More Americans are struggling to pay their credit cards
Interest rates, which influence the cost of borrowing, are on the rise after the Federal Reserve kept them near zero for years.
Russia & other countries can demand $3.5bn in compensation from US over tariffs
Turkey, Japan and Russia have calculated how much US tariffs would add to the cost of steel and aluminum exports to America, and submitted their claims to the World Trade Organization.
Bitcoin is going to fall
There’s a ‘decent probability’ bitcoin goes to zero, says Vanguard economist.
Oil closes in on US$72 as US, China reach trade truce
OIL advanced near US$72 a barrel as an economic truce between the United States and China eased fears of a trade war, and before a meeting on crude prices between the ministers of top producers Russia and Saudi Arabia.
US likely to slap tough oil sanctions on Venezuela
Venezuelan President Nicolas Maduro won re-election to another six-year term on Sunday, despite widespread anger over the South American country's crushing economic and social crises.
The U.S. is Shackled by Historic Debt
Do you feel as if you’re drowning in debt? It’s worse than you think.
Which countries are dumping the dollar and why ?
The European Union is considering switching payments from the US dollar to the euro after Washington threatened to target European firms working in Iran, according to reports.
Goldman Sachs: The fiscal outlook for the US 'is not good'
Jan Hatzius, chief economist at Goldman Sachs, sees the deficit ballooning to $2.05 trillion (7 percent of GDP) by 2028.
Consumer debt is set to reach $4 trillion by the end of 2018
Americans are in a borrowing mood, and their total tab for consumer debt could reach a record $4 trillion by the end of 2018.
Vancouver miner to become one of Nova Scotia’s largest single mineral claim holders
Coronet Metals (TSXV: CRF) announced this week that it has entered into an agreement to gain 100% interest in 3,888 mineral claims totalling over 62,000 hectares in the Meguma Gold Belt located in Nova Scotia, eastern Canada.