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 […]
As credit card debt hit an all-time high — just shy of $1 trillion — in the final three months of 2022, delinquencies among borrowers accelerated. Balances grew $61 billion in the fourth quarter from […]
Gold prices slid to more than a one-month low on Wednesday, weighed down by a stronger dollar as better-than-expected US economic data raised worries that the Federal Reserve could hike interest rates further. Spot gold […]
Authored by Daniel Lacalle, There are many excuses often used to explain inflation. However, the fact is that there is no such thing as “cost push inflation” or “commodity inflation.” Inflation is not an increase […]
Authored by MN Gordon via EconomicPrism.com, About the time the most trusted man in America, Walter Cronkite, signed off from the CBS Evening News for the last time, something momentous happened in the U.S. credit […]
By John Liu and April Ma, BBG Markets Live strategists and reporters The reopening euphoria that vaulted a key Chinese benchmark to the brink of a bull market is losing steam, highlighting investor caution about […]
Authored by Nick Corbishley via NakedCapitalism.com, As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses… Business insolvencies in the UK surged by […]
Submitted by QTR’s Fringe Finance Back in January 2020, I was pointing out that the coronavirus was going to wreak havoc on markets weeks before it ever happened. As I’ve noted many times on this […]
Employers in the United States added 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates. The unemployment […]
At an east London church on a bitterly cold winter’s day, Beautine Wester-Okiya picks her way through boxes of donated baby clothes, toys and other assorted items destined for local people battered by the United […]
Copyright © 2025 | Sandstone Group