Billions were wiped off the value of US lenders last night as aftershocks from the collapse of Silicon Valley Bank (SVB) continued to rattle the markets. State Street, one of America’s oldest banks, saw its […]
Authored by Andrew Moran via The Epoch Times, The U.S. money supply contracted for the third consecutive month, and is declining at the fastest pace since the Great Depression, new Federal Reserve data show. In […]
Authored by Andrew Korybko via The Automatic Earth blog, Brazilian President Lula was successful in reaching an agreement to de-dollarize his country’s trade with China, the significance of which was earlier explained in the context […]
Video Duration 25 minutes 35 seconds 25:35 For nearly 80 years, the World Bank has said its main goals have been to fight poverty and promote global prosperity. But now, a growing number of world […]
Argentina’s annual inflation rate soared to 104.3 percent in March, the official statistics agency has said, one of the highest rates in the world, straining people’s wallets and stoking a cost-of-living crisis that has pushed […]
Introduction Since last summer Exxon Mobil (NYSE:XOM) has rocketed higher, gaining about 30% over this period. 30% growth in essentially 8 months is very unusual for a big-cap, value stock like XOM. Admittedly a good bit […]
Dow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures. Delta Air Lines earnings missed views while more economic data is on tap. The stock market rally retreated Wednesday […]
Authored by John & Nisha Whitehead via The Rutherford Institute, We’re not living the American dream. We’re living a financial nightmare. The U.S. government is funding its existence with a credit card. The government–and that […]
Just when you thought the banking crisis was over — you’d better brace for an onslaught of big drops in bank profit. Hopefully you aren’t caught flat-footed. Analysts are predicting massive 30% or greater declines […]
Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency. Enactment of this legislation would create an option for people to transact business in sound money, set the stage to […]
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