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Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the country’s fiscal path, market observers say. The U.S. budget deficit widened to $1.7 trillion in fiscal year 2023 and is on track to reach $2.6 trillion by 2034, according to the Congressional Budget Office. U.S. government debt held by the public, meanwhile, is on pace to reach a record 106% of gross domestic...
Americans who are frustrated with the ever rising cost of postage may be surprised to learn that mailing a first-class letter costs significantly less in the U.S. than in other parts of the world.The U.S. Postal Service — which has already raised the price of stamps twice this year, bringing the cost of sending first-class mail to 73 cents — tried to cushion word of the latest increase by noting that postage costs at home "remain among the most affordable in the world." It's a safe assumption...
The U.S. 7th Fleet said a Navy P-8A Poseidon flew through the Taiwan Strait on Wednesday, a day after U.S. and Chinese defense chiefs held their first talks since November 2022 in an effort to reduce regional tensions.
By Laura He, CNN Hong Kong (CNN) — Gold prices rose while Asian stocks mostly fell on Monday, as rising geopolitical tensions in the Middle East spurred demand for safe haven investments after Iran launched an unprecedented attack on Israel. Japan’s Nikkei 225 and South Korea’s Kospi both fell more than 1% in morning trade. Hong
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.
Up 6.4% in past year, 10th highest hike among metro areas in nation.
Iran says that it warned the United States, a key Israeli ally, of its attack on Israel but U.S. officials dispute those claims.
FEATURE — Emotions will be running high this week, but also transformative. Tuesday, April 23, at 5:49 p.m. MDT, a full moon in the fixed Water sign of Scorpio will grace the Southern Utah sky. Full moons, which indicate culminations, endings and emotional declarations, illuminate issues that have been building beneath the surface. The energy […]
WEIRTON, W.Va. (WTRF) -- In December, the Pittsburgh-based steel company U.S. Steel agreed to sell the company to Japan’s largest steel manufacturer, Nippon Steel. Now, two U.S. Senators are calling on President Biden to look deeper into this sale and the effects it could have on the country. Just months after U.S. Steel agreed to []
The rivalry between Canadian and U.S. women's hockey lived up to its billing again. Danielle Serdachny delivered the 2024 overtime gold-medal winner for Team Canada.
Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […]