A volatile reaction in bond prices could be sparked in Europe and could also spillover throughout the continent if there is a revival of reflationary pressures in the U.S., said the European Central Bank vice-president Vitor Constancio during a TV… Read More ›
Day: May 24, 2017
Rival Ethereum Is Up 2,000 Percent Compared To Bitcoin Which Has More Than Doubled This Year
Bitcoin has been outperformed by its closest rival Ether, which is up over 2,300 percent, even though the former has more than doubled in price this year alone. Bitcoin was trading at the day’s high of $1,003.25 on January 1…. Read More ›
The outcome of these two landmark cases will determine Wall Street’s policies
The SEC and the Consumer Financial Protection Bureau were given a set of powers in the wake of the 2008 financial crisis. Efforts are now being made to dismantle these structures. Is this the preamble to a coming global financial… Read More ›
Steel imports and U.S. national security concerns
The CEO’s of major U.S. steel producers are scheduled to bring greater clarity on issues surrounding this topic. The U.S. Commerce Department has disclosed, the chief executives of major U.S. steel producers are scheduled to voice their opinions on the… Read More ›
Senate Intelligence Committee to subpoena Michael Flynn’s businesses
The development has widespread implications, including the survival of the Trump Administration. In a development pregnant with political implications for the Trump presidency, the U.S. Senate Intelligence Committee has disclosed that it would subpoena two former national security adviser who… Read More ›
Trump’s first budget seeks to slash $3.6 trillion over 10 years
The assumptions of Trump’s first budget will need further scrutiny in the wake of economists terming it as being based on “rosy assumptions”. In efforts aimed at cutting the funding of healthcare and food assistance programs, U.S. President Donald Trump… Read More ›