By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Financial writer Bill Holter says the Fed cutting bank reserves to 0% for the first time in history is a “huge deal” and a red…
Alasdair Macleod says that big money is worried about a full-blown financial collapse and these fears have prompted some large entities to buy massive amounts of physical gold. Comex (King…
Kelly TykoUSA Expect more going-out-of-business sales in 2020. As many as 25,000 stores could shutter this year as businesses continue to feel the impacts of the coronavirus pandemic, according to a new report from Coresight…
Kelly Tyko and Nathan Bomey, USA TODAY,USA TODAY• Loyal customers reflect after J.C. Penney filed for bankruptcy and closing after 118 years J.C. Penney on Thursday received bankruptcy court approval to…
The Washington Standard If you have been paying attention to the mainstream media’s headlines lately, a good number of them are preparing the minds of Americans for a “second wave of COVID-19.” …
The end of US shale as we know it is probably inevitable, energy market analyst tells Boom Bust The return of the US shale boom is very unlikely as most companies…
Today Gerald Celente spoke with King World News about a new trend that is going to engulf the world in chaos. (King World News) – Gerald Celente: “I’m going to tell you…
Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM KEY POINTS Debt surged and household net worth tumbled in the first three months of the year as the initial impact of the coronavirus pandemic hit, according to…
Posted by mybudget360 The typical American family was already having a tough time prior to Covid-19 and many were living paycheck to paycheck. Surveys conducted prior to Covid-19 showed that 1…
What’s so insidious about the Fed’s bailouts of investors in hedge funds, mortgage-REITS, stocks, bonds, leveraged loans, and other often risky assets? The destruction of capitalism.By Wolf Richter. This is the…
© REUTERS / Brendan McDermid BUSINESS by Tim Korso7252 US Federal Reserve Chairman Jerome Powell has toned down the optimism regarding jobs in the country, in stark contrast to President Donald…
COVID-19 Live Updates: UN Predicts 20% Decline in Global Trade in 2020 Due to the Pandemic At the moment, almost 113,000 individuals have died from COVID in the US, according to…
by Michael Snyder 2020 has been quite a year so far. It has been one nightmare after another, and yet the economic optimists continue to insist that economic activity will soon…
US weekly jobless claims climbing higher, with millions still unemployed An additional 1.54 million Americans have filed for unemployment benefits in the week ending June 6, according to a report published…
Get short URL © Getty Images / cherezoff Follow RT onThe 34 percent unemployment rate projected by Goldman Sachs for the US economy looks accurate to former Wall Street stockbroker…
Get short URL © Getty Images Follow RT onThe latest data from the Treasury Department shows that the US gross national debt has exceeded $26 trillion for the first time,…
The stock market plunged 6% as Seattle loses control of the city. Seattle Loses Control Of The City(King World News) – Bill Fleckenstein: The SPOOs tanked overnight and opened nearly 3% lower,…
By Yao Yang Source:Global Times Illustration: Tang Tengfei/GTChina has announced its annual macro-economic policy outline, which recommends implementing the policy focused on people’s livelihoods and employment, rather than Western countries’…
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Billionaire bond investor Jeffrey Gundlach, the CEO of $135 billion DoubleLine Capital, sees the potential for a “wave of more higher-end unemployment’ hitting white-collar workers making more than $100,000 per year…
By Rupert Steiner Institute for Economics and Peace also ranks countries most likely to stage a swift economic recovery in the wake of the pandemic Pump jacks are seen on the…
Friday’s HUGE STUNNER, which saw unemployment numbers in America GOING DOWN, has brought back GRANDMA AND GRANDPA to the stock market, along with their MILLENNIAL grandchildren. Suddenly, retail investors are…
By Malcolm Kendrick, doctor and author who works as a GP in the National Health Service in England. His blog can be read here and his book, ‘Doctoring Data – How to Sort…
‘Worst since World War II’: Global economy to shrink more than 5% this year The Covid-19 pandemic and subsequent lockdown measures have thrown the global economy into turmoil, the World Bank…