Gold has been on fire this year and some investors think the precious metal is poised to do something it has only done twice since World War II: enter a major bull market. The metal is trading above $1,400 per ounce for the first time since 2013 and is up more than 12% year to
Finance
Congress is going crypto. Lawmakers from the U.S. Senate and House of Representatives heard testimony this week regarding Facebook’s Libra project in the interest of finding a way to regulate the digital payment system and ascertain how it is different from cryptocurrencies like bitcoin. In the hourslong confabs, Congress heard testimony from Calibra chief David
Eric Rosengren, president and chief executive officer of the Federal Reserve Bank of Boston at the Brookings Institution in Washington, D.C., on Jan. 8, 2018. Andrew Harrer | Bloomberg | Getty Images President Donald Trump’s constant berating of the Federal Reserve and its actions does not influence the central bank’s decisions on monetary policy, Boston
The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren Keith Bedford | Reuters Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can afford to be patient as long as the economy holds up.
Traders work on the floor of the New York Stock Exchange (NYSE) the morning after Donald Trump won a major upset in the presidential election on November 9, 2016 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines midday: Microsoft — Microsoft rose 1.7% and