(Kitco News) – Gold’s unprecedented rally in record territory has attracted a lot of attention from fund managers; however, some funds are worried that the precious metal run has gone a little too far. According to Bank of America’s latest Fund Manager Survey, 26% of survey participants said gold is overvalued. According to the survey,
CONNEAUT — The U.S. Marshals Service has seized property on Park Avenue in Conneaut after the property owner, Marc Mahoney, was convicted of various federal charges. Mahoney pleaded guilty to three counts of conspiracy to distribute and possess with intent to distribute controlled substances, one count of conspiracy to launder monetary instruments, one count of
WESTERLY — Funding continues to build for Westerly’s Resilient Riverfront Renewal Project, which last week won a $300,000 federal grant earmarked for work along Main Street to add green space and reduce stormwater pollution. The Southern Rhode Island Conservation District and the town got word of the Environmental Protection Agency’s Southeast New England Program Opportunity
HARRISBURG — Separate bills intended to add transparency to campaign finance in Pennsylvania elections advanced Tuesday out of the state House with bipartisan support. One bill would add an additional reporting period for campaign spending and contributions. The other looks to broaden reporting requirements for all tax-exempt organizations and require reports for any level of
WASHINGTON — The race for Senate in Wisconsin is heating up. Republican businessman Eric Hovde spent millions of dollars of his own money in an unsuccessful campaign for Senate 12 years ago. Now, he’s doing so again. New campaign disclosures showed Hovde loaned his campaign $8 million in the first quarter of this year. He raised
Senate Majority Leader Chuck Schumer (D-NY) surprised and pleased longtime critics of his frequent role as Wall Street’s man in Washington by stepping up to his new job and becoming an effective floor leader for President Biden’s expansive progressive programs. However, when it comes to insider deals for the financial industry, Schumer can still be
(Kitco News) – After posting dramatic declines late last week and through the weekend, the cryptocurrency market continued its downward trajectory on Monday. Bitcoin (BTC) did manage to hold key support around $62k over the weekend, but after bulls managed to push King Crypto close to $67k by 6 am EDT, they ran out of
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Lawmakers from Maryland, including the state’s sole Republican representative introduced legislation in Congress to ensure the federal government foots the bill for reconstruction of the Francis Scott Key Bridge in Baltimore. Legislation was introduced in both chambers of Congress on Thursday to allow the federal government to fully fund the replacement of the collapsed bridge.
Việt Nam needs a legal framework to manage cryptocurrency. — AFP/VNA Photo HÀ NỘI — Cryptocurrency will not be banned in Việt Nam but it is necessary to develop a legal framework to ensure its on-track development and prevent risks, a representative from the Ministry of