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...
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...
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...
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...
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...
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...
Retail layoffs hit highest level since 2009
Retail layoffs are skyrocketing on a mix of an accelerating economic slowdown which is also weighing on the manufacturing sector and technological innovation outpacing the workforce.
A report from job placement company Challenger, Gray &...
India, China could form mega cartel in 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...
