The rapid spread of Covid — which was first detected in China — forced many countries into months of lockdown that markedly reduced economic activity in 2020.
President Donald Trump signed a $900 billion Covid-19 relief bill into law, averting a government shutdown.
President Trump signs a coronavirus relief and government funding package into law., five days after calling it a “disgrace.”
The U.S. is recording at least 184,000 new Covid-19 cases and at least 2,200 virus-related deaths each day, based on a seven-day average of JHU data.
Even though the U.S. has been negatively impacted by the decline of its domestic shale oil production, China is now much more dependent on oil imports than the United States. Over the past twenty years, while U.S. net oil imports have fallen to nearly zero, China's have surged to a...
The People's Bank of China was the first central bank to roll out a digital currency. The digital yuan recently got a boost when China’s biggest online retailer announced it has developed the first virtual platform to accept the Chinese digital currency.Digital currency is nothing more than a virtual banknote or coin that exists in a digital wallet on your smartphone instead of a billfold or a purse. Digital currencies issued by central banks are backed by the state, just like traditional fiat currency.
Peter Schiff shared his son's Christmas list and drew a rather disconcerting conclusion - a lot of Americans think like a 7-year-old kid.
We have been hinting on this new TRADE ALERT service of ours that we are about to roll out. We wanted to start in January 2021, however, the situation in the markets requires us to do this alert not later than today. We have been watching Bitcoin's progress for some time and we believe that it is now getting ready to complete its pattern.
With the increased lockdowns of many cities in the United States, the U.S. Oil Refining Industry situation goes from bad to worse. Normally during the end of November and into the December holiday season, demand for petroleum products increase. However, over the past two months, U.S. refinery crude oil inputs...
Turkey has discovered 99 tons of gold treasure pegged at six billion dollars, which is more than some countries' GDP. Get latest Commodities online at cnbctv18.com
The 1,300 coins, dating back to 30 or 40AD, are valued at about £650 each and were unearthed by a birdwatcher who was in a field in East England...
Ronald-Peter Stöferle, partner at Liechtenstein-based asset manager Incrementum, explains why he expects a surge in inflation and how investors can protect their portfolio.
Bloomberg notes gold had its third weekly gain and is on track for its biggest annual increase in 10 years.
Yes indeed, 2020 was an unusual (aka, dreadful) year. Covid-19 (which almost killed me), the Porkulus Bill (Covid bill combined with Omnibus spending bill) $900 billion coronavirus relief bill and …
Nearly 8 million people have sunk into poverty since June after having spent $1,200 checks that the government gave most Americans in the spring and a $600-a-week supplemental jobless benefit expired in July
The answer to both threats – collateral damage and digital warfare – is to have some hard assets in physical form that cannot be attacked digitally. These include physical gold and silver, land and fine art. These are the things that cannot be erased in a digital attack or frozen when payment systems are disrupted.
Consumers still earned more in November than in the Good Times, but a lot less than back when free Pandemic-money was massively hailing down.
Personal Consumption Expenditures (PCE) have almost recovered to pre-pandemic levels but has essentially been flat for many months.
Valuation are not only high, they are among the highest on record.
Britain and the European Union have agreed on new Brexit trading arrangements more than four years after the U.K. voted to leave the bloc, narrowly avoiding a no-deal scenario.