July 12, 2020

President Trump has denied a request from Minnesota’s governor for money to rebuild parts of Minneapolis that were destroyed during the riots following the death of George Floyd.

“The Governor is disappointed that the federal government declined his request for financial...

July 11, 2020

Just prior to the global Coronavirus outbreak, serious signs of an emerging financial crisis began to emerge. As people were beginning to realize that yet another central bank engineered ‘bust’ was coming down on us, we were thrown into lockdown, shuttering millions of...

July 7, 2020

Volumes have continued to burst all around the country this week. Carriers are rejecting loads at rates only seen during the March panic-buying spree buildup.

Spot rates have been bid up above 2019 levels in many markets around the country, but it is unlikely that this...

July 7, 2020

New York's Department of Financial Services

Deutsche Bank has agreed to pay $150 million in penalties over its relationship with Jeffrey Epstein as part of a consent order with regulators in New York, the state's Department of Financial Services said Tuesday.

The multinat...

June 19, 2020

DR Congo's military is receiving weapons and training from multiple countries without notifying the United Nations as required by a 2004 resolution, according to a recent report to the Security Council.

Some of the weapons have fallen into the hands of armed groups opera...

June 19, 2020

As excerpted from Bloomberg macro commentator Ye Xie

Beijing Sounds Alarm About Demise of Mighty Dollar

With all the money printing and borrowing, is this the beginning of a long decline for the dollar?

Clearly this is on the minds of some senior Chinese officials. Guo Shu...

June 19, 2020

House readies $1.5T 'infrastructure' plan including education, broadband, housing

The House is preparing to merge several typically unrelated bills into one massive "infrastructure" package, doling out more than $1.5 trillion for everything from roads to education, housi...

June 18, 2020

The Bank of England, confronted by Britain's collapsing coronavirus-ravaged economy, will later Thursday reveal the outcome of its latest monetary policy meeting, with analysts predicting more stimulus.

The British central bank has been at the forefront of economic fire-...

June 17, 2020

During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the cent...

June 16, 2020

(Bloomberg) -- Stocks rose for a third day as optimism over a recovering U.S. economy overrode concern that coronavirus cases are worsening in locations ranging from Texas to China. Treasury yields rose and the dollar strengthened.

The S&P 500 climbed 1.9%, with energy,...

June 16, 2020

The Trump administration wants to end  enhanced unemployment benefits and replace them with a different policy, according to a senior aide.

Federal coronavirus relief legislation enacted in March authorized jobless Americans to receive an extra $600 a week in unemploymen...

June 16, 2020

The Federal Reserve said Monday that it will begin buying individual corporate bonds under its Secondary Market Corporate Credit Facility, an emergency lending program that to date has purchased only exchange-traded funds.

The central bank also spelled out for the first...

June 16, 2020

Stocks ended higher Monday, recovering from losses, after the Federal Reserve said it would begin buying individual corporate bonds.

The Dow Jones Industrial Average finished up 157 points, or 0.62%, to 25,763, the S&P 500 gained 0.83% and the Nasdaq rose 1.43%.

At one po...

June 15, 2020

TOKYO - Japanese Defense Minister Taro Kono said on Monday that he had halted plans to deploy the Aegis Ashore air defense radar that can track and target ballistic missiles in space in two parts of Japan.

Kono told reporters that due to technical issues as well as cost,...

June 14, 2020

One Hong Kong businessman moved $10 million to Singapore and plans to transfer more. Another is eyeing London property, worried that prices in Hong Kong are too high. Well-to-do families across the city are opening offshore bank accounts and applying for alternative pas...

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