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Economy

“…Feds Descend on Maine as Janet Mills Faces Explosive Fraud Claims”

January 18, 2026

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Stocks

“Nvidia’s $4 Trillion Stock Rally Faces More Threats Than Ever”

January 15, 2026

“…Nvidia Corp. shares are down about 8% since hitting a record on Oct. 29, well underperforming the S&P 500 Index, as investors grow concerned about the sustainability of artificial intelligence spending and the chip giant’s grip on the market… Meanwhile,… Continue Reading…

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Economy, Real Estate

“US office buildings face $117BN debt time bomb: Mortgages due this year threaten to sink US economy as thousands of workplaces remain empty”

January 4, 2024

“Billions of dollars in loans on office buildings that are about to come due could play havoc with the US economy after interest rates soared. About $117 billion worth is expected to be due this year and needs to be repaid or… Continue Reading…

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Banking, Business

“China Investors Face Tens of Billions in Losses Over Zhongzhi”

December 6, 2023

“As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about $56 billion… Authorities over the weekend said they’ve opened criminal investigations… Continue Reading…

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Real Estate

“Mortgage rates near 8%, an ‘inventory crisis’: Homebuyers face a ‘tricky’ market, expert says”

October 13, 2023

“…With fewer people selling their houses, she said, there is now an “inventory crisis.” “We’ve seen a crunch — our first-time homebuyers are struggling,” she added… Mortgage rates are currently approaching 8%, the highest level in decades, and have priced many first-time… Continue Reading…

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Economy

[Attack The Poor] “Black taxpayers more likely to face audits, IRS confirms

May 17, 2023

“The IRS on Monday said that Black taxpayers are significantly more likely to face an IRS audit, confirming recent findings. IRS Commissioner Daniel Werfel said the agency is weighing changes to address the disparity. A study released in January by economists at Stanford University,… Continue Reading…

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Economy, Stocks

“After $18 Trillion [decline], Global Stocks Face More Hurdles in 2023”

December 30, 2022

“…Reeling from a record $18 trillion wipeout, global stocks must surmount all these hurdles and more if they are to escape a second straight year in the red… With a drop of more than 20% in 2022, the MSCI All-Country… Continue Reading…

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Economy, Real Estate

“Manhattan renters face sticker shock with average rent at $5,200”

December 8, 2022

“Manhattan rents rose 2% in November, dashing hopes that prices would cool and forcing many renters to give up their leases or downsize, according to brokers. The median rent for a Manhattan apartment in November hit $4,033, up from $3,964… Continue Reading…

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Energy

“Oil Markets Could Face A Doomsday Scenario This Week”

June 29, 2022

“Global oil markets are going to be very volatile in the coming months if news emerging from OPEC’s main producers about production capacity constraints turns out to be true… With a presumed spare capacity of more than 3-4 million bpd,… Continue Reading…

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Cryptocurrencies

“Crypto hedge fund at center of crisis faces risk of default as deadline to repay $670 million nears”

June 27, 2022

“Three Arrows Capital, a crypto-focused hedge fund, has to meet a deadline on Monday to repay more than $670 million in loans or face default, in a case that could have a ripple effect across the digital asset market. 3AC,… Continue Reading…

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