A Phase-One Deal is Very Close to Concluding as Sources ClaimEconomy

A Phase-One Deal is Very Close to Concluding as Sources Claim

Trump and his administration reached a phase-one deal in principle with China, said three sources to CNBC. On Thursday afternoon,…

Interest Rates Will Remain Unchanged, Says the FEDEconomy

Interest Rates Will Remain Unchanged, Says the FED

As expected, the Fed keeps its rate benchmark in a target range of 1.5%-1.75%. On balance, the individual members’ future…

Dealmaker Trump and Democrats Legislative VictoryEconomy

Dealmaker Trump and Democrats Legislative Victory

An influential Republican senator clashed with top trade officials of President Trump. It happened during the Tuesday morning conference call.…

Jeffrey Gundlach: Forecast of the 2020 U.S. EconomyEconomy

Jeffrey Gundlach: Forecast of the 2020 U.S. Economy

The CEO of $150 billion DoubleLine Capital, influential bond investor Jeffrey Gundlach, is in trouble brewing in the debt market,…

A Decade Without a Recession in United States HistoryEconomy

A Decade Without a Recession in United States History

The U.S. economy always tumbled into a recession every decade since the period immediately before the Civil War. But there…

China and the United States: Size of Agriculture PurchasesEconomy

China and the United States: Size of Agriculture Purchases

The United States President Donald Trump asked China to buy from $40 to $50 billion worth of farm goods in…

Indian Central Bank Keeps Interest Rates UnchangedEconomy

Indian Central Bank Keeps Interest Rates Unchanged

On Thursday, India’s central bank kept many people surprised by continuing its prices of interest stable. Amid a notable slowdown…

Unfair Social Security Program; the Rich Get RicherEconomy

Unfair Social Security Program; the Rich Get Richer

The Social Security program is the only program that was truly progressive and benefited the working class more than the…

U.S. Corporate Debt Adds Up to Roughly $10 TrillionEconomy

U.S. Corporate Debt Adds Up to Roughly $10 Trillion

Washington Post recently cited data which shows that the U.S. corporate debt is nearing $10 trillion. WaPo found that it…

The Global Debt: The World Economy is Hooked on itEconomy

The Global Debt: The World Economy is Hooked on it

The global debt is to another record, thanks to cheap borrowing costs.   The way to enhance economic growth is…