ALMOST 46 MILLION AMERICANS HAVE NOW FILED FOR UNEMPLOYMENT CLAIMS SINCE LOCKDOWNS BEGAN Despite the hope-restoring nonfarm payrolls "recovery" and the over-hyped bounce in retail sales (ignoring the lack of 'V'…
PMorgan Chase CEO Jamie Dimon © Reuters / Jeenah Moon Follow RT onThose who held all the assets in 1971 became fabulously wealthy in America compared to those without assets, as the central…
People wait to receive food bank donations at the Barclays Center in the Brooklyn borough in New York City, on May 15, 2020. (GETTY IMAGES) A second wave of layoffs…
As prepare to head into the second half of 202o, get ready because all hell is going to break loose in global markets. Another Flood Of Money Printing(King World News) – Jeff…
Buckle up as economic and financial shocks continue, plus look at what is skyrocketing. “Extraordinarily Uncertain” (King World News) – Gerald Celente: The U.S. path to economic recovery is “extraordinarily uncertain,” the U.S. Federal Reserve…
As we head into the back half of 2020, there is no question this collapse will be a game-changer for financial markets. The Crisis Goes Up A Gear (King World…
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A third of global energy companies will shed jobs due to Covid-19, warns World Energy Council The coronavirus crisis will become a “stress test for the global energy system,” resulting in…
It’s ’08-’09 all over again, yet another warning sign, plus look at what is hitting all-time highs. ’08-’09 All Over Again (King World News) – Liz Ann Sonders, Chief Investment Strategist at…
‘Pretty Scary’: What Possible Repercussions of US Economic Recession Could Be © AP Photo / Steven SenneBUSINESS12:48 GMT 16.06.2020Get short URLby Oleg Burunov370Subscribe Earlier in June, US Federal Reserve Chairman Jerome…
The US oil and gas labor market is amongst the world’s most severely hit by the downturn that the Covid-19 pandemic has brought, a Rystad Energy analysis of the latest…
Coronavirus fuelling faster collapse than 1930s, warns ex-Bank of England rate-setter Coronavirus – latest updatesSee all our coronavirus coverage Richard Partington Economics correspondent @RJPartington The Jarrow Crusade against unemployment in 1936. Photograph:…
Gold bars at the Austrian Gold and Silver Separating Plant ‘Oegussa’ in Vienna, Austria, March 18, 2016.(Reuters photo) American broadcaster and political analyst Max Keiser has said that smart people…
They’re not telling you, but this is how bad the collapse is and what is being done to save the system. June 16 (King World News) – Jeff Snider at Alhambra…
by Michael Snyder Many of the emergency economic measures that were put into place to support the American people financially throughout this pandemic are about to disappear, and that means that…
Despite the cocaine fueled rally in stocks, an emergency exists as the Fed desperately continues to distort markets and nationalize private assets. What Emergency Exists?June 16 (King World News) – Peter…
Report: 85% of Independent US Restaurants May Close by Year's End Due to Pandemic A new report commissioned by the Independent Restaurant Coalition reveals that as many as 85% of US…
Global foreign direct investment to plummet 40% this year, UN warns A new report by the United Nations Conference on Trade and Development (UNCTAD) predicts that foreign direct investment (FDI) may…
24 Hour Fitness files for bankruptcy as it permanently closes more than 130 clubs in 14 states and fires employees over phone calls 24 Hour Fitness on Monday announced that…
Dow plunges 600 points amid fears over potential second wave of Covid-19 The US stock market took a dive on Monday, following the pattern of Asian and European stocks, as concerns…
© AFP 2020 / BRENDAN SMIALOWSKI The US Treasury published data on Wednesday, showing that the country’s national debt total has exceeded $26 trillion for the first time in US…
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THE LOOMING BANK COLLAPSE The U.S. financial system could be on the cusp of calamity. This time, we might not be able to save it.…
‘Looting on Wall Street’: RT’s Keiser Report digs into bankrupt companies’ stock rallies Stocks of bankrupt or near-bankrupt companies like car rental giant Hertz and Chesapeake Energy enjoyed epic rallies this…
IMF warns most countries are doing worse than projected & says it will likely further lower its forecast The International Monetary Fund (IMF) may further downgrade its projections for economic growth…