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Why Universal Basic Income Won't Work

Why Universal Basic Income Won't Work

The universal basic income (UBI)…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

A Recession Would Devastate The U.S. Oil Industry

A Recession Would Devastate The U.S. Oil Industry

The U.S.-China trade war and…

Markets / Economy

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40% Of Americans Think A Recession Is Looming

Jul 02, 2019 at 18:00

Despite over 10 years of solid economic growth, many Americans are fearing the worst

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A False Profit: Why GDP Is A Terrible Way To Measure The Economy

Jul 01, 2019 at 13:00

There are positive feedback loops, where GDP-generating activities cause other GDP-generating activities. At least, while it lasts.

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Markets On Edge As Trump Doubles Down On Anti-Powell Rhetoric

Jun 27, 2019 at 18:00

Trump has not tip-toed around his disdain for Fed Chair Jerome Powell, but after his latest round of Tweets, markets are finally taking note

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America's Richest Are Begging To Be Taxed

Jun 27, 2019 at 15:00

The world loves to hear America’s billionaires pining away for higher taxes, and it seems to be a trend that is gaining momentum in this new era of over-the-top capitalism

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Why Central Banks Are Dumping The Dollar

Jun 21, 2019 at 12:00

Along with the expectation of a looser economic policy, ie., lower interest rates, the gold price is also currently being supported by major central bank buying

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Tariffs Jeopardize $1 Trillion In Energy Investments

Jun 20, 2019 at 12:00

India is the fastest-growing energy market in the world as demand for energy on the subcontinent booms, but a brewing tariff spat with the United States might end up closing…

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Americans Are On A Crash-Course With Credit Card Debt

Jun 19, 2019 at 12:00

When compared to other generations, millennials are much less likely to have credit card debt. However, that doesn’t mean they are completely immune to it

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For American Businesses, The Fairy Tale Is Already Over

Jun 17, 2019 at 15:00

Morgan Stanley says its proprietary Business Condition Index dropped 32 points last month, marking the sharpest collapse since the 2007-08 financial crisis

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Market Mayhem Sparks Worries Of A Looming Recession

Jun 17, 2019 at 12:00

Virtually every asset but stocks is now pricing in a recessionary move. So which will be right? Euphoric US bulls or all other markets?

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Kremlin Moves To Dump The Dollar

Jun 13, 2019 at 12:00

Russian President Vladimir Putin has been clear about his intentions to dump the U.S. dollar, but now his plan looks to be making some progress

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