Category: Business & Economy

The Treasury is expected to hold its quarterly note and bond sales at record levels for the third straight time as Washington’s latest budget deal shows that the U.S.’s debt binge will continue.

Proving that absolutely nothing has been learned from the 2008 housing crisis, a national lender has begun making mortgage loans available for borrowers without credit scores.

According to the latest IIF Global Debt Monitor released today, debt around the globe hit $246 trillion in Q1 2019, rising by $3 trillion in the quarter, and outpacing the rate of growth of the global economy as total debt/GDP rose to 320%.

The longest US economic expansion in history is now a fact. Sadly, when peeling back the layers of the onion, the reality is far less euphoric. This historic expansion – mostly of asset prices – achieved just one thing: it made the rich richer while crushing the middle class,

The Retail Industry Leaders Association (RILA), whose members include Best Buy, Walmart and Target, demands an investigation whether Silicon Valley’s most prominent companies [Amazon and Google] are manipulating search results that disadvantage traditional retailers.