EconomyBusiness and Economy Bank of America chief executive Brian Moynihan has predicted the United States will enter a “very slight” recession later this year despite improving signs for the global economy. Speaking at a business […]
Daily Standup Top Stories Advanced Nuclear Power Could Transform U.S. Maritime Industry March 6, 2023 Mariel Alumit The US maritime sector has suffered a steep decline since its peak in the immediate post-WWII era with […]
Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, And the Fed has won. In the words of Ambassador Kosh from the classic television series Babylon 5, “The avalanche has started. It is too […]
Authored by Jeffrey Snider via RealClearMarkets.com, It was a sudden and epic flood of oil the likes of which the country hadn’t seen before. According to the government’s numbers, the Energy Information Administration, over a […]
By Sagarika Jaisinghani, Bloomberg Markets Live reporter and strategist The strong stock gains that have marked the early months of 2023 are likely to fizzle out if Russia’s war in Ukraine escalates. While the region’s […]
Former Treasury Secretary under Bill Clinton, Larry Summers, joins Bloomberg to answer questions on persistent inflation indicators despite Federal Reserve tightening measures and rising interest rates. Summers, with some carefully chosen words, essentially admits what […]
If the military-strategic dynamics decisively shift in NATO’s favor due to the bloc dispatching more modern arms to Kiev at the expense of its members’ minimum national security needs like Stoltenberg implied might happen, then […]
Hotter consumer spending and producer inflation (PPI) fed rising yields and inflation fears, which weighed on stocks. Despite another week of improvement in the earnings picture, the S&P 500 fell by 0.2% last week. According […]
Authored by Medea Benjamin and Nicolas J. S. Davies via NakedCapitalism.com, With the Ukraine war now reaching its one-year mark on February 24, the Russians have not achieved a military victory but neither has the […]
Q4 2022 saw European businesses filing for bankruptcy at the fastest pace in at least eight years The number of bankruptcy declarations increased during all four quarters of 2022. As The FT reports, there was […]
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