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Gold Price Forecast: Rises to Challenge Resistance at 50-Day MA – FX Empire

The top is 2,688 target zones If the 50-day line can then be reclaimed and the buyers maintain control, the next higher important target zone should be around the 161.8% extension target of the small ABCD pattern at 2,688. That price range may have additional significance as it coincides with the top line of a […]

Minimum Wage Rises in 21 States, 48 Counties, on New Year’s Day

On New Year's Day, nearly half of U.S. states and 48 counties will raise minimum hourly wages, but some economists say the mandated increases could have a negative impact on small businesses and overall employment levels. I'm warning you. fox business reported: “According to an analysis by the Economic Policy Institute, 21 states plan to […]

Japanese Yen rises following Tokyo CPI inflation – FXStreet

The Japanese yen strengthened following the release of Tokyo CPI inflation data, which showed an increase in December. The Tokyo Consumer Price Index in December was 3.0% compared to the previous year, up from 2.6% in November. The US dollar rose slightly as the possibility of further interest rate cuts by the US Federal Reserve […]

Gavin Newsom Falls 2/3 Short of Housing Goal While Homelessness Rises

Newsom rescinded the 3.5 million figure in 2022, when his administration set a new, less ambitious goal while running for re-election. It required cities to plan for 2.5 million new housing units by 2030. During Newsom's tenure, 1.1 million new homes were built through the housing program, said Tara Gallegos, a spokeswoman for the governor's […]