This week saw the American Rescue Plan bill make its way back to the House of Representatives. On Wednesday, March 10th the House Democrats voted through this massive $1.9 trillion coronavirus relief bill. President Joe Biden signed the bill on…
This past week a court ruling emerged that the United States’ CDC Centers for Disease Control and Prevention eviction ban is not constitutional. It threatened to overturn the so-called pandemic eviction ban that has kept millions of Americans from losing…
This past week news emerged that much of the rest of the world’s economies are lagging behind that of United States’ recovery. Economists at JPMorgan Chase and Company warned that the recovery within the U.S. is gathering pace at a…
This past week saw an increase in domestic and international travel restrictions in response to the increased varieties of coronavirus making the rounds around the U.S. and especially Florida and the South. Renewed calls for almost unprecedented travel restrictions between…
The price of silver surged to 8-year highs ($29.59) over the weekend. But despite reports in Bloomberg, CNN, and Barron’s that Reddit was to blame, there’s no evidence of a coordinated push among Redditors to go long on the white…
It is now less than two weeks time until the long-dreaded Hard Brexit scenario becomes a reality with all of its threatened international economic dislocation and corporate pain. This past week the news emerged from London that the British are…
This past week several reports emerged concerning the ongoing troubled relations between the United States and China. Secretary of Commerce Wilbur Ross slammed the Middle Kingdom for its failure to meet up to the norms expected of good state actors.…
This past week, the news emerged of a looming unemployment benefits cliff that is threatening to cut off millions of unemployed Americans who have been badly impacted by the effects of the coronavirus and business shutdowns. With negotiations to agree…
The economic fallout from coronavirus continued to worsen this past week as governors ignored court orders and imposed lockdowns. Resulting statistics from these and other protective measures have taken their collective toll on the U.S. economy in 2020. Despite record…
This past week saw a spate of horrific terrorist attacks unleashed on both France and Vienna, Austria at a time when many individuals had seemingly forgotten the still significant power of Islamic extremists and ISIS fighter returnees to Europe. The…
This past week saw the conclusion of the hardest fought and most controversial election in modern U.S. history as President elect Joe Biden narrowly defeated U.S. incumbent President Donald Trump after a bitter, divisive, and hard fought electoral campaign. The…
This past week saw the United States struggling with new high numbers of coronavirus cases. Thursday was a high water mark of 88,521 new cases per day elevating the revolving seven day average to a new peak of 76,590 according…
This past week the news emerged that Disney was forced to let go of 28,000 employees throughout its division of parks, experiences, and consumer products. The extended closures at their theme parks in California coupled with reduced attendance at the…
The Coronavirus has caused a scare around the world as an unfolding global health pandemic, but not as much attention has been paid to the effects it is having on the Chinese and now global economies. Uncertainty surrounding the resumption…
This past week the news emerged that despite what has been called the greatest economy in history a huge percentage of Americans are actually living from one paycheck to the next. Respected business news site MarketWatch cited a few surveys…
The concepts of “ethical gold” and fair trade have increased in importance over the years. Tradewind Markets, a gold fintech company, has embraced that idea, developing and launching its new Origins application. The firm enables both physical and alternative assets…
Humankind has been mining for the resplendent metal that is gold for millennia. Archeologists discovered a prehistoric Bronze Age gold mine at a site known as Sakdrisi, in the Kvemo Kartli region of present-day Georgia. Dating from between the…
Since the year began you have watched oil prices really soar. This has been supported by a number of factors, including OPEC cutting supplies, additional fighting in Libya, and American sanctions against both OPEC nations Iran and Venezuela. The two…
The US dollar lost 2.15% against the Japanese yen in the space of 15 minutes after the Bank of Japan (BoJ) announcement on interest rates. The spin-off from this turmoil provoked a fall in the S&P 500 of 0.7% within…
Puerto Rico has been in a period of economic stagnation that goes back decades. Along with the decline in GDP, it has also been losing citizens to the mainland, a trend that is causing a decreasing population. High government spending…
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