U.S. third-quarter growth trimmed; business spending slowing
WASHINGTON (Reuters) – The U.S. economy slowed slightly more than previously estimated in the third quarter and momentum appears to…
Stock selloff snowballs as investors price in slowing world economy
LONDON (Reuters) – Losses on global stocks snowballed on Monday, with Wall Street set to follow Europe and Asia lower…
Gold is Turkey’s Only Hope At Saving The Lira – Expert
The only chance that Turkey has to stabilize the lira and stop further depreciation is to establish a currency board…
Fed’s Kaplan sees two-three more rate hikes to hit ‘neutral’ level
NEW YORK (Reuters) – Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing…
Venezuelan president feasts at ‘Salt Bae’ restaurant while country goes hungry
Nicolás Maduro, the president of Venezuela, has been heavily criticised for eating at Istanbul’s famous Nusr-Et steakhouse run by Turkish…
Strong U.S. job growth expected in September; wages seen rising
WASHINGTON (Reuters) – The U.S. economy likely created jobs at a brisk clip in September, with the unemployment rate probably…
Powell: U.S. outlook ‘remarkably positive’ with low unemployment, tame inflation
BOSTON (Reuters) – U.S. Federal Reserve Chairman Jerome Powell on Tuesday hailed a “remarkably positive outlook” for the U.S. economy…
U.S. new home sales rebound in August, but trend softening
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded in August after two straight monthly declines, but the underlying…
Fed likely to lift rates, possibly end ‘accommodative’ policy era
WASHINGTON (Reuters) – With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on…
U.S. producer prices post first drop in one-and-a-half years
WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in August, recording their first drop in 1-1/2 years, as declines in…
Fed’s Powell defends policy of gradual interest rate hikes
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank’s push to raise…
Exclusive: Trump demands Fed help on economy, complains about interest rate rises
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his…
Stocks, emerging currencies, lick wounds as lira bounces for second day
LONDON (Reuters) – Action from Turkey’s central bank pushed the lira higher for a second day on Wednesday, helping European…
Iran’s parliament summons Rouhani as economy falters under U.S. pressures
LONDON (Reuters) – Iranian lawmakers have given President Hassan Rouhani one month to appear before parliament to answer questions on…
INDIA: Inflation hits Bollywood
For many Indians, Bollywood movies offer them the only chance to see exotic foreign locations. However with the drop in…
Pakistan suffers low literary levels due to rising number of school dropouts
While Pakistan continues to struggle with issues like terrorism, drone attacks and rising inflation, alarmingly low literacy levels can now…
Tech leads Wall Street’s advance after strong jobs data
(Reuters) – Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the U.S.…
U.S. job growth seen picking up, wage growth likely moderate
WASHINGTON (Reuters) – U.S. job growth likely accelerated in May as warmer weather boosted hiring at construction sites, but wage…
Exclusive: Mexico central bank ready for election, could support peso-Diaz de Leon
MEXICO CITY (Reuters) – Mexico’s central bank is prepared for different scenarios resulting from the country’s July 1 presidential vote,…
Keiser Report: Fox News Boo Fail (E124)
This time Max Keiser and co-host, Stacy Herbert, talk about China regulating reincarnation and the US Air Force seeking virtual…
South Africa: Finance minister in hot water, rand tumbles
The South African Rand has fallen to a three-week low as investors and the international market closely monitor news that…
Venezuela keeps voting stations open amid light turnout
Voting centers across Venezuela’s capital appeared largely empty during Sunday’s presidential election, and authorities kept polling stations open past the…
U.S. labor market tightening; mid-Atlantic factory activity picks up
WASHINGTON (Reuters) – New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans…
People Are Making Big Money Kicking Detroit Residents Out Of Their Homes (HBO)
In the last 15 years, one in three Detroit properties have been foreclosed on. When most people think of foreclosure,…
Asia oil thirst tab $1 trillion a year as crude rises to $80
SINGAPORE/MUMBAI (Reuters) – Oil prices are poised to break through $80 per barrel and Asia’s demand is at a record,…
Turkey’s lira slides after Erdogan says wants greater economic control
ISTANBUL (Reuters) – Turkey’s lira slid to a record low and bond yields briefly touched their highest in at least…
Turkey’s Erdogan plans to take greater control of economy: Bloomberg
ISTANBUL (Reuters) – Turkey’s Tayyip Erdogan said he plans to take greater control of the economy after presidential elections next…
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming…
Inflation at highest rate since 2014
Canada’s inflation rate is at a nearly 4-year high, with big jumps in gas, phone and internet prices. Christian Lawrence…
DoubleLine’s Gundlach says U.S. Treasuries ‘not attractive’
NEW YORK (Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that U.S. Treasuries were “not…
Asia stocks struggle with rising yields; oil stays high
SYDNEY (Reuters) – Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest…
A U.S. recession ahead? Fed policymakers say not to worry
CHICAGO/SAN FRANCISCO (Reuters) – As the gap between short- and long-term borrowing costs hovers near its lowest in more than…
The ECB’s helping hand – monetary policies explained – real economy
Consumer Price Inflation, quantitative easing, long term refinancing and outright money transfers…. euronews, the most watched news channel in Europe…
Keiser Report: Deadly Deflation (E390)
In this episode, Max Keiser and Stacy Herbert discuss the butch welfare Queens in Virginia, Maryland and DC who rely…
Fed’s Evans says he’s optimistic on inflation, wants rate hikes
CHICAGO (Reuters) – Chicago Federal Reserve Bank President Charles Evans, one of the Fed’s most dovish policymakers, said Saturday that…
U.S. consumer spending up slightly; jobless claims at 45-year low
WASHINGTON (Reuters) – U.S. consumer spending rose marginally for a second straight month in February as households boosted savings, the…
U.S. nonfarm payrolls post largest gain in one-and-a-half years
WASHINGTON (Reuters) – U.S. job growth surged in February, recording its biggest increase in more than 1-1/2 years, but a…