How eight tumultuous years pushed Jerome Powell and the Fed to the limit

For the last few years, Jerome Powell would walk past a portrait of Arthur Burns on his way to his office, addressing him ...
CounterPunch

The Abundance Paradigm: Why AI Forces a Rethinking of Money Itself

A Universal Basic Income (UBI) has long been proposed as a way to cushion the blow of jobs lost to automation. Under that model, everyone receives a ...
CEOWORLD magazine

America’s Economy Grows Four Times Faster Than EU—Here’s What Changed

America’s economy jumped 2% in the first quarter of 2026—quadruple the eurozone’s anemic 0.1% crawl and nearly double ...

Inside China’s housing collapse as prices reach their lowest level in 20 years - and what it means for Australia

Chinese house prices have crashed to their lowest level in 20 years, with homeowners who bought in 2005 now in the red as a debt crisis and oversupply wreak havoc on the market.

Cathie Wood says Wall Street has it backwards—inflation will 'surprise' lower

ARK Invest CEO Cathie Wood asserts that Wall Street's stagflation fears are fundamentally misguided, predicting that ...
Business Insider

Top economist Gary Shilling says a recession and a deep stock-market plunge are likely by year-end

Gary Shilling is predicting a recession and a steeep stock plunge by year's end. The top economist said a downturn was almost inevitable, as consumer spending is likely to decline. He sees the S&P 500 ...
MarketWatch

A recession will be hard to avoid if oil prices stay elevated for even a few more weeks, says Moody’s

The outlook for the U.S. economy will continue to darken as long as the Strait of Hormuz remains effectively closed to oil-tanker traffic, even though the U.S. now produces about as much oil and ...
Forbes

The Deflation Hoax: How Economists Got Inflation Wrong And Why It’s Not Over

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. A long time ago, I was pitching a VC, and he said my project was orthogonal to another of ...
CNBC

Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 12%

"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," Whirlpool said. The comments underscored how sharply higher fuel ...
Forbes

How The Iran War Could Trigger A Global Recession Hitting The U.S.

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Long-term closure of the Strait of Hormuz would trigger a worldwide recession, which would ...

Gold and silver sink as 30-year Treasury yield spikes to highest in nearly 19 years

Gold futures fell to their lowest since March as persistent concerns over inflation kept interest rate hike expectations and ...
Marketplace

How the K-shaped economy explains why it feels like we are in a recession

Inflation rose quickly during the early years of the pandemic, and many Americans are struggling with their finances. Even though we’re not in a recession, it feels that way for a majority of the ...