LONDON (AP) — Britain has suffered the deepest recession among the world’s top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed […]
UK Records Deepest Recession Among Top Economies
39% Of Younger Millennials Return Home Amid Crushing Recession
The virus-induced recession has abruptly upended younger millennials (ages 24 to 29) from living on their own, have now moved back home, according to a new survey. The new survey, commissioned by TD Ameritrade (seen by CNBC), found that […]
Belize: The unemployment crisis in Belize
While Belize and the rest of the world at large continue to battle with the crippling effects of COVID-19, unemployment has quickly risen to crisis status in the country. The tourism sector […]
“Let Them Fail” – Billionaire Explains To Gobsmacked CNBC Host How Capitalism Is Supposed To Work
With millions of Americans sitting at home working on their laptops, the passive viewership of cable news channels like CNBC must be waaaay up this month, as finance nerds welcome normies to […]
How Big Tech survives recessions and always comes out stronger The best leaders, such as former Intel CEO Paul Otellini, have always seen difficult times as an opportunity.
As an analyst, I’ve been involved with the tech industry for 40 years now and have lived through at least five recessions during that time. I’ve noticed that many of the tech […]
White House, Senate Agree On “Largest Rescue Package In American History”
We have a deal, folks! It appears on early Wednesday morning, the White House and Republican and Democratic Senate leaders reached a deal to keep the American economy humming during the virus […]
You Should Be Absolutely Terrified About the Economy The good news—the only good news—is that the feds might be spooked enough to actually help.
We appear to have reached the stage where just about everybody is terrified of what the coronavirus outbreak will do to the economy. The Federal Reserve pulled the fire alarm this weekend, announcing that […]
Barbados: MAJOR RISK
BARBADOS and other tourism dependent economies in the Caribbean could be hard hit if there is a widespread global recession brought on by the Covid-19 virus. This is the view of Economist […]
Markets Implode, Coronavirus Cases In Europe & US Explode, As Outbreak Slows In South Korea: Live Updates
Since we checked in last on Sunday evening, hundreds of new cases have been confirmed in Europe and Asia, but the ambient level of global hysteria has seemingly escalated with the limit-down […]
Blackrock CIO: The Endgame Is Coming And Central Banks Will Debase Everything To Spark Inflation
Blackrock’s Chief Investment Officer, Rick Rieder, best known perhaps for recently suggesting that the ECB should monetize stocks, writes in the Blackrock blog today and highlights the economic policy state-of-play today, and where it may lead to […]
