U.S. trade and account deficit hits highest quarter in more than eight years

U.S. trade and account deficit hits highest quarter in more than eight years

While President Trump belligerently threatens China with a trade war, the U.S. continues to rely too much upon foreign imports for much of their goods.  And in new data out on Sept ...

Next retailer prepares for bankruptcy as financial woes hit Toys R Bust

Next retailer prepares for bankruptcy as financial woes hit Toys R Bust

Unlike 2008-2010 when the Financial Crisis and subsequent Great Recession primarily hit the banks, 2017 will be known in economic history as the year that brick and mortar retail b ...

India joins in on the bandwagon of sovereign governments potentially creating their own cryptocurrencies

India joins in on the bandwagon of sovereign governments potentially creating their own cryptocurrencies

Since cryptocurrencies are pretty much in the infant stages of acceptability and understanding, sovereign governments as a whole are on the fence in how to deal with de-centralized ...

When it comes to government healthcare who is more ignorant? Bernie Sanders or the constituents that voted for him

When it comes to government healthcare who is more ignorant? Bernie Sanders or the constituents that voted for him

Criticizing voters is not exactly fair since the Constitution protects the rights of the ignorant as well as the educated in their casting of ballots for whomever they so desire.   ...

Fed thankful for hurricane’s Harvey and Irma since it gives them cover for slashing Q3 GDP estimates

Fed thankful for hurricane’s Harvey and Irma since it gives them cover for slashing Q3 GDP estimates

It's another fiscal quarter and another major downgrade of GDP estimates by the Atlanta Fed. The U.S. central bank loves to use whatever economic data models are available to justi ...

Even as ESPN doubles down with more politics than sports, the TV industry continues to hemorrhage viewers

Even as ESPN doubles down with more politics than sports, the TV industry continues to hemorrhage viewers

Over the past few days one of the biggest scandals hitting ESPN once again is from one of their African-American announcers calling President Trump a white nationalist because of h ...

EU’s Juncker pressures ancillary states to not just join trade union but to also accept Euro as their primary currency

EU’s Juncker pressures ancillary states to not just join trade union but to also accept Euro as their primary currency

All appearances within the European Union are pointing to EC commissioner Jean-Claude Juncker wanting to turn Europe into one big superstate as the leading official is seeking to m ...

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