Arrogance or Intelligence? For many years, I believed that the Federal Reserve Bank consisted of intelligent men and women that would carefully defend and uphold the value of the US dollar and keep the charade going for generations to come. No longer will I be fooled by the all powerful money printers.
The European Central Bank could "neither go bankrupt nor run out of money" even if it were to suffer losses on the multi-trillion-euro pile of bonds it has bought under its stimulus programmes, ECB President Christine Lagarde said on Thursday.
The total spending to date, by way of comparison, is more than twice the gross domestic product of Japan.
Liberty Media Chairman John Malone said hard assets are appealing as the unprecedented coronavirus stimulus could lead to depreciation in currencies.
Meanwhile, holiday hiring has barely made a dent in the employment outlook.
“It’s quite remarkable given that we’re still in the midst of the pandemic and the high unemployment rate.”
The guardians of the global economy are warning that the recovery from this year’s recession is at risk and could be derailed as the resurgence of Covid-19 forces fresh restrictions on households and companies. Both the International Monetary Fund and the Group of 20 -- which comprises the world’s richest nations -- sounded the alert...
European Central Bank President Christine Lagarde promised a forceful monetary stimulus package in December and urged governments to make pandemic relief available “without delay.”
As Beijing reins in its largesse and credit stresses rise in China amid a wave of defaults, investors should wonder where the ructions will appear next.
A former senior editor of a Chinese Communist Party journal who moved to the US after being investigated for criticising the government said bank accounts holding his family's life savings had been frozen in China.
..as Americans fall off those 'standard' claims rolls, they are transitioning to the Pandemic Emergency Claims rolls...
They may not have to mandate anything if they can ‘encourage’ you to obey...
The JPMorgan Chase CEO said it's only a matter of time before the government moves to regulate bitcoin.
The euro was the most used currency for global payments last month, the first time it has outpaced the dollar since February 2013.
The NFL will benefit from the switch with more data on consumer behavior, while Visa can increase revenue with more transaction fees.
What forces will drive the future of financial markets? We reveal 15 charts from six chapters of our new book to show where the economy is heading.
Fannie Mae and Freddie Mac will be required by their regulator to hold hundreds of billions of dollars in capital to protect against losses, a step considered crucial to freeing the mortgage giants from U.S. control.T
As central banks continue to inject trillions of dollars created out of thin air into the financial system, the mainstream generally sits backs and shrugs. But a few lonely voices in the wilderness continue to warn about the potential for price inflation and its nefarious effects on the average person.In a recent podcast, Peter Schiff warned that prices are going to surge because "the Fed is not going to take away the punch bowl."