At just seventeen years old, John Hussman’s introduction to the world of finance was a job hand drawing charts for an investment adviser who liked his handwriting. From that point on, he was hooked on markets.
The richest 1% of the world have used two times as much carbon as the poorest 50% of the population over the last 25 years, a new report from Oxfam says.
Going forward, supply will plummet leaving the market in an extreme deficit starting now.
We found the data for our visualization thanks to the Real Time Billionaire tracker at Forbes. We color-coded each state according to the relative size of the richest billionaire’s fortune, leaving the ones without any billionaire citizens gray. We also added a picture, creating a handy snapshot of the wealthiest individuals across the country.
The BLS updated unemployment levels at the state level today. Let's take a look at states doing well and poorly.
A team of international law enforcement and judicial groups on Wednesday announced they had disrupted infrastructure used by cyber criminals to spread what authorities described as the “world’s most dangerous malwar
A group of tech and policy leaders including former Google CEO Eric Schmidt is warning that China is "surging to overtake the United States in critical areas."
Federal Reserve Chairman Jerome Powell answers reporter questions following the FOMC's decision on interest rates.
It carries an echo of the early 2000s, when securities firms from around the world missold derivatives to myriad municipalities and small companies across Europe.
Since the last FOMC meeting, on December 16th, stocks are clinging to gains as bonds have lost the most with gold and the dollar firmly unchanged...
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on Dec. 16.
The Federal Reserve kept its foot to the floor Wednesday in terms of the help it is providing for an economy that central bank officials say has slowed down.
San Francisco Bay Area condo prices are the glaring exception. House Price Inflation in all its glory.
Bridgewater’s Ray Dalio said during the opening panel of the Future Investment Initiative, or FII. “With that, you’re also going to see a pick up in deficits,” leading governments to sell more bonds.That view was shared by BlackRock Chief Executive Larry Fink, who predicted that developed countries would likely reach herd immunity around September.
European Central Bank policy makers are uncomfortable that investors appear to be largely ruling out more interest-rate cuts, and have agreed to stress that such stimulus remains a viable option, according to officials.
The US is running up debt like never before, and one of the reasons Washington can get away with it is because interest rates are hovering around their lowest levels ever. This raises the question—should the Treasury lock in these rates for 50 years?
We are deep in an economic crater which, cushioned by astronomical levels of fiscal and monetary meddling, has been portrayed as a pothole.
Wall Street and financial firms are hiring a legion of lobbyists as Democrats prepare to rein in their industry with tighter regulations and increased scrutiny.
Last May, then-Senator Kamala Harris introduced a bill along with two other progressive senators: Bernie Sanders of Vermont and Ed Markey of Massachusetts.
The bill would've provided payments of $2,000 per person per month for the duration of the pandemic.
The IMF has warned that emerging markets’ limited access to Covid-19 vaccines poses a risk to global financial stability, saying shortages could exert a drag on economic recoveries in low-income countries.