The Congressional Budget Office projects that President Trump’s recently enacted tax and spending law will add roughly $3.4 trillion to the federal deficit over the next ten years. Signed on July 4, the law extends a variety of tax breaks, restores or introduces deductions related to tips and auto loans, and includes measures that reduce … Read more

Gold prices held steady after the United States and the European Union reached a new tariff agreement, easing concerns about a broader trade war. The pact, which includes a 15% tariff on many EU exports such as automobiles, has left investors cautiously optimistic while questions remain about its specific effects on metals markets. At the … Read more

Homebuilder confidence has fallen to its lowest level in five months, with the National Association of Home Builders (NAHB) index slipping to 42 in February. Several factors are weighing on sentiment. New tariffs on steel and aluminum, announced by the administration, are a major concern because they would raise the cost of key building materials. … Read more

The Federal Reserve voted unanimously to hold its benchmark interest rate at 4.25–4.50%, signaling a pause after a recent string of cuts and amid uncertainty around proposed fiscal and trade policies. The decision ends a brief period of rate reductions and reflects the central bank’s caution as it evaluates incoming economic data. Fed Chair Jerome … Read more

Weekly unemployment filings fell for the first time in a month, dropping by 5,000 to 245,000 in the week ending June 14. The uptick in claims since mid-May largely reflects seasonal factors tied to the school calendar. Educational workers such as bus drivers, cafeteria staff and other school support employees commonly file for benefits when … Read more

Key Takeaways May CPI: +4.2% year-over-year (released 8:30 AM ET), up from 3.8% in April. Monthly gain: +0.5%, matching consensus. Energy accounted for over 60% of the monthly increase — the Iran-related oil shock remains the primary inflation driver rather than broad consumer demand. Core CPI (excluding food and energy): +0.2% month-over-month, +2.9% year-over-year — … Read more

Moody’s Analytics has issued a stark economic warning: roughly two-thirds of U.S. states are either in recession, at high risk of entering one, or barely maintaining growth. Together, these states account for about 66% of the nation’s gross domestic product, signaling widespread weakness across the country. The firm’s chief economist, Mark Zandi, identifies 22 states … Read more

Gold and silver market update — April 27, 2026 Key Takeaways First Notice Day is Thursday, April 30. It coincides with the BEA’s Q1 2026 GDP advance estimate (8:30 a.m. EDT) and weekly jobless claims. The FOMC decision is scheduled one day earlier, on April 29. 134.8 million ounces of May contracts remain open as … Read more

Gold and silver market update — April 20, 2026 In this update: The IMF’s warning on U.S. Treasuries, the Fed’s communications blackout, record mining margins amid limited new supply, East–West ETF flows, and why the silver supply deficit is widening. Published April 20, 2026. Why Are Treasuries Losing Their Safe-Haven Status? On April 15 the … Read more

The White House and many independent economists sharply disagree over the projected fiscal impact of President Trump’s proposed tax plan. Nonpartisan analysts at institutions such as the Congressional Budget Office and the Tax Foundation estimate the legislation would increase the federal deficit by roughly $3 trillion over the next decade. By contrast, the Trump administration … Read more