Economics And Finance
U.S. Deficit Tops And Stays Above $50 Trillion #GotBitcoin?
The deficit, up 19% compared with a year ago, has exceeded $1 trillion for the first time since 2012. U.S. Deficit Tops And Stays Above $1 Trillion #GotBitcoin? The U.S. budget gap widened to more than $1 trillion in the first 11 months of the fiscal year, the Treasury Department…
Trump Concedes Economic Defeat Trumponomics Will Result In Negative Interest Rates (#GotBitcoin?)
Blaming ‘boneheads’ at the Fed, president says U.S. is missing out on opportunity. Trump Concedes Economic Defeat Trumponomics Will Result In Negative Interest Rates (#GotBitcoin?) President Trump renewed his call for lower interest rates and his criticism of the Federal Reserve Wednesday, saying on Twitter that the Fed should reduce…
U.S. Corporate Insiders Selling Shares At Fastest Pace Since 2008
Investors watch for signs of whether insiders put more or less money into their own companies. U.S. Corporate Insiders Selling Shares At Fastest Pace Since 2008 (#GotBitcoin?) Insiders at U.S. corporations are selling shares at a pace not seen since before the financial crisis a decade ago. Insiders are…
Number of Uninsured Americans Rises For First Time In Decade (#GotBitcoin?)
Reversal comes after 2010 Affordable Care Act expanded insurance coverage to millions of Americans. Number of Uninsured Americans Rises For First Time In Decade (#GotBitcoin?) The number of Americans without health insurance climbed to 27.5 million in 2018, according to new federal data that shows the first increase since the…
High Debt Levels Are Weighing on Economies (#GotBitcoin?)
Borrowing helped pull countries out of recession but made it harder for policy makers to raise rates. High Debt Levels Are Weighing on Economies (#GotBitcoin?) Global interest rates are low and may head lower, driven by slowing economies and the U.S.-China trade war. A less appreciated reason for lower rates…
Workers Are Fleeing Big Cities For Small Ones—And Taking Their Jobs With Them (#GotBitcoin?)
Places including Boise and Denver are growing fast, partly because of employees working remotely. Workers Are Fleeing Big Cities For Small Ones—And Taking Their Jobs With Them (#GotBitcoin?) Kelly Swift grew tired of the Los Angeles area a few years ago so she decided to leave—and take her job with…
U.S. Junk Bonds With Negative Yields? Yes, Kind of (#GotBitcoin?)
Some investors are buying corporate bonds that could lose money even if prices don’t decline. U.S. Junk Bonds With Negative Yields? Yes, Kind of (#GotBitcoin?) In today’s topsy-turvy markets, some investors are buying junk-rated corporate bonds that could lose them money even if their prices don’t decline. They are simultaneously…
Ultimate Resource On Coal-Mine Closures (#GotBitcoin)
Sudden shutdown of two mines leaves many wondering what’s next; ‘Reality has come crashing through the door’. Ultimate Resource On Coal-Mine Closures (#GotBitcoin) For generations, coal has been good to this bustling town of 32,000, where local mines have long offered well-paying jobs and filled government coffers. Last week (9-21-2020)…
New York Fed Lays Out Stimulus (Money-Printing) Plans (#GotBitcoin?)
Central bank’s holdings of assets and bonds could again increase sometime between later this year and 2025. New York Fed Lays Out Stimulus (Money-Printing) Plans (#GotBitcoin?) The Federal Reserve’s balance sheet, which has recently stopped shrinking, may once again start growing later this year, the Federal Reserve Bank of New…
Ultimate Resource For A Spot And/or Futures Bitcoin ETF (#GotBitcoin)
Following another delay on Bitcoin exchange-traded funds (ETFs), asset managers VanEck and SolidX plan to offer a limited version of their Bitcoin ETF to institutional investors. Ultimate Resource For A Spot And/or Futures Bitcoin ETF (#GotBitcoin) VanEck Securities and SolidX Management want to start selling shares in a…
Cost of Infrastructure Fixes Is Going Up While Trump Procrastinates (#GotBitcoin?)
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?)
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…