The Dow Jones fell over 900 points just after opening bell on Nov. 26, with other major Wall Street stock indexes—and risk assets more generally—also seeing sell-offs as news of a new COVID-19 variant spreading in South Africa seems to have sparked a broader risk-off sentiment among investors.
Economist Ernst Wolff believes that a hidden alliance of political and corporate leaders is exploiting the pandemic with the aim of crashing national economies and introducing a global digital currency.
Slapped on a gas pump next to the digital meter display, the stickers tell a simple, powerful story: Today’s gasoline prices, the highest in years, are courtesy of the commander in chief.
The US Department of Interior is creating a new task force to identify federal lands that contain slurs or derogatory terms and rename them, mirroring changes already made by sports franchises and private businesses in recent years.
Central banks have not merely inflated the bejesus out of assets prices. They have also caused the very foundations of financial markets to metastasize, yielding an endless array of new products that have no real economic function except to facilitate new forms of pure wagering.
Joe Biden's son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries for electric vehicles.