Gold hits 4-month high on economic concernsGold prices rose above $1,340 on Wednesday, holding onto four-month highs on uncertainty over China's economic policy moves and with weaker data raising questions about the strength of the U.S. recovery. Investors have poured More… |
US recovery 'close to faltering', Fed could actThe Federal Reserve is prepared to take further steps to help an economic recovery that is "close to faltering", Fed chairman Ben Bernanke said on Tuesday. Citing anemic employment, depressed confidence and financial risks from Europe, Ber More… |