American credit card debt continues to rise at a robust pace, worrying analysts as the Federal Reserve appears set to shift into an even more aggressive policy stance. There was an 11.6% increase in revolving […]
Economist and author Robert Kiyosaki is sounding an alarm, warning investors that a major stock market collapse is coming, and advising investors to invest in cryptocurrencies now, before they take over the financial system, and […]
According to a report by The Economist citing data from the association of German industry BDI, rising energy costs will pose the biggest risk to the German economy, forcing some degree of deindustrialization if not […]
Russia’s finance ministry announced the nation will receive another boost in revenues this month from energy exports. The ministry announced that September will see an additional $6.67 billion flow into the state coffers, which will […]
The European Commission is now expected to submit a proposal for a price cap imposed on all gas imports from Russia this month, according to Italian Ecological Transition Minister Roberto Cingolani. According to a statement […]
Analysts are predicting inflation will be shown to have moderated when the Bureau of Labor Statistics releases its Consumer Price Index at 8:30 AM Tuesday. Predictions are for it to show inflation rose 8.1% year […]
Goldman Sachs chief economist Jan Hatzius says while railroad stroke could definitely have an effect on the economy, it would not be a Black Swan event. In an interview, Hatzius said, “I don’t think it’s […]
John Foley, the Co-Founder of Peloton, will leave the company he founded, according to a statement from the company. Foley will exit the company’s board of directors, months after the company hired former Spotify exec Barry […]
Crude fell to the lowest point since January as another turbulent week took its toll on oil prices, with thin trading and unclear supply and demand data fueling a 30% fall off this year’s highs. […]
One week prior to the deadline in their drawn-out labor negotiations, major US railroads issued a statement Friday saying they are now beginning preparations for a possible strike and service disruption. BNSF, which is owned […]
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