Former chairman of Goldman Sachs Asset Management Jim O'Neill, pointing to China’s intention to challenge the greenback's dominance.
Central banks are the epitome of PR & media manipulation. They’ve done such a masterful job of it that even today no matter how much market data disagrees, people just refuse to believe it.
Responding to this "unexpected" lack of enthusiasm to invest in growth, Cohn had one question: "Why aren't the other hands up?"
Recently, the Hindenburg Omen has been flashing red, signifying a coming stock market correction. But the Omen has flashed several times since 2008 and nothing has happened. A closer look at the McClellan Oscillator. The VIX stock market volatility index is on the rise. But will another rate hike in December by Yellen and crew…
As Real Weekly Wage Growth Declines To 0.4% Growth YoY. At least the US Treasury curve continues to flatten and real weekly earnings growth YoY continues to decline....
"We don't get this done, those companies sitting back and waiting for us to fix this tax code are going to leave,"
it will leave investors with fewer choices when they sell stock, and they'll pay more in taxes
A new power outage hit Puerto Rico on Wednesday, immobilizing parts of the San Juan area just hours after the governor heralded a major accomplishment on the path to recovery.
Serious mortgage delinquencies are leveling off and remain one recession away from a serious upswing. Credit card and auto loan delinquencies are already on the rise.
Millennials who don't have any money, but do have tons of student debt, will be investing in stocks, even if they lose their job in a recession because they are worried about their retirement.
This is exactly what the bitcoin futures naysayers have been warning about: One of the exchanges which CME Group Inc. would use to price the contracts is having serious issues.
One of the basic claims of capitalism is that people are rewarded in line with their effort and productivity. Another is that the economy is not a zero sum game. The beauty of a capitalist economy, we are told, is that people who work hard can get rich without making others poorer. But how does
Russia signed an agreement to restructure $3.15 billion of debt owed by Venezuela, throwing a lifeline to a crisis-wracked ally that’s struggling to repay creditors.
China will send a special envoy to North Korea on Friday, just days after President Trump’s visit to Asia, Chinese and North Korean state media announced Wednesday.
North Korea slammed Trump for insulting leader Kim Jong Un and said the U.S. president deserves the death penalty.
That won’t solve all their problems.
China doesn't just have the single fastest supercomputer. It now dominates the list of the 500 fastest.