Venezuelan inflation predicted to hit 1 million percent this year
Venezuela is arguably going through one of the largest economic disasters in world history, with prices soaring uncontrollably...
The cost of Donald Trump’s mission to put America first and abandon the liberal world order
On Donald Trump’s first day as president, he declared a change in America’s direction. “For many decades, we’ve...
Disneyland Resort agrees deal to raise minimum wage for California staff
Walt Disney Co’s Disneyland Resort announced it has agreed to raise the minimum wage of employees at its...
Chinese overseas acquisitions in 2017 may be larger than thought and they’re set to grow
China’s foreign mergers and acquisitions were widely seen to have slumped in 2017, but some indicators suggest those...
Amazon ‘terrifies me as a company’, says a valuation professor
Amazon continues to break records. On Thursday, the company reported earnings per share of $5.07 compared with $2.50...
Blackstone’s Gray on why the firm is pouring cash into the warehousing business
Blackstone’s Jonathan Gray said the firm’s recent investments in warehousing should prove valuable as more and more consumers...
Kudlow says Friday’s GDP number is going to be ‘big’
White House economic advisor Larry Kudlow predicted that the second-quarter GDP release Friday will live up to the...
US core capital goods orders and shipments surge in June
New orders for key U.S.-made capital goods increased more than expected in June and shipments surged, pointing to...
US jobless claims rebound from a more than 48 1/2-year low
The number of Americans filing for unemployment benefits rose from a more than 48 1/2-year low last week,...
Treasury Secretary Mnuchin says he’s ‘closely monitoring’ the weakening in the Chinese currency
Treasury Secretary Steven Mnuchin told CNBC on Thursday he’s “closely monitoring” the weakening in the Chinese currency. “What...
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