The recent GDP report has revealed that the US economy is slipping into a recession as inflation weighs on growth, but according to Morgan Stanley, this year's third quarter will see better growth.
Holders of dollars will see their purchasing power plummet, which is not a good thing for ordinary Americans if the US loses reserve currency status, and the fault will lie with the decades of monetary and fiscal...
A senior trade official today said that real-time digital transactions that India does are more than that are done in the US, China, and Europe put together.
After FedEx failed expectations for revenue and earnings in its first quarter, the CEO became pessimistic. Additionally, the business revoked its full-year guidance. The FedEx CEO has predicted a worldwide recession.
John Greenewald Jr., the owner of The Black Vault, mentioned in a tweet that Jeff Bezos' grandfather was a co-founder of DARPA, raising questions about DARPA's role in creating Amazon.
The US owes the rest of the world a net of $18 trillion at the moment, which is 73% of its GDP, considerably exceeding the 50% mark that has frequently signalled currency crises in the past, all of which suggest the coming of a post-dollar world.
Professor and economist Richard Wolff said that BRICS expansion goes hand in hand with de-dollarization and the decline of the 'US empire'.
The expansion of the BRICS group of...
A country's Gross Domestic Product (GDP) is a general gauge of its economic health. Let's take a look at the $100 trillion global economy, all in one chart.
According to a new report by Bloomberg, the Arctic Silk Road has come to life as Russia sends oil to China through the Bering Strait.
Multimillionaire California Governor Gavin Newsom failed to disclose his ties to Silicon Valley Bank while lobbying the White House and the Treasury Department over a pending bailout, The Intercept reported on Tuesday.
