Recent data indicates a deeper-than-expected downturn, the International Monetary Fund warned, and the disconnect between this and recent market rallies could lead to a correction.
The Supreme Court sided 7-2 with President Donald Trump on Thursday in an immigration case concerning speedy deportations known as "expedited removal."
Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly high. Economists surveyed by Dow Jones had been expecting 1.35 million claims.
Tanzanian miner Saniniu Laizer has become a millionaire overnight by selling two Tanzanite gemstones — the largest ever found in the country — for 7.7 billion Tanzanian shillings ($3.4 million), according to multiple media reports.
Gold has continued to rise of late as a resurgence of coronavirus cases, particularly in the U.S., has dented some of the investor optimism about the speed of a post-pandemic recovery.
As investors hunt for returns that are uncorrelated to the markets, interest in this small, risky slice of the investment world may grow. However, not just anyone can get in on litigation-financing investing — and those who do should be aware of the risks that come with it.