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Economy

478 posts
Beijing Helicopter Taking Off: China Central Banker Calls For Direct Money Transfers To Households
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Beijing Helicopter Taking Off: China Central Banker Calls For Direct Money Transfers To Households

When the US economy crashed in a deflationary vortex during the global financial crisis (and just after the time giant yen carry trade imploded), it seemed to many that another great Depression was assured. However, after a brief period of pain, both the US and the world economy staged a remarkable rebound which, we learned
AMANDA PLATELL: Lauryn Goodman’s fate is a warning to every grasping woman who sees their ex as a meal-ticket for life
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AMANDA PLATELL: Lauryn Goodman’s fate is a warning to every grasping woman who sees their ex as a meal-ticket for life

Serial cheat Kyle Walker, father to four children with his wife Annie and two with his on-off mistress Lauryn, is no paragon of virtue. But the footballer struck a victory for men everywhere this week when a judge decreed his ex's demands for support were completely out of order. Judge Edward Hess ruled that after
Nasdaq Enters Correction As Jobs Report Fuels Massive Stock Selloff
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Nasdaq Enters Correction As Jobs Report Fuels Massive Stock Selloff

Forbes Business Breaking Nasdaq Enters Correction As Jobs Report Fuels Massive Stock Selloff Ty Roush Forbes Staff Ty Roush is a breaking news reporter based in New York City. Following Aug 2, 2024, 04:42pm EDT Share to Facebook Share to Twitter Share to Linkedin Topline All three major indexes fell Friday, as stocks declined following
Election 2024: A majority of delegates have voted to nominate Harris, DNC chair announces
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Election 2024: A majority of delegates have voted to nominate Harris, DNC chair announces

What's happening today on the campaign trail Democratic National Committee Chair Jaime Harrison announced that Vice President Kamala Harris has won enough delegate votes to secure the party's nomination. The DNC will make an official announcement when delegate voting concludes on Monday evening. Former President Donald Trump is attending a dinner fundraiser in Bridgehampton, New
Horrors of Stalin’s genocide by starvation: How desperate parents cooked and ate their children’s corpses to stay alive before ‘losing their mind’ during dictator’s ‘man-made’ Holodomor famine that left millions dead in Ukraine
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Horrors of Stalin’s genocide by starvation: How desperate parents cooked and ate their children’s corpses to stay alive before ‘losing their mind’ during dictator’s ‘man-made’ Holodomor famine that left millions dead in Ukraine

Nearly four million people died of starvation in Ukraine in the early 1930s during a horrifying man-made famine that has irreparably scarred the fabric of Ukrainian society - but few today even know its name. The Holodomor was once judged a 'classic example' of genocide by Raphael Lemkin, the Polish lawyer who coined the term
‘Election Nostradamus’ who’s correctly predicted every presidential winner since 1984 reveals surprising thoughts about how JD Vance could sway outcome
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‘Election Nostradamus’ who’s correctly predicted every presidential winner since 1984 reveals surprising thoughts about how JD Vance could sway outcome

A forecaster known as the 'Nostradamus' of presidential elections gave his take on how JD Vance could sway the outcome between Donald Trump and Kamala Harris.  Professor Allan Lichtman of American University has accurately called the winner of nearly every presidential election since President Reagan's reelection in 1984. Earlier this week, after updating his complicated prediction model
Why this past year has been one of the WORST ever for Australian businesses – as they go bust at a record rate
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Why this past year has been one of the WORST ever for Australian businesses – as they go bust at a record rate

Beautician Giulia Teaupa says she almost closed her business as the most aggressive interest rate hikes in a generation came close to crippling her financially. And she's one of the lucky ones: a record number of other businesses did go under during the last financial year - simply because customers weren't able to spend. This