January 13, 2020
“Overcrowding and pollution will become less urgent, thanks to plateauing populations and paradigm-changing green technologies—electric cars and renewable power. Energy and other commodity prices will stay manageable and capital super abundant, not in constrained supplies as was the constant worry in the closing decades of the… Continue Reading…
January 9, 2020
“More than 18,000 hours of internet shutdowns around the world caused by deliberate government action costmore than $8 billion in 2019, a new report estimates… The report, which examines partial and total shutdowns across 122 countries, was published by the internet… Continue Reading…
January 8, 2020
“The Federal Reserve Bank of New York added $76.9 billion in temporary money to financial markets Monday. The Fed’s intervention came via an overnight repurchase-agreement operation that took in Treasury and mortgage securities…” https://www.wsj.com/articles/fed-adds-76-9-billion-in-overnight-money-to-markets-11578321440
January 7, 2020
“Despite ongoing U.S. tensions with Iran that derailed markets last week, U.S. stocks staged an impressive rebound on Monday, recovering from earlier anxiety on Wall Street… “The rebound wasn’t so much in response to a specific headline but instead a reduction in… Continue Reading…
January 2, 2020
“China on Wednesday moved to pump more cash into its financial system, suggesting that Beijing remained concerned about faltering growth despite signs that the world’s second-largest economy was stabilizing… The country’s slowdown has sent ripples through the global economy. Germany narrowly… Continue Reading…
January 1, 2020
“Mr. Papariella’s clients often look to buy used jets, some decades old, that still perform at a high level but cost less up front, he said. A Gulfstream G4 from 2002 might cost $3 million — far better than $60… Continue Reading…
December 30, 2019
“Global stock markets have been on a torrid run in 2019, adding more than $17 trillion in total value, according to Deutsche Bank calculations. The value of global equities began the year just under $70 trillion but has now surpassed… Continue Reading…
December 30, 2019
“Holiday shopping set records over the weekend, with Super Saturday sales reaching $34.4 billion, the biggest single day in U.S. retail history, according to Customer Growth Partners… … As retailers offer improved web platforms, online spending so far this season has… Continue Reading…
December 24, 2019
“Nationwide, 31% of people with credit bureau records had debt in collections last year, according to the 2018 figures, which were published by the Urban Institute. The median amount of that debt was $1,639. “The share of consumers with financial distress,… Continue Reading…
December 24, 2019
“The number of available jobs jumped in October after hitting an 18-month low the previous month, a sign the job market remains strong. The Labor Department said Tuesday that the number of available positions rose 3.3% to nearly 7.3 million. That suggests… Continue Reading…
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