The U.S. is losing its spot as the world’s number one oil producer due to the recent oil price crash, dissipating demand and a collapse…
Posts published in “Economy”
Denmark’s parliament passed an emergency coronavirus law on Thursday giving health authorities powers to force testing, treatment and quarantine with the backing of the police.
As the Federal Reserve slashes the cost of money to zero, Coronavirus is requiring closures, cutbacks and social distancing.
We’re likely not looking at a full recession like 2008, but global economies will reset amid the coronavirus pandemic. The RMB took a 20% hit.…
Of #ToiletPaperGate #ToiletPaper They’re trending across social media. We thought it would be masks and latex gloves flying off the shelves. Instead, it is toilet…
Central bank independence is dead, according to Foreign Policy, though the publication notes that the U.S. Congress has yet to get the message. A recent…
Businessman Gary Vaynerchuk thinks we should worry about our own [expletive] before economic collapse wipes us out. He’s known for dominating new media and, before…
Francois Trahan, a strategist at UBS, has seen U.S. corporate debt increasing by more than 50% this past decade, standing now at nearly $10 trillion. …
Former Federal Reserve Chairman Alan Greenspan issued his latest warning Tuesday about the fiscal situation in the U.S. He says the larger budget deficits ultimately…
Former Federal Reserve Chairman Paul Volcker died at 92. He was suffering from prostate cancer, according to reports. “The economic hero of post-World War II…
A recent election victory by Hong Kong’s pro-democracy camp led to hundreds of thousands of protestors to take to the city’s streets on Sunday. The…
Goldman Sachs’ private equity clients are bracing for a recession. “Every one of our clients is focused on being prepared for a recession,” said Alison…
There are several reasons experts presently warn of potential economic downturn. China’s growth has been slowing, despite recent positive reports, as the trade war wages…
Global debt will reach more than $255 trillion, according to the Institute of International Finance. Nearly $32,500 for each for the 7.7 billion people on…
Beijing and Washington won’t be reducing some punitive tariffs on each other’s goods – at least according to the Trump White House. Talks on the…
The poor health of millennials could put a damper on the U.S. economy, according to Moody’s. It is more common for millennials, who are born…
Philadelphia Federal Reserve Bank President Patrick Harker said on Wednesday it is “inevitable” that central banks will issue digital currency. He also said the United…
Human civilization will collapse by 2050, according to an Australian climate change analysis endorsed by a former Australian defense chief and senior royal navy commander.…
The National Regeneration Movement, known as MORENA and led by Mexico President Andrés Manuel López Obrador (AMLO), won two governorships and many local elections in yesterday’s…
A cold war in the 21st-century seemed unlikely… until now. Tariffs by the United States on $200 billion worth of Chinese products and retaliatory tariffs…
A bull market is when stock prices continue increasing by 20 percent from a previous drop of 20 percent, or when the securities market keeps rising. Bull…