The Financial Bloodbath of Argentina
The reaction in Argentina's top stocks to Argentinian President Mauricio Macri losing a primary election was worse than atrocious. It was a bloodbath.
Economy
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July Small Business Optimism Rises on Solid Economy, Expected Sales Increase
The National Federation of Independent Business reported Tuesday morning that small business optimism rose by near two points in July. Business owners are particularly optimistic about the U.S. economy and expected higher future sales.
These Four Southern States Have the Highest Bankruptcy Rates in the US
Bankruptcies rose last month nationwide, and the highest rates were in four states in the South. Baby boomers are among those most likely to go bankrupt.
Seniors Worried About Social Security Cuts
A recent survey of financial advisors highlights client worries about the future of Social Security.
UK Leans Toward Recession as GDP Contracts
Whether it is the effects of Brexit or the global economic slowdown, the U.K. economy shrank in the second quarter, a drop many experts had not expected.
UN Issues Report and Warning on Global Land Use
A new U.N. report on land use and climate change was issued Thursday.
When 3 Central Banks Cut Interest Rates in a Single Day
When economies struggle, the classic textbook move to stabilize and help a recovery is for a nation's central bank to cut interest rates. Three more central banks now have lowered their rates.
Trade War May Not End Before Election
A trade war is viewed as one of the few events that could knock the entire global economy off track. Such a hard hit easily could drive the global economy back into recession, particularly…
The Big Trade War If: What If China Decides to Sell its $1.11 Trillion in US Treasuries?
While the latest fallout after the trade war salvos seems to have priced in close to half of an additional interest rate cut from the U.S. Federal Reserve, it's time to wonder what will…
As China Devalues the Yuan, Trade War Fallout Spreads Far Beyond Ag Imports/Exports
There are not all that many trade war references from the modern era to refer to when it comes to what is happening between the United States and China.
The Gun Control Laws That Are Most Likely to Work Are Not About Banning Weapons, Study Says
A new study from researchers at Boston University finds three types of laws that reduce state homicide rates. Banning assault weapons and high-capacity magazines are not among them.
2020 Redistricting: An Early Look
ThinkstockBy Kyle Kondik, Managing Editor, Sabato’s Crystal Ball KEY POINTS FROM THIS ARTICLE — The Supreme Court’s recent decision to stay out of adjudicating gerrymandering doesn’t necessarily change anything because the court had never put…
FOMC Cuts Fund Rates for First Time in 10+ Years
As expected, the Fed's open market committee on Wednesday raised the Fed funds rate by a quarter-point while leaving open the possibility of future cuts if needed to sustain the U.S. economic expansion.
This Is Why Kids Born in Big Cities Make More Money As Adults Than Others
New research in the United Kingdom indicates that being born in a large city has a larger impact on adult earnings than does being born in a small town and later moving to the…
Growing Number of Parents Expect Their Kids to Pay for College
Student loan debt can be a killer, accounting for the most U.S. consumer debt in any category other than mortgages. Nearly 58% of graduates of four-year nonprofit public and private colleges in 2017 owed…