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Economics And Finance

Cost of Infrastructure Fixes Is Going Up While Trump Procrastinates (#GotBitcoin?)

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As a stalemate in Washington lingers, unsafe conditions contribute to a rise in property damage. Cost of Infrastructure Fixes Is Going Up While Trump Procrastinates (#GotBitcoin?) As a stalemate lingers between President Trump and congressional Democrats over moving forward on an infrastructure package, the price of fixing U.S. roads and…

Historic Asset Boom Passes By Half of Families (#GotBitcoin?)

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Scant wealth leaves families vulnerable if recession hits, economists say. Historic Asset Boom Passes By Half of Families (#GotBitcoin?) The decadelong economic expansion has showered the U.S. with staggering new wealth driven by a booming stock market and rising house prices. But that windfall has passed by many Americans. The…

Parts of America Are Already In Recession (#GotBitcoin?)

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Slowdowns in housing construction and manufacturing are ominous. Parts of America Are Already In Recession (#GotBitcoin?) IT CAN BE hard to know when isolated announcements become something more. Since last November General Motors has cut several thousand factory jobs at plants across the Midwest. In early August US Steel said…

Trump’s Tariffs Are Producing Billions, But China Isn’t Paying (#GotBitcoin?)

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President Donald Trump is right to say that his tariffs are generating billions of dollars for the U.S. But China and other countries aren’t paying them as he’s suggested. Trump’s Tariffs Are Producing Billions, But China Isn’t Paying (#GotBitcoin?) Trump’s comments have suggested the U.S. is benefiting without paying, such…

A Manufacturing Recession Is Here. Now What? (#GotBitcoin?)

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With the U.S.-China trade war sapping demand, companies have limited options for protecting profits. Plus, more industrial insights. A Manufacturing Recession Is Here. Now What? (#GotBitcoin?) The escalation of U.S.-China trade tensions has pushed the American manufacturing sector to the brink of a recession and there’s little to stop it…

Argentina’s Economy Is In A Technical Default (#GotBitcoin?)

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Alberto Fernández in interview partly blames IMF for country’s financial crisis and pledges higher wages and pensions. Argentina’s Economy Is In A Technical Default (#GotBitcoin?) Argentina’s presidential front-runner said the government’s new plan to restructure its short-term debt shows the country is virtually insolvent, as a crisis of confidence has…

Banks Monitor Older Customers For Cognitive Decline

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Financial institutions are watching older customers for any early signs that cognitive impairment could put them at risk of financial exploitation. Banks Monitor Older Customers For Cognitive Decline Banks, brokerage firms and other financial institutions are starting to monitor older customers for mental capacity and susceptibility to fraud. But then…

Oil And Gas Bankruptcies Grow As Trumponomics Hits Shale Industry (#GotBitcoin?)

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Smaller drillers, which account for sizable part of U.S. oil production, are struggling to pay off hefty debt burdens. Oil And Gas Bankruptcies Grow As Trumponomics Hits Shale Industry (#GotBitcoin?) [embed]https://www.youtube.com/watch?v=eDFD_CU6wlQ&feature=youtu.be[/embed] Bankruptcies are rising in the U.S. oil patch as Wall Street’s disaffection with shale companies reverberates through the industry.…

Trump Blames Business Setbacks On Incompetency vs Recession He’s Causing (#GotBitcoin?)

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President defends trade policies ahead of new round of tariffs set for this weekend. Trump Blames Business Setbacks On Incompetency vs Recession He’s Causing (#GotBitcoin?) President Trump rejected the notion that his trade policies were having a negative impact on the U.S. economy, instead blaming “badly run and weak companies”…

A Comprehensive Analysis of The Jeffrey Epstein Case (#GotBitcoin?)

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Financier’s business relationships with investment banks sometimes turned sour, ending in lawsuits. A Comprehensive Analysis of The Jeffrey Epstein Case (#GotBitcoin?) Jeffrey Epstein worked closely with some of the world’s largest investment banks to build a fortune of more than $500 million. But he cut a course through Wall Street…

Home-Price Growth Slows To Levels Not Seen Since 2008 (#GotBitcoin?)

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Price growth has now been slowing for the longest period since the 2008 housing crash, a sign that the latest housing boom is coming to an end. Home-Price Growth Slows To Levels Not Seen Since 2008 (#GotBitcoin?) S&P CoreLogic Case-Shiller National Home Price Index rose 3.1% for the year ending…

Trump Claims “Billions” In Trade Tariffs While Diverting Hurricane Relief Funds For Border Detention

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Department of Homeland Security plans to transfer money allocated by Congress for other purposes. Trump Claims "Billions" In Trade Tariffs While Diverting Hurricane Relief Funds For Border Detention The Trump administration plans to use $271 million of Department of Homeland Security funds, including some designated to help hurricane-stricken areas, to…