Economy / Finance
China’s Economy Stumbles on Power Crunch and Property Woes
Post Views: 569 China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages and ...
Economy / Finance
China Evergrande Group Misses a Fresh Round of Bond Payments
Post Views: 1,058 China Evergrande Group on Tuesday missed its third round of bond payments in three weeks It’s intensifying market fears over ...
Analysis
Beyond Bretton Woods: When It Comes to Money, We Need a Common Discipline
Post Views: 646 What was Bretton Woods? A fixed exchange rate system? Yes. A gold exchange standard? Yes. More importantly, though, the agreement ...
Economy / Finance
Coal Firm CEO: Energy Crisis May Trigger Winter Blackouts Across U.S.
Post Views: 778 The energy crisis that has led to shortages and blackouts in Europe and Asia could hit the United States this ...
Just In - Classified
Facebook CEO Mark Zuckerberg’s Net Worth Dropped by $7 Billion in One Day
Post Views: 951 Facebook CEO Mark Zuckerberg’s Net Worth Dropped by $7 Billion in One Day Between whistleblower revelations and the widespread outages ...
Economy / Finance
Fed Vice Chair Traded Into Stocks on Eve of Powell Pandemic Statement
Post Views: 620 U.S. Federal Reserve Vice Chair Richard Clarida traded between $1 million and $5 million out of a bond fund into ...
Economy / Finance
‘The Fed’s Taper Timeline’ Sr. Fellow Judy Shelton appears on CNBC’s ‘Squawkbox’
Post Views: 638 Sr. Fellow Judy Shelton discusses the Federal Reserve, which will likely begin reducing its monthly bond purchases as soon as ...
Economy / Finance
Workers Who Maintain Supply Chains Warn of Worldwide ‘System Collapse’
Post Views: 574 Several industry groups have warned world leaders of a worldwide supply-chain “system collapse” due to pandemic restrictions, coming as Federal ...
Economy / Finance
German Millionaires Rush Assets to Switzerland Ahead of Election
Post Views: 585 Ahead of Germany’s election, the country’s millionaires are moving assets into Switzerland, bankers say. If the center-left Social Democrats, hard-left ...
Economy / Finance
BlackRock, HSBC Among Largest Buyers of Evergrande Debt
Post Views: 617 Fund giant BlackRock and investment banks HSBC and UBS were among the largest buyers of the debt of embattled Chinese ...