Business

July 30, 2020
WORST DROP EVER for US economy as GDP crashes 33% due to Covid pandemic lockdowns

The Bureau of Economic Analysis said on Thursday that the coronavirus pandemic triggered the sharpest contraction of the US economy ever in the second quarter this year, causing a historic...

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July 30, 2020
WORST DROP EVER for US economy as GDP crashes 33% due to Covid pandemic lockdowns

The Bureau of Economic Analysis said on Thursday that the coronavirus pandemic triggered the sharpest contraction of the US economy ever in the second quarter this year, causing a historic...

Continue Reading
July 30, 2020
WORST DROP EVER for US economy as GDP crashes 33% due to Covid pandemic lockdowns

The Bureau of Economic Analysis said on Thursday that the coronavirus pandemic triggered the sharpest contraction of the US economy ever in the second quarter this year, causing a historic...

Continue Reading
July 30, 2020
WORST DROP EVER for US economy as GDP crashes 33% due to Covid pandemic lockdowns

The Bureau of Economic Analysis said on Thursday that the coronavirus pandemic triggered the sharpest contraction of the US economy ever in the second quarter this year, causing a historic...

Continue Reading
July 30, 2020
WORST DROP EVER for US economy as GDP crashes 33% due to Covid pandemic lockdowns

The Bureau of Economic Analysis said on Thursday that the coronavirus pandemic triggered the sharpest contraction of the US economy ever in the second quarter this year, causing a historic...

Continue Reading
July 30, 2020
WORST DROP EVER for US economy as GDP crashes 33% due to Covid pandemic lockdowns

The Bureau of Economic Analysis said on Thursday that the coronavirus pandemic triggered the sharpest contraction of the US economy ever in the second quarter this year, causing a historic...

Continue Reading
July 30, 2020
Gold, silver & bitcoin are the ‘THREE HORSEMEN of the APOCALYPSE’ to end financial apartheid – RT’s Keiser Report

Max Keiser and Stacy Herbert discuss the US Federal Reserve's endless money printing, particularly during the coronavirus pandemic. They look at historical gold, dollar and Fed Funds rate charts to...

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July 30, 2020
Eurozone unemployment rises despite lifting of coronavirus restrictions

The seasonally adjusted unemployment rate for the euro area inched higher in June, reaching 7.8 percent, as Covid-19 containment measures started being phased out in most EU member states. That's...

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July 30, 2020
Saudi Arabia books $29-BILLION deficit in Q2

Saudi Arabia booked a deficit of $29 billion for the second quarter of the year because of the continued slump in oil prices and oil demand, which affected revenues. Reuters...

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July 30, 2020
China’s Huawei is now the world’s largest smartphone maker

Huawei overtook Samsung and Apple in the second quarter of 2020 to become the biggest smartphone player in the world for the first time. That's according to a new report...

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July 29, 2020
Bezos, Zuckerberg & Musk added $115 BILLION to their fortunes during pandemic

While millions of jobs are projected to be lost this year as a result of the coronavirus crisis, tech moguls have seen their fortunes skyrocket. They are getting richer even...

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July 29, 2020
Bezos, Zuckerberg & Musk added $115 BILLION to their fortunes during pandemic

While millions of jobs are projected to be lost this year as a result of the coronavirus crisis, tech moguls have seen their fortunes skyrocket. They are getting richer even...

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July 29, 2020
Zimbabwe seals compensation deal with dispossessed white farmers, two decades after violent land grabs of Mugabe era

A $3.5 billion deal has been signed by Zimbabwe's government to compensate the country's white commercial farmers who were evicted from their land two decades ago. President Emmerson Mnangagwa said...

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July 29, 2020
Chinese banks urged to switch from SWIFT to domestic financial network amid looming US sanctions over Hong Kong

The Bank of China says the country should prepare for potential US sanctions by increasing use of its own financial messaging network for cross-border transactions on the mainland, Hong Kong...

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July 29, 2020
Jeffrey Epstein’s $22M Palm Beach home may sell faster than you’d think. Here’s why

Jeffrey Epstein's Palm Beach estate is on the market for a cool $22 million. But who would want a house where the late financier and convicted sex abuser Epstein committed...

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July 29, 2020
Jeffrey Epstein’s $22M Palm Beach home may sell faster than you’d think. Here’s why

Jeffrey Epstein's Palm Beach estate is on the market for a cool $22 million. But who would want a house where the late financier and convicted sex abuser Epstein committed...

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July 29, 2020
Miami sex workers were already living at the margins. COVID-19 made it worse

As soon as clients cross the threshold into her apartment, Ailiyah, a Miami-based sex worker, greets them with a thermometer and a bottle of hand sanitizer. On occasion, a mandatory...

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July 29, 2020
Miami sex workers were already living at the margins. COVID-19 made it worse

As soon as clients cross the threshold into her apartment, Ailiyah, a Miami-based sex worker, greets them with a thermometer and a bottle of hand sanitizer. On occasion, a mandatory...

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July 29, 2020
US Dollar’s grip on global markets is slipping – Goldman Sachs

The growing concern over inflation in the United States could mean the US dollar is in danger of losing its dominant role on the global market, Goldman Sachs has warned....

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July 29, 2020
How India’s oil major became BIGGER than Exxon

After decades of dominance, America's largest energy company Exxon Mobil Corp., has finally ceded its position as the world's second most valuable energy company to India's Reliance Industries. Reliance Industries...

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July 28, 2020
Pakistan starts transit trade via new seaport connected to China’s Belt & Road

Transit trade to Afghanistan through Pakistan's strategic Gwadar seaport began on Sunday. The port is part of the ambitious $61 billion China Pakistan Economic Corridor (CPEC) project. The first consignment...

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July 28, 2020
Gold price could skyrocket to $3,500 in two years – analyst

The price of gold hit a new all-time high this week on growing investor appetite for safe-haven assets. Experts project the epic run to continue, with gold to pass new...

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July 28, 2020
Gold price could skyrocket to $3,500 in two years – analyst

The price of gold hit a new all-time high this week on growing investor appetite for safe-haven assets. Experts project the epic run to continue, with gold to pass new...

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July 28, 2020
Gold price could skyrocket to $3,500 in two years – analyst

The price of gold hit a new all-time high this week on growing investor appetite for safe-haven assets. Experts project the epic run to continue, with gold to pass new...

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July 28, 2020
End of fiat money era: We’re switching to gold/bitcoin standard – RT’s Keiser Report

Deutsche Bank's top credit strategist Jim Reid has described himself as “a gold bug,” and reckons “fiat money is a passing fad in the history of money,” RT's Keiser Report...

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July 28, 2020
Fitch maintains China’s strong credit rating as economy stages ‘REMARKABLE’ coronavirus recovery

Fitch Ratings has affirmed China's long-term foreign-currency issuer default rating at ‘A+' with a stable outlook, supported by the country's robust external finances and track record of strong macroeconomic performance....

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July 28, 2020
China becomes largest importer of Russian meat

Russia more than doubled its meat exports in the first six months of this year, RBC daily reports, citing data from the Russian Agricultural Bank. China has become the largest...

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July 28, 2020
China becomes largest importer of Russian meat

Russia more than doubled its meat exports in the first six months of this year, RBC daily reports, citing data from the Russian Agricultural Bank. China has become the largest...

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July 28, 2020
China becomes largest importer of Russian meat

Russia more than doubled its meat exports in the first six months of this year, RBC daily reports, citing data from the Russian Agricultural Bank. China has become the largest...

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July 27, 2020
Recent Missouri editorials

Kansas City Star, July 22 Kansas City Police Chief Rick Smith was in the audience at the White House on Wednesday as President Donald Trump charged that violent crime is...

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July 27, 2020
Bars, restaurants to stop alcohol sales at 11 pm

Alabama bars and restaurants will not be able to serve alcohol past 11 p.m., under an emergency order adopted by the state regulatory agency Monday to try to curb the...

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July 27, 2020
UK economy won’t return to pre-Covid level until 2024

Britain's economic outlook for 2020 has been downgraded to an 11.5-percent contraction by leading economic forecaster EY ITEM Club. That's worse than the eight-percent decline forecast by the EY in...

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July 27, 2020
Bitcoin rockets past $10,000, logging two-month high amid global economic uncertainty

The world's most popular cryptocurrency, bitcoin, passed its key resistance level on Monday, jumping above $10,000 per coin for the first time since early June. The digital currency was trading...

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July 27, 2020
This oil crisis will COMPLETELY transform the industry

Some industry experts may think that the current crisis in markets is fundamentally no different from previous ones, but in reality, the crisis forces the oil industry to change in...

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July 27, 2020
Russia beating United States in battle for China’s huge energy market

Some 396,000 tons of Russian liquefied natural gas (LNG) were exported to China in June, according to a Bloomberg report citing data from China's General Administration of Customs. That figure...

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July 27, 2020
GOLD SOARS to all-time high while DOLLAR DIVES amid escalating US-China row

Gold surged to record highs on Monday as growing tensions between the US and China fired up investor appetite for safe-haven assets. It was also helped by aggressive monetary easing...

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July 27, 2020
GOLD SOARS to all-time high while DOLLAR DIVES amid escalating US-China row

Gold surged to record highs on Monday as growing tensions between the US and China fired up investor appetite for safe-haven assets. It was also helped by aggressive monetary easing...

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July 26, 2020
Millennials & Gen Z speculating on dead businesses are buying deckchairs on the Titanic – Max Keiser

Young traders using the Robinhood app are pouring cash into the stock of companies on the verge of bankruptcies, and their lack of basic knowledge about how trading works can...

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July 26, 2020
Europe’s economy on path to outshine US after coronavirus crisis is over – report

Europe is set to do better than the US not only in handling the Covid-19 outbreak, with a strikingly lower number of infections, but also when it comes to dealing...

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July 26, 2020
Domo arigato, Mr. Roboto! Russia may introduce new income tax… on ROBOTS

In an era when machines may leave millions of people without jobs, Russia is reportedly exploring the possibility of collecting taxes from robots, making the payments equal to income taxes...

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