Category: News

January 21, 2019

DAVOS, Switzerland (AP) — The world economy will be more sluggish this year, the International Monetary Fund warned Monday, citing trade disputes that have seen China slow to its weakest pace in 30 years as well as the impact of […]

January 18, 2019

Malaysia’s finance minister has hinted that the country’s government may consider dropping charges against Goldman Sachs over its alleged role in the 1MDB scandal. For a price. Lim Guan Eng told reporters on Friday that Malaysia would consider a settlement […]

January 11, 2019

On Saturday, the current government shutdown will become the longest in U.S. history. And with no negotiated end to it in sight, President Trump is reportedly considering alternative methods to secure funding for his border wall — including taking money […]

January 9, 2019

Fitch, one of the “Big Three” ratings agencies, has warned that the continued government shutdown puts the US at risk of losing its “AAA” credit rating in the near future. Speaking in London Wednesday, James McCormack, Fitch’s global head of […]

December 28, 2018

Donald Trump threatened to close the U.S.-Mexico border on Friday as a week-long partial government shutdown appeared likely to stretch into 2019 because of an impasse over funding for the president’s proposed border wall. “We will be forced to close […]

December 21, 2018

This year is likely a high-water mark for the U.S. economy, but 2019 won’t be anything close to the plunge into the abyss that recent stock market gyrations have suggested. If the economy were a jet that finally reached cruising […]

December 20, 2018

Controlling immigration was one of U.S. President Donald Trump’s primary arguments during the 2016 election, with him campaigning to limit entries into the U.S. and proposing building a wall along the U.S.-Mexico border. The political debate continues to rage today: […]

December 17, 2018

U.S. student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a hard time paying back their loans, according to a Bloomberg analysis of student loan securitization data. This debt is […]

December 13, 2018

Some 82% of chief financial officers say they see a recession beginning by the end of 2020, while nearly half see it even earlier, by the end of 2019. That’s according to a survey of US CFOs in the Duke […]

December 11, 2018

The numbers: The National Federation of Independent Business small-business optimism index fell 2.6 points in November to a seasonally adjusted level of 104.8, the lowest in seven months. Most of the decline coming from expectations about future sales and business […]