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Iran and Venezuela are reeling from U.S. sanctions

Iran and Venezuela reeling from U.S. oil sanctions

A worldwide oil surplus is permitting the United States to accelerate its plan of bringing Iranian crude exports to a standstill, and markets are watching on in awe as the commodity battle plays out. U.S....
U.S.-China Trade War Nearing End?

Is the U.S.-China trade war nearing an end?

President Donald Trump's leading trade war mediator U.S. Trade Representative Robert Lighthizer said that the U.S. is making "headway" on problems it considers essential, including its desire for China to make deep structural modifications...
bullish news is mounting for gold

Bullish news is mounting for gold

Bullish indicators are growing for gold as reserve banks double down on their cravings for the precious metal. The People's Bank of China increased its gold reserves for a 3rd straight month in February, bringing...
global debt storm

A global debt storm is brewing says S&P analysts

Domestic and global debt is now even greater than before the global financial crisis, making the world susceptible to economic and market shocks, S&P Global Rankings has warned. S&P analysts have found that global debt...
berners-lee save the web

Sir Tim Berners-Lee: It’s not too late to save the web

With the rise of online harassment, hate speech, state-sponsored hacking, and fake news, Sir Tim Berners-Lee, the innovator of the World Wide Web, doesn't exactly like what he sees... Sir Berners-Lee issued a passionate letter...
S&P 500

S&P 500 reverses five-day losing streak

Led by gains in the technology sector, the major S&P 500 stocks increased drastically Monday, closing the day up by 1.47 percent. Michael James, director of equity trading at Wedbush Securities in Los Angeles noted,...
Inflation to decline

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,...
global poverty

Global poverty is on the decline…kind of

Last month, Microsoft co-founder and philanthropist Bill Gates touched off a prominent dispute about global poverty after tweeting out a chart from the site Our World in Data showing that the variety of people...
Trudeau Scandal

Justin Trudeau scandal worsens as cabinet exodus continues

Two high-profile women ministers in the cabinet of Trudeau, including Canada's first indigenous justice minister, and his lead aide and close friend resigned in demonstration. The former justice minister and attorney general, Jody Wilson-Raybould, says...
Budget Deficit

Washington shrugs as budget deficit continues to soar

The federal deficit spending is ballooning on President Donald Trump's watch and Washington does not seem to mind. And even if they did, the political dynamics that enabled bipartisan deficit-cutting offers decades earlier has vanished,...