Buck Bully
Latest Economy News
[CNBC, Getty Images] Negotiations on another Covid-19 relief bill are at an impasse. Some measures may get attached to a spending package that must pass by Dec. 11 to avert a government shutdown. Another weekly boost to unemployment benefits would most likely be part of the mix, according to unemployment […]
[Bloomberg, Getty Images] Systemic racism won’t be fixed with one remodeled store, but the community says it’s a step. Nearly six months after it was ransacked in the aftermath of George Floyd’s killing, the Target Corp. store in South Minneapolis is re-opening. Many parts of it will look just as […]
[CNBC, REUTERS] China’s economy recovered further from the coronavirus in the third quarter, according to data released Monday by the National Bureau of Statistics. The world’s second-largest economy reported third-quarter GDP growth on the low end of expectations, up 4.9% from a year ago. That brings growth for the first […]
[KITCO NEWS] This year, the global economy has contracted at a pace previously unseen. However, the crisis this year was only the trigger for what would otherwise have been an inevitable collapse in our economy. Doug Casey, founder of Casey Research, and Rick Rule, president of Sprott U.S., discussed with […]
[Coindesk] Luis Sosa, 39, the creative director at a startup in Mexico City, watched with skepticism as his friends invested in bitcoin a decade ago. Even after they made good on their investments, Sosa kept his distance. Now, his attitude toward crypto is changing, but not for the reasons you’d think. “With the increasingly […]
[CNN] New York — The US economy contracted at a 32.9% annual ratefrom April through June, its worst drop on record, the Bureau of Economic Analysis said Thursday. Business ground to a halt during the pandemic lockdown in the spring of this year, and America plunged into its first recession in 11 years, putting […]
[CNBC, GETTY IMAGES] KEY POINTS One reason the stock market is holding up well is because investors believe many corporations are going to fire a lot of people and replace them with technology that will make the companies more efficient and improve profits. There’s a fancy accounting term for this. […]
[Barrons, Bloomberg] The dollar has been weakening in recent months and currency strategists see more declines ahead. That could call for a different playbook for investors, including more foreign holdings. In a note to clients on Monday, Goldman Sachs ’s currency strategists forecast a 5% weaker dollar in trade-weighted terms during the next […]
[NBC NEWS] Yes. Your shoes miss you, too. “I loved doing my hair and getting ready, picking out a nice pair of pants and a dressy blouse or a dress and heels,” said Ashley Krasnoff, who used to go to her Los Angeles-area office every weekday. “With that came jewelry […]
[The Street, Getty Images] American Airlines does not have the financing for Boeing 737 Max aircraft it ordered. Repercussions are many. In addition to not having financing, The company does not have sufficient passengers. So AA Threatens to Cancel Some Orders. American executives told their Boeing counterparts in recent weeks they […]