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Economy

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

China Vice Premier To Visit Washington
The Vice Premier of China Liu He is going ahead with plans to visit the United States of America for further trade talks even after constant threats from Donald Trump. Mr. Liu, a close confidant as...
junk_food
Americans spend almost $300 billion on junk food per year, and then an estimated $190 billion to fight obesity.   According to the new survey, half of Americans will be obese within the next 10 years, up...
gold_silver
All good ideas arrive by chance- Max Ernst For what seems like an eternity for the bulls, the gold market has suffered from a strange cognitive dissonance, stubbornly refusing to react to the signs of the...
Steve Eisman
While Washington and Beijing are trading threats and counter threats, tariffs in the US have skyrocketed and President Trump has put the blame squarely on China. Amidst the hullabaloo about tariffs and ongoing trade war...
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...
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...
Banks Embrace Fintech
Mobile phone companies using financial technology (fintech) have played an integral role in providing the most required assistance to a large number of Africans who have struggled with conventional banking. Ever since mobile payment technology came...
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,...
sad_man
One of the frequent subjects of debate at those thrilling annual anthropological seminars is the origin of chivalry and gender equality. It is said to typically conclude with a joke about holding doors open for women...
black_friday
It’s official: No longer is it necessary to leave the comfort of the couch to take advantage of the best Black Friday deals. No longer is it necessary to forego sleep, push, shove, wait in...