Lawmakers Pass $2 Trillion COVID-19 Relief Package
U.S. lawmakers in the House and Senate have just passed a $2 trillion bill aimed at bolstering the economy through direct payments and funding for COVID-19 relief.
Distribution of the much-anticipated second round of stimulus...
Shrinking middle-class leaves no room for millennials
The global middle-class is growing smaller and smaller, and millennials are being squeezed out.
Across the world, the middle class is experiencing an unprecedented decline, with younger generations facing an uphill battle in discovering monetary...
Are the U.S. and Europe heading for a trade war?
As the ongoing trade war with China nears an end, the U.S. is preparing to levy tariffs on the European Union in a move that could have a significant impact as Brussels struggles with...
Student loan debt: The cost of opportunity in America
If you're a billionaire looking to get some major attention, paying off an entire graduating class's student loan debt may be the answer.
Last weekend, Robert F. Smith, a billionaire tech investor and founder and...
Brutal economic report weighs on U.S. stock market
Global markets took a hit Thursday morning, setting up U.S. equities to open lower after the Fed warned of a weakening recovery and fading consumer confidence amid a record drop in GDP, and as...
Chinese economic growth steady despite trade war
The world's second-largest economy continued to grow in the first quarter, beating expert expectations despite the ongoing trade war with the United States.
China's economy surpassed projections as growth steadied in the first quarter of...
Upcoming IPOs That Are Worth The Hype
After a huge slump that lasted several decades, IPOs appear to be back with a bang. Despite the formidable obstacles posed by the COVID-19 pandemic, the year 2020 proved to be a major turning...
Money Laundering Is A Multi-Trillion-Dollar Business
According to documents obtained by BuzzFeed News and shared with the International Consortium of Investigative Journalists (ICIJ) and more than a hundred other media outlets, more than 2,000 files show more than $2 trillion...
A New Mega-Cartel That Could Rattle Oil Markets
As Iran remains defiant in the face of U.S. sanctions, India and China, the worlds second and third largest oil buyers, are contemplating a potential move which could counter the U.S.' pull on global...
Consumers breathe a sigh of relief as U.S. inflation forecasts fall
In a potential boon for the economy, consumers in the United States are expecting a less gradual increase in the price of goods and services. According to the Federal Reserve Bank of New York,...
