"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •15 mins | 1,907.30 | +2.10 | +0.11% |
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Platinum •15 mins | 879.40 | -27.30 | -3.01% |
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WTI Crude •11 mins | 38.80 | -1.05 | -2.63% |
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Gasoline •10 mins | 1.123 | -0.016 | -1.41% |
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Ethanol •2 days | 1.520 | +0.000 | +0.00% |
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Silver •15 mins | 24.39 | -0.29 | -1.18% |
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Silver • 15 mins | 24.39 | -0.29 | -1.18% | |
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Copper • 15 mins | 3.106 | -0.024 | -0.75% | |
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Brent Crude • 11 mins | 40.76 | -1.01 | -2.42% | |
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Natural Gas • 10 mins | 3.001 | +0.030 | +1.01% | |
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Heating Oil • 10 mins | 1.121 | -0.031 | -2.67% |
Markets
Aramco Dividend Won’t Cover Saudi Budget Gap
The massive US$75-billion annual dividend of Saudi Aramco cannot fund the widening budget gap of Saudi Arabia if oil prices remain low beyond 2021
Credit Card Debt Plummets Amid COVID
According to the newest Federal Reserve figures, consumer borrowing unexpectedly fell in August as credit card balances declined for a sixth consecutive month.
Biden Plan Targets “Wealthy” Taxpayers
Biden’s tax plan, just announced, proposes the 12.4% Social Security tax to kick back in for incomes above $400,000
Jobs Report Paints Dire Picture of US Economy
As health experts warn about a looming, and perhaps imminent, third wave of the pandemic, data shows that the U.S. continues to pile on unemployment claims
13-Minute COVID Tests Could Get Life Back To Normal
The United States, Canada and Europe have all unlocked the doors of rapid COVID testing amid a surge in cases.
How COVID-19 Is Transforming The World's Sovereign Wealth Funds
The role that many sovereign wealth funds (SWFs) play in national economic policy has changed dramatically as a result of the pandemic, giving rise to questions about their future.
Today’s Young Adults Aren’t Leaving the Nest
The pandemic has given greater impetus to the phenomenon of young adults living with their parents, even post-college, and for once, it doesn’t necessarily mean you’re a creep.
Latin American Remittances Defy COVID Predictions
Despite predictions of a significant fall as a result of Covid-19, remittances into some Latin American countries have actually increased following the outbreak of the coronavirus pandemic.
Permanent Layoffs Are On The Rise
One executive told CNBC they are looking to reduce travel expenses permanently. “We just don’t need to necessarily make the trips that we’ve historically made.”
Bankruptcies Loom As Fed Spells Out Economic Gloom
Experts are warning that the growing momentum of Covid-19 bankruptcies will make 2008 appear tame in comparison.
