(L) Oil pumpjacks and (R) gold bars Getty Images Gold prices could soar to $3,000 per ounce, and oil to $100 per barrel within the next 12 to 18 months subject to any one of three possible catalysts, according to Citi. Gold, which is currently trading at $2,016, could surge by about 50%, if central … Read more
Jim Dyson | Getty Images News | Getty Images The global economy does not need a “collapse” in order to bring inflation back to target and return to sustainable growth, according to Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth. Major economies have proven surprisingly resilient to sharp interest rate increases … Read more
New York City and New Jersey residents who are already exasperated by periodic increases in MTA subway fares are going to lack even more options for cheap public transit. Out of the blue on Thursday, Citi Bike suddenly announced its bike share program was raising prices across the board, impacting annual paying members and non-members … Read more
Staff load items for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters BEIJING – Worldwide funding corporations have modified their China GDP forecasts almost each month up to now this yr, with JPMorgan making six changes since January. That is in response to CNBC evaluation of the … Read more
The unnamed lady argues with a younger Black man over a rental bike.Twitter/@Imposter_Edits Individuals are giving cash to a girl who was criticized over a viral Citi Bike dispute. A video of Sarah Comrie’s dispute with a Black man over a motorbike went viral, and she or he bought flak for it. Now a GoFundMe … Read more