© AP Photo / Paul SakumaSOCIETY Bankruptcies in the New York City region have spiked by 40% during the COVID-19 pandemic compared to the same time period last year, according…
Through June, 18 retailers have filed for chapter 11, mostly those selling apparel, footwear and home furnishings CORAL GABLES, FL – NOVEMBER 21: People walk past a closing sign outside…
Sarah Whitten@SARAHWHIT10KEY POINTS Disney will lay off 28,000 employees across its parks, experiences and consumer products segment.The company blamed prolonged closures and capacity limits at open parks for the layoffs.While…
The US has a narrow window to prepare its courts and judges for an epidemic of bankruptcies and ensure the smooth passage of restructuring. Leaving the system to be overwhelmed…
Ben Winck JPMorgan is the latest Wall Street bank to slash its forecast for US economic growth because of weakened hopes for near-term stimulus.The bank on Thursday lowered its fourth-quarter 2020…
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TUI airline aurcrafts are parked at Brussels Airport, in Zaventem, outside Brussels, on March 12, 2020. (Photo by Kenzo TRIBOUILLARD / AFP) By Ian Duncan, Lori Aratani and Michael LarisSeptember 26, 2020 at 5:49…
Today multi-billionaire Hugo Salinas Price warned that the US may be destroyed by mass uprising. He also discussed gold and the role it may play. (King World News) – Multi-billionaire Hugo Salinas…
A woman unplugs an electrical cord…
© REUTERS / Rick WilkingCOLUMNISTS by Finian Cunningham15456 It’s hard not to agree with American professor Richard Wolff when he says the real disease facing the world is not Covid-19 but…
Fred Imbert@FOIMBERTKEY POINTS The Labor Department reported Thursday that initial jobless claims for the week ending Sept. 19 came in at 870,000.Economists polled by Dow Jones expected first-time claims to…
SHANNON STAPLETONENVIRONMENT by Evan Craighead 0 60 As wildfires continue to scorch the US West Coast, area winemakers are bracing for possible production and revenue hits due to the rejection of grapes that…
Keiser Report hosts, Max and Stacy look at the growing value of ‘intangibles’ in the stock market as the real economy disappears, only to be replaced by goodwill, derivatives, and…
BY SCHIFFGOLD As the Federal Reserve meeting wrapped up last week, Peter Schiff appeared on RT Boom Bust. The interview covered a number of topics, including gold, oil prices, the Fed and the…
By Christopher Condon Fed chair and Treasury Secretary Mnuchin appear before House Focus on how taxpayer money being used, what more can be done WATCH: Fed Chair Powell says the U.S. economy…
By Mark DeCambre AGENCE FRANCE-PRESSE/GETTY IMAGES September trading is living up to its billing and then some. Stocks on Monday were seemingly unraveling a bullish trend that now risks thrusting U.S.…
Sizzler is the latest restaurant chain to file for bankruptcy due to the coronavirus pandemic. Casual dining chain Sizzler filed for Chapter 11 bankruptcy on Monday. “Our current financial state is…
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned about the Fourth Turning and “The Dark Years” as the…
by Michael Snyder Why would the mainstream media want all of us to believe that stock prices are about to fall dramatically? Just like we witnessed earlier this year at the…
Look, I’m a systems guy. I think in systems terms. You should as well. Why? Because we’re entering a period of time when the major systems that have supported humanity…
The hosts of the Keiser Report, Max and Stacy, look at the US national debt, which has spiked by $4.2 trillion in a year to total $26.7 trillion. Max says…
The US Federal Reserve will eventually have to let interest rates rise unless it wants the dollar to become worthless, says veteran stockbroker and CEO of Euro Pacific Capital Peter…
by Michael Snyder Most of us have never experienced a year that has been as tough as 2020 has been for our nation. It has just been one major crisis after…
By Bernadette Hogan UpdatedEnlarge Image Patrons eat outdoors in NYC’s Chinatown area.Stephen Yang Nearly 90 percent of New York City bar and restaurant owners couldn’t pay their rent in August, heightening the continued…
© Getty Images / LdF Follow RT onThe US budget deficit is set to hit $3.3 trillion when the fiscal year ends in September, while the national debt is projected…