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Debt campaigners are calling for the International Monetary Fund to sell some of its stockpile of gold to cover the debt payments owed by the world’s poorest countries for the next 15 months.
In the hyper-real casino, everyone has access to the terrors of losing, but only a few know the joys of the rigged games that guarantee a few big winners by design.
Oct 13, 2020 - 09:34:13 PDT
Central banks have hollowed-out the world economy and destroyed the pricing mechanism in the capital markets. An epic collapse awaits.
A booming stock market & subdued precious metals will be viewed as beneficial to Trump. The handlers believe that "optics are everything" in the final days before...
Oct 13, 2020 - 08:58:25 PDT
Fund’s stability report says vulnerabilities are high and rising, creating difficult policy choices.
DoubleLine Capital's billionaire "Bond King" Jeffrey Gundlach shared his bearish thoughts on the stock market in a recent Real Vision interview.
McConnell Says Senate Will Vote On "New Funding" For PPP; Democrats Turn On Pelosi For Refusing $1.8 Trillion From TrumpOct 13, 2020 - 08:38:39 PDT
"Nancy Pelosi take this deal!"
Slightly more than half of Americans say they are stockpiling food or plan to because of fears of a COVID-19 surge and unrest around the election.
Sen. Elizabeth Warren (D-MA), a 2020 presidential candidate, has been known for always having a plan — and her latest is on how to expand Social Security.
"It is time to heed the warning of Frankenstein, time to acknowledge the Monster at our national door and the hubris that led intellectuals to create it. For make no mistake, it seeks not only 'treats' but the thrill of perpetuating nasty 'tricks'—to 'blow up' or 'burn down' our country to...
The global economic crisis will not be quite as grim as feared this year, but GDP will still contract 4.4 percent and the ongoing pandemic means the outlook remains uncertain, the IMF said Tuesday.
The Social Security Administration announced on Tuesday just how much benefits will increase next year. But for beneficiaries who may already be spread thin financially amid Covid-19, the modest increase may not be good news.
The Social Security Administration announced on Tuesday just how much benefits will increase next year. But for beneficiaries who may already be spread thin financially amid Covid-19, the modest increase may not be good news.
Parents and Child Care Providers Are Still Struggling as the Pandemic Drags OnOct 13, 2020 - 07:34:28 PDT
Before the coronavirus pandemic hit in March, there were nearly 12 million children under the age of 5 enrolled in some type of child care nationwide. But the pandemic caused widespread closures and enrollment still has not fully rebounded.
Unemployment Was Supposed to Be Temporary. Now, It’s Permanent for Almost 4 MillionOct 13, 2020 - 07:31:59 PDT
Unemployment spells are becoming longer and are less likely to be temporary in nature, meaning the U.S. is trending toward a riskier period of joblessness.
A bare movie calendar and continued lackluster attendance has left AMC's business hemorrhaging cash.
Delta Posts $5.4 Billion Loss in Another Brutal Quarter, Warns Recovery Could Take 2 Years or MoreOct 13, 2020 - 07:27:15 PDT
Delta lost $5.4 billion in the three months ended Sept. 30, but trimmed its cash burn.
“This is like a nightmare I can’t wake up from,” Padilla said, resting her face in her hands. “It really feels like a nightmare, but it’s our reality.”
Currency wars appear to be making a comeback. The world will not be better off. The international community needs to rally together and stop this trend.
US Dollar, Treasuries Higher as Stocks Halt Rally With Stimulus Talks on HoldOct 13, 2020 - 07:06:42 PDT
Stocks fell as talks over a fresh round of economic stimulus remained deadlocked, tempering positive earnings surprises from big banks. Treasuries and the dollar rose.The S&P 500 dropped on speculation that the rally that sent the benchmark gauge to a six-week high has outpaced prospects,,,