Prices for food and drink are rising at their fastest pace in more than two years despite last month's surprise fall in inflation, according to the Office for National Statistics
THE price of gold rose yesterday to a fresh all-time high of $1594.16 an ounce, and the dollar fell on foreign exchange markets, over concerns the United States may default on its debts.
Gold is one of the most widely discussed metals due to its prominent role in both the investment and consumer world. Even though gold is no longer used as a primary form of currency in developed nations, it continues to have a strong impact on the value of those currencies. Moreover, there is a strong correlation between its value and the strength of currencies trading on foreign exchanges.
Gold, in its raw state, is primarily used for investment, as in gold coins or bullion, and for jewelry or other adornments.
Even for those who know nothing about investing, they've heard of the stock market. Each night on the evening news telecasts, the level of the Dow Jones Industrial Average is reported. When there is a significant market move up or down, it's often a front page story. This allows for the stock market to hold a kind of celebrity status in many people's minds.
We'll take a look at seven of the most common financial mistakes that often lead people to major economic hardship. Even if you're already facing financial difficulties, steering clear of these mistakes could be the key to survival.
The leaders of France and Germany signaled Friday they want to find a quick solution to the economic crisis in Greece. In Greece, the prime minister reshuffled his Cabinet and replaced his finance minister.
If you ask an investor how "the market" is doing, you might get an answer that is based on the Dow.
Not all college debt is a good investment. Evaluate your college spending choices just as you would any other large purchase. Don't go to college without a goal and remember that the less debt you take on, the sooner you can say that you're truly earning money instead of working largely to pay off your school debt.
No matter what your income level, you can give yourself more breathing room by becoming a savvy shopper.