White House, Others Disagree Over US Recession
Treasury Secretary Janet Yellen has stated that the United States will avoid recession.
Dow Futures Plunged 1,000 Points after Fed Cuts Interest Rate to Zero
By
Darya Rudz
Previously, the target range of the interest rate varied from 1% to 1.25%. Now the benchmark for both short-term lending for financial institutions and a peg to consumer rates will be targeted at 0% to 0.25%. Dow Futures lost 1,000 points.
Amidst Fears of U.S. Recession, Investors Prefer Gold Over Bitcoin
Gold continues to be the safe haven for global investors when it comes to parking their money in secure assets. Bitcoin, on the other hand, has failed to win the trust of big investors at this stage.