Articles by Nikhil Kumar

Initial Jobless Claims Fall To 49-Year Low

The labor department said initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 199,000 for the week ended Jan. 19 -- the lowest since mid-November in 1969.

US Housing Has Peaked, No Fears Of Crash

Cautious home buyers, rising interest rates, tax law changes and a mountain of student loan debt are holding back the housing market. But analysts told the International Business Times that there is no bubble building up, unlike in 2008.

Bitcoin Heading Toward Another Crash

Bitcoin’s roller-coaster ride this year may not have ended with its dramatic crash in November and the cryptocurrency is likely heading for another round of punishment, analysts told International Business Times.

Gold Prices To Fall Further

Gold’s bearish trend will continue into the first quarter of 2019 as a stronger dollar and trade tensions weigh, analyst Robert Zukowski of Continuum Economics said.