Markets brace for prolonged trade war
The trade war is officially back on, with the United States and China both refusing to give even an inch, causing investors worldwide to lose big as markets face their worst May in nearly...
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...
Aramco more profitable than Google and Apple combined
In the middle of its roadshow to raise some $10 billion in investments, Saudi Aramco exposed its earnings for the first time ever.
According to a report from credit agency Moody's, the Saudi oil business...
The overlooked catalyst that could trigger a global financial crisis
It has been over a decade since the downfall of Lehman Brothers and the financial crisis which left the world struggling for years after the debt bubble burst, however, the next major decline might...
Bitcoin continues rally, surpasses $5,000
Bitcoin surged unexpectedly overnight, stimulated by an unusual high-volume purchasing spree, bringing the bulls back into the crypto-sphere.
Despite last week's fall below the key $4,000 support level, Bitcoin soared as much as 20, breaking...
European regulators slam major banks for forex manipulation
European regulators slammed a handful of major banks with a billion dollar fine for rigging forex markets.
EU antitrust regulators have fined Barclays, Citigroup, J.P. Morgan, and Royal Bank of Scotland a massive €1.07 billion...
Alibaba weighs $20 billion Hong Kong listing
Chinese online retail giant Alibaba is supposedly considering a $20 billion Hong Kong listing in what would be an unexpected move for the vast $400 billion business.
The transaction would be the biggest follow-up share...
China’s rare earth “nuclear option” looks increasingly likely
China's threats to ban rare earth exports to the United States is looking increasingly likely as trade tensions in between the two economic superpowers continue to escalate.
China is ready to use rare earths to...
Virgin Galactic to go public as space race heats up
The space race is heating up, with Richard Branson's space tourism business, Virgin Galactic, revealing its plans to go public by the end of 2019.
Billionaire Richard Branson's space-tourism venture, Virgin Galactic, is reportedly preparing...
Trade war tit-for-tat spills into America’s backyard
The ongoing trade war between the United States and China has shocked markets on multiple occasions, stranded workers across many industries, and left the citizens on the ground in both countries scratching their heads...
