Dow Erases 600-Point Plunge But Macro Risks Threaten US Economy

Dow Erases 600-Point Plunge But Macro Risks Threaten US Economy

The Dow Jones roared back to erase a vicious 600-point plunge, but macro risks continue to threaten the US economy. | Source: REUTERS / Brendan McDermid The Dow and broader U.S. stock market executed a mammoth afternoon recovery on Wednesday to erase steep morning losses, even as global bond yields continued to unravel.Dow Pares Losses;…

Google Searches Show that America Has a Robust Economy, Research Says

Google Searches Show that America Has a Robust Economy, Research Says

TwitterFacebookLinkedIn According to a recent study, Google searches show that America is not going into a recession any time soon. Image from Shutterstock. A study by DataTrek Research compared the evolution of specific searches on Google associated with periods of stagnation and economic recession, concluding that North Americans manifest behaviors typical of a robust economy.Google…

Bernie Sanders’ Wall St. Tax to Fund College Tuition Would Kill Economy

Bernie Sanders’ Wall St. Tax to Fund College Tuition Would Kill Economy

TweetShareBy CCN: Bernie Sanders is looking to spread good cheer throughout the U.S. He is offering up another idea that would allegedly alleviate millions of residents of their crippling student loans. Unfortunately, the White House hopeful has been slow in explaining how he plans to fund it.In a recent tweet, Sanders expresses his disappointment regarding…

Dow Targets Record High as Jobs Report Confirms Surging Trump Economy

Dow Targets Record High as Jobs Report Confirms Surging Trump Economy

TweetShareBy CCN.com: The Dow and broader U.S. stock market opened higher on Wednesday after a blowout jobs report pointed to a robust economy at the start of the second quarter.Dow Set to Join S&P 500 in Record TerritoryAll of Wall Street’s major indexes opened higher, reflecting a strong pre-market for Dow futures. The Dow Jones…

Strong Dow Recovery Shouldn’t Surprise with Robust U.S. Economy

Strong Dow Recovery Shouldn’t Surprise with Robust U.S. Economy

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Coinbase CEO: Crypto Will Disrupt the Fringes of the Economy First

Coinbase CEO: Crypto Will Disrupt the Fringes of the Economy First

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WTF: WowAir Tailspin Threatens to Tank Iceland’s Economy

WTF: WowAir Tailspin Threatens to Tank Iceland’s Economy

TweetShareWow Air, a budget airline launched in 2012, targeted younger travel audiences with ultra-cheap airfare with minimal additions. The company struggled for the last two years, hemorrhaging nearly $45 million between July 2017 and June 2018. Now, their bankruptcy threatens to ripple through Iceland’s entire economy.Wow Air Bankruptcy Could Cripple Iceland’s GDP, Tank KronaAccording to…

Dow Struggles as US Stock Market Wrestles with Cooling Trump Economy

Dow Struggles as US Stock Market Wrestles with Cooling Trump Economy

TweetShareThe Dow and wider U.S. stock market struggled for direction Thursday after talks between President Donald Trump and North Korea’s Kim Jong Un ended abruptly, raising the specter of a new confrontation with the hermit kingdom. Better than expected GDP data failed to stoke investor optimism after it became apparent that economic growth had slowed…

China & India are Surpassing US’ Economy By 2030

China & India are Surpassing US’ Economy By 2030

The United States will fall to a third place in the ranking of the largest economies in the world. China and India will overtake the U.S. by 2030, and it is unlikely that we will ever get the throne back. UK based financial services giant Standard Chartered Plc. predicted in its annual ranking of the…