Rickards: Creative Debt Distribution Won't Fix Federal Debt Problem
"We have forgotten, as a society, that real goods and services have a real cost."
House votes to ease bank rules, sending bill to Trump's desk
The House voted to pass a bill to roll back regulations on all but the largest banks.
Fears of regulation keep bitcoin under pressure
Digital currencies moved lower Tuesday, with some altcoins, smaller coins alternative to bitcoin, losing as much as 7%.
Russian gas sales to EU hit record high
European countries boosted imports of Russian gas to unprecedented levels in April with overall supplies in 2018 expected to climb above 200 billion cubic meters for the first time ever, ignoring the impact of strained relations.
Dodd-Frank overhaul heading for likely passage in Congress
The measure includes various provisions that affect consumers, including one that might make it easier to get a mortgage at their local bank or credit union.
Why European Banks Are in Trouble
2018, that is about 291 percent of GDP. European banks are in trouble for several reasons.
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.