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  • Gold Retreats After Fed Maintains Policy Stance

    COMEX gold futures fell sharply in Thursday trading, as the market digested the Federal Reserve policy statement released on Wednesday. The FOMC voted unanimously to keep interest rates intact until at least the summer of 2015. The central bank presented an upbeat view of the US economy, citing expa


  • Initial Jobless Claims Beat Expectations, Lowest Since 2000

    The Department of Labor reported on Thursday that Initial Jobless Claims fell to a seasonally adjusted 265K last week, the lowest level in almost 15 years. The figure beat analyst expectations of 300K. The prior week’s number was revised higher to 308K. Continuing Jobless Claims, which measures th


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