Among publicly-listed U.S. companies, the 25 worst stocks have lost shareholders a collective $1.2 trillion since 1926. Put another way, just 0.1% of all stocks have led to 14% of all cumulative losses in shareholder […]
The U.S. federal budget deficit will double from $1 trillion last year to $2 trillion this year, when President Joe Biden’s unsuccessful plan to forgive student loans is excluded, according to a new estimate from […]
The administration of United States President Joe Biden has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6bn in frozen […]
Russia’s budget moved back into the black last month, as the government dials back spending and a surge in non-oil income makes up for a drop in energy revenues. The surplus in August reached almost […]
ENB Pub Note: This is despicable and shows and utter contempt for the U.S. Citizens and taxpayers. Make no mistake: Ukraine is a crime scene. The secretary also said the U.S. is investing $665.5 […]
By Jan Nieuwenhuijs of Gainesville Coins My estimate for China’s official gold reserves reached 5,029 tonnes by the end of June 2023. In the first six months of 2023 the Chinese central bank bought an […]
A whopping $7.6 trillion in interest-bearing US public debt will mature within a year, Apollo’s chief economist said. That represents 31% of all outstanding US government debt, adding upward pressure on rates. That’s still below […]
The Securities and Exchange Commission has finalized rules that will overhaul how the $27 trillion private fund industry—including private equity, hedge funds and venture capital funds—deals with investors. Last week six trade groups sued the […]
Daily Standup Top Stories China’s Influence In Oil Markets Grows With BRICS Expansion September 6, 2023 Mariel Alumit Piece by piece, China continues to build alternatives to each of the key building blocks of the West’s […]
The People’s Republic of China is the world’s second-largest economy, responsible for one quarter of global GDP growth this millennium – so when the country catches a cold, the world notices. The past several months […]
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