The Dow Jones industrial average closed down 167.65 points, or 1.02%, to 16,346.45, putting it more than 10% below its record close last May and back in correction territory. The blue-chip barometer had been up by almost 140 points earlier in the session. The Dow...
Billionaire financier George Soros is warning of an impending financial markets crisis as investors around the world were roiled by turmoil in China trade for the second time this week. Speaking at an economic forum in Sri Lanka's capital, Colombo, he told an audience...
U.S. junk bonds are trading down on Wednesday, following global stocks lower as investors fret about North Korea’s possible nuclear test, China’s slower-growing economy and a fresh plunge in oil prices. Some energy companies were among the biggest losers on the day,...
Gold hit a four-week high on Wednesday, extending gains for a third session, as persistent concerns over the Chinese economy battered stock markets, while tensions simmered in the Korean peninsula and the Middle East. The metal is closing in on key chart levels,...
[vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Philip Diehl, U.S. Money Reserve president, shares his thoughts on the battle to end minting the U.S. penny, a coin which costs more to mint than it is...