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The latest news in the economy, covering policy changes, market developments and much more

In March 2020, the novel coronavirus swept through the U.S., forcing stay-at-home orders and business closures across the country—including all but two of the country’s nearly 1,000 casinos. That same month, New Jersey, Delaware, Nevada, and...
gold
Gold miners’ stocks rocketed out of mid-March’s stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks’ upleg stalling out since, have left many traders nervous about this...
gold
Gold is soaring past an eight-year high now, even as equities are rebounding, in a bizarre setup that sees the two moving in lockstep when traditionally gold would be a safe haven asset that replaces...
Retail
U.S. states are now open again for business, but the lines outside of places like TJMaxx might be misleading.  The question now is this: With doors re-opening, which ones are going to stay closed, and will...
dairy
In 2018 alone, the U.S. lost 2,731 licensed dairy farms. That news has gone surprisingly underreported, until Dean Foods, America’s largest dairy company, filed for bankruptcy this week, adding more uncertainty to milk supply sector. In...
Pandemic Middle Class
The global pandemic ravaged the world’s economies across the board, diminishing standards of living and pushing millions into poverty. In the process, the world has seen its middle class shrink by tens of millions.  Prior to...
China Tech Digital Currency
Last year, massive cracks emerged in Jack Ma’s sprawling internet and mobile empire after Chinese authorities scuttled  the much-anticipated $37 billion Ant Group listing. Jack Ma is the founder and former-CEO of Alibaba Group Holding...
Fintech Crypto
Airline miles and hotel points are so 2010. The next round of credit card disruptors will offer something much more millennial … bitcoin rewards.  The recent mainstream adoption of bitcoin is getting yet another “cashback” boost,...
jpmorgan
Wall Street stocks and most financial markets have simply shrugged off news that inflation levels have accelerated to the fastest pace in more than decade. On Thursday morning, the U.S. Labor Department revealed that headline...
Insurance
Major health insurance companies have started to offer discounts to their customers due to the pandemic, but it wasn’t out of the goodness of their hearts, or for any marketing stunt: It was only after...