The US Federal Reserve left interest rates near zero and vowed to use all the tools to support the recovery from an economic downturn that Chairman Jerome Powell called the most severe “in our lifetime.” RT's Boom Bust is joined by Michael Pento, the founder and president of Pento Portfolio Strategies, to discuss the US...
The economy of the 19-country eurozone shrank by a record 12.1pc during the second quarter as coronavirus lockdowns froze business and consumer activity.
Nike has filed documents with the state of Oregon that show its recently announced layoffs will eliminate at least 500 jobs at the company's world headquarters near Beaverton. The company … Click to Continue »
Pharma giants GlaxoSmithKline and Sanofi Pasteur have announced they will supply 100 million doses of its experimental COVID-19 vaccine to the United States as governments buy up supplies in hopes … Click to Continue »
Basketball legend Charles Barkley provoked the wrath of the mob by saying that players shouldn't feel they have to kneel at games. It appears that if you don't fall in line with collective thought, you lose your ‘black card'. Charles Barkley has long been an outspoken figure in American sports. Since he's retired from playing...
The Foreign Ministry in Berlin warned against unnecessary tourist trips to the Spanish regions of Catalonia, Aragon and Navarre on Friday. People returning to Germany from these region will be required to go into quarantine for 14 days unless they can present a negative test for Covid-19, the ministry said on its website. Earlier on...
American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. … Click to Continue »
