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Commentary & Opinion
Stocks fell sharply on Monday, with the Dow Jones Industrial Average dropping 700 points before beginning to recover, after China announced that it will raise tariffs on $60 billion worth of U.S. goods starting in June.
May 10, 2019 What Companies Should Do to Prepare for a RecessionSource: Harvard Business Review
The legendary ball-drop in Times Square at the end of 2018 marked a decade since one of the worst recessions in modern memory. Four miles away, nervous Wall Street-types wondered if it also marked the end of a long cycle of...
May 9, 2019 Has The Fed Done It? No More Recessions?Source: Seeking Alpha
I mean, the odds that there's a recession anymore in any Western country of the world is almost next to impossible now, save a complete financial externality that we can't forecast."
Most Americans live paycheck to paycheck, a large number can’t come up with $400 for an emergency, and there’s no money to save for retirement and other goals.
May 8, 2019 What the history of health care reform in America suggests about the future of ObamacareSource: NBC - Vin Gupta and Sen. Tom Daschle
It is both the tragedy and irony of contemporary American politics that former President Barack Obama is impugned as a radical leftist for reprising, in more moderate tones, the legislative health care legacy of a fiscal...
May 7, 2019 CHANG | Capitalism Is Worth ItSource: Cornell Sun
Today, fewer than half of young Americans support capitalism. It’s a sympathetic statistic, since young adults’ conception of the economy has been irrevocably shaped by the Great Recession, unequal wealth distribution and poor...
U.S. President Donald Trump’s threat of increased tariffs on Chinese goods is an indication that U.S.-China trade negotiations may have hit “a sticking point,” Goldman Sachs says in a note.
Source: Yahoo Finance
“Bitcoin is a gambling device… there’s been a lot of frauds connected with it. There’s been disappearances, so there’s a lot lost on it. Bitcoin hasn’t produced anything,” the billionaire told a group of reporters ahead of...
Source: Houston Chronicle
hances are, as a Houstonian, you work with energy or petrochemicals in some way. If you’ve been here a few years, you lived through Harvey and have the scars to prove it. As both the world’s energy capital and a city exposed to...
Source: World Economic Forum
I don't think we'll necessarily have another financial crisis any time soon, although the political turmoil in the United States and the world is such that I don't really feel terribly safe about anything at the moment.
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