For years, we have been warning about dire consequences if central banks continue to meddle in the economy and financial markets. In December 2013, we wrote There is a serious possibility that the measures…
© Pixabay.com Follow RT onThe hosts of the Keiser Report discuss the $2.2 trillion coronavirus relief package passed by the US House, which includes a complete ban on eviction and…
© Pixabay.com / Sally Wynn Follow RT onThe technology sector’s strong run since its March lows resembles the 1999 tech boom that preceded the dot-com bubble burst, said Bill Gurley,…
FILE PHOTO: Cineworld in Leicester’s Square, London, Britain © Reuters / Henry Nicholls Follow RT onThe world’s second-largest cinema operator, Cineworld, finally confirmed on Monday that its movie theaters in…
© Getty Images / Stijn Dijkstra / EyeEm Follow RT onThe global business community has warned that G20 countries need urgent reforms to alleviate the impact of the coronavirus pandemic…
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S.…
Ramin MazaheriPress TV, Chicago A “Great Lockdown” which was advertised to last only three weeks in the United States is now nearing seven uneven months, and its economic toll is…
People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020, in New York City. (Photo by AFP) Official data show that the US trade…
FILE PHOTO: Pilots look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport © Reuters / Mike Stone Follow RT onUS airlines have let go thousands…
As we warned back in June in “‘Look Out Below’: Why The Economy Is About To Fly Off A Fiscal Cliff“, and again last week in “Failure To Launch New Fiscal…
In this current climate, national restaurant chains are filing for bankruptcy more often than ever before, as the financial burden the pandemic has imposed on independent businesses and even corporate giants is…
Major U.S. diocese becomes largest to file for bankruptcy after 200 sexual abuse lawsuits By Anna Sturla, CNN Updated 1940 GMT (0340 HKT) October 1, 2020St. Agnes Cathedral in Rockville…
By Greg Robb Boston Fed president concerned about second wave of COVID-19 Boston Fed President Eric Rosengren is the longest serving of the central bank’s 12 regional bank leaders. BLOOMBERG NEWS/LANDOV Boston…
I can assure you that what we face at this very moment is a very uncertain economic futureAuthor of the article: David Rosenberg The economy will not be “business as…
Just when you thought there wouldn’t be much more carnage, take a look at this economic destruction. How Bad Is It? (King World News) – Gerald Celente: How bad is it in the…
Get short URL © Reuters / Fabrizio Bensch Follow RT onThe US economy has suffered its sharpest drop in the second quarter of 2020, with GDP plunging more than 31 percent due…
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Synopsis ‘Throughout history when currencies have been debased and people have lost confidence in governments, they have turned to gold and silver.’ Read more at:https://economictimes.indiatimes.com/markets/expert-view/amazon-apple-will-all-go-down-when-we-have-a-big-bear-market-jim-rogers/articleshow/78359769.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst By Nikunj Dalmia Towards the…
US gross domestic product (GDP) fell by a 31.4 percent annualized rate last quarter, marking the steepest drop in output since the government started keeping records in 1947, the Commerce…
The federal government’s fiscal 2020 year ends today at midnight and federal spending has eclipsed $6 trillion for the first time ever—and that’s without data from September, the final month…
by Michael Snyder The U.S. economy was supposed to be turning a corner by now, but instead it looks like we are headed for an exceedingly painful winter. All over the…
© Pixabay.com Follow RT onThe recent weakness of gold represents a “great entry point for investors” ahead of risk events such as the US election, said UBS Global Wealth Management.…