains with caution about the pace of the potential upside. The market has seen an increase in call spread buying, a sign that traders are betting on further price increases, QCP Capital said in its […]

Oil prices rise with no Gaza ceasefire in sight – Investing.com

Investing.com — Oil prices rose in Asian markets on Monday, continuing a rebound from the previous day’s trading as media reports showed no progress towards a ceasefire between Israel and Hamas and hostilities continued in the region. Oil markets also rose on optimism about lower U.S. interest rates after Federal Reserve Chairman Jerome Powell’s comments […]

Kamala’s Rise ‘Has Been Divine Timing’

Keisha Lance Bottoms, a senior adviser to Harris Waltz, said Thursday on MSNBC’s “Deadline” that Vice President Kamala Harris’ rise since President Joe Biden dropped out of the race has been “God’s timing.” Moderator Nicolle Wallace said, “It’s really amazing that we’re in this situation where we haven’t even had a debate. What the Harris-Waltz […]

Value of gold bar hits $1 million after prices rise

In “Making Money,” Strategic Intelligence editor Jim Rickards discusses whether gold has the potential to replace the U.S. dollar as the world’s primary currency. The price surge meant that for the first time in history, a single gold bar was worth $1 million. The 400 troy ounce gold bar has reached the $1 million mark […]

This week’s personal loan rates rise for 3-year terms, while 5-year terms fall

We provide weekly updates on the latest trends in personal loan interest rates from the Credible marketplace. (iStock) High credit rating borrowers Personal Loans Pre-approved rates in the past seven days were higher for three-year loans and lower for five-year loans compared to fixed-rate loans in the seven days prior to that. For borrowers with […]