Economy & Money

Bankruptcy filings rising across the country

Bankruptcy filings rising across the country

Bankruptcies are back in 2019 — flashing warnings that more Americans are knee-deep in debt in big cities like New
Malaysia charges 17 current & ex-Goldman Sachs bosses with looting of country’s wealth fund

Malaysia charges 17 current & ex-Goldman Sachs bosses with looting of country’s wealth fund

Malaysia has extended pressure on Wall Street titan Goldman Sachs, filing criminal charges against 17 current and former directors of
Trump demands banking regulation of bitcoin, Facebook’s Libra

Trump demands banking regulation of bitcoin, Facebook’s Libra

The American billionaire leader has slammed the growing popularity of cryptocurrencies, stressing that digital assets only facilitate illegal activity and
Poland latest to repatriate its bullion from the Bank of England

Poland latest to repatriate its bullion from the Bank of England

Poland is repatriating gold from overseas, after it more than doubled its bullion holdings in the past year. Central banks
China says there will be no trade deal unless existing tariffs are stripped

China says there will be no trade deal unless existing tariffs are stripped

The U.S. has to lift all the tariffs placed on Chinese goods if there is to be a trade deal,
Trump Says US Should Join “Great Currency Manipulation Game” By Devaluing Dollar

Trump Says US Should Join “Great Currency Manipulation Game” By Devaluing Dollar

President Trump has never been a fan of the strong dollar. And after beating around the bush for months by
74% Of US Housing Market Unaffordable For Average American

74% Of US Housing Market Unaffordable For Average American

ATTOM Data Solutions published its 2Q19 US Home Affordability Report, which reveals median home prices last quarter weren’t affordable for
Deutsche Bank to lay off 20,000 employees

Deutsche Bank to lay off 20,000 employees

Next year is Deutsche Bank’s 150th birthday. What might have been a celebration is shaping up to be more of
Tariffs are a ‘tax’ on American consumers: Ron Paul

Tariffs are a ‘tax’ on American consumers: Ron Paul

US consumers are footing the bill for Donald Trump’s tariffs on goods from Washington’s economic rivals, Ron Paul has told
India orders Visa & Mastercard to store payments data in country only from now on

India orders Visa & Mastercard to store payments data in country only from now on

Payment companies like Visa and Mastercard can process transactions made in India outside of the country, but the related data
Kazakhstan to forgive debts of the poor, end bank bailouts

Kazakhstan to forgive debts of the poor, end bank bailouts

In a first major policy announcement, the newly elected president of Kazakhstan Kassym-Jomart Tokayev said he will write off bad
Bitcoin skyrockets past $13,000 as frenzy grips crypto market

Bitcoin skyrockets past $13,000 as frenzy grips crypto market

The price of the world’s most popular cryptocurrency hit a 17-month high on Wednesday, with bitcoin surging above $12,900. The
Soros & US billionaires call for new wealth tax; public reacts with skepticism

Soros & US billionaires call for new wealth tax; public reacts with skepticism

A group of US billionaires including infamous financier George Soros is backing a “moderate wealth tax” on the fortunes of
Prepare For Cost Increases: Americans WARNED Prices Will Jump

Prepare For Cost Increases: Americans WARNED Prices Will Jump

The risk of rising prices means lower sales, which could result in layoffs and store closures,” RILA wrote in a
Bitcoin Price Tops $10K for First Time Since 2018

Bitcoin Price Tops $10K for First Time Since 2018

Bitcoin’s price soared above $10,000 on cryptocurrency exchanges for the first time in 15 months. The price hopped the $10K
Malaysia seeks to recoup around $5 billion worth of state fund-linked assets

Malaysia seeks to recoup around $5 billion worth of state fund-linked assets

Malaysian authorities intensified efforts to recover funds which have been siphoned from the 1Malaysia Development Berhad (1MDB) fund at the
Maxine Waters blasts Facebook’s cryptocurrency

Maxine Waters blasts Facebook’s cryptocurrency

House Financial Services Committee chair Maxine Waters (D-California) may have finally found something she opposes more than President Donald Trump:
Biggest investor in the Russian economy is… the United States

Biggest investor in the Russian economy is… the United States

US investment in Russia was 13 times bigger than official numbers show, statistics released by the United Nations Conference on