The US faces a wave of small-business failures this fall if the federal government does not provide a new round of financial assistance — a prospect that economists warn would prolong the recession, slow the recovery and perhaps enduringly reshape the American business landscape.
The extremes are not visible to the vast majority of participants, and so they are exposed to high levels of risk they don't see or understand.
"The speaker is still at $915 billion dollars, which is just not a number that's based on reality."
WSJ: Fed Official Says Economy Faces High Uncertainty, Prominent Risks.
Treasury Secretary Steven Mnuchin will testify on Tuesday before the House Select Subcommittee on the Coronavirus Crisis.
The Democrats' report says that "a lack of oversight and accountability" may have diverted large chunks of the funding away from those who needed it.
Outlawing gold mining would make imperialists and totalitarians very happy, and they already are having too much fun...
Central banks’ seriously misguided attempts to defeat routine consumer price deflation is what fuels the destructive asset bubbles that eventually collapse.
So this is the program: Devalue or deflate everything owned by the "little people", buy it up for pennies on the dollars with unlimited free money...
Investors — even market bulls — who are trying to figure out what will break the market's momentum are just about at a loss for arguments.
The goal is to provide a "living wage" to everyone as a basic right no matter how productive anyone is.
U.S. corporations owe 30 times as much debt as 50 years ago, according to BofA Global. Here's a look at who owns America's pile of corporate debt.
As Congress and the Trump administration remain deadlocked in talks over the next coronavirus stimulus package, seven in 10 Americans (70%) say they would support the government sending an additional economic impact payment (EIP) to all qualified adults.
There is a growing gap between what markets are expecting and a likely wave of defaults among struggling companies before summer 2021, according to an analysis by S&P Global published Monday.
The ECB will have to update its stimulus policy in a few months, analysts said Tuesday, after inflation turned negative in the region.
Since the virus was declared a pandemic, 14% of Americans — as many as 46 million — said they've wiped out their emergency savings, according to a new CNBC + Acorns Invest in You survey.
Talks between the White House and Democratic leaders broke down last month after the two sides failed to agree on the terms of a Covid-19 relief bill.
“The manufacturing upturn gained further ground in August, adding to indications that the third quarter should see a strong rebound in production from the steep decline suffered in the second quarter."
The only defense one has against these cretins of diatribe and disinformation is found in the ownership of gold and silver...
Gold is rebounding, with Comex futures climbing back to $2,000 an ounce, as the dollar extended its slump and investors bet U.S. interest rates would stay lower for longer.The dollar dropped to the lowest in over two years, fueling a broad advance in commodities.