Markets

Where the World’s Most Powerful Meet the World’s Money: World Economic Forum & BlackRock

Covid-19, climate change, and China—the shared focus of the World Economic Forum's "Great Reset" and BlackRock's "economic restart."

S&P, Nasdaq rally to records as investors eye Fed’s Jackson Hole event

WTI crude oil snaps 7-day losing streak rising to the $65 per barrel level

BlackRock Wants Investors to Increase China Exposure, Should You Follow?

BlackRock, the world’s largest investment manager with more than $9 trillion in assets under management, recently made a very contrarian call.

OPEC tells a weak, incompetent US president to drop dead

Last week, we were wondering: What could be more pathetic than the sight of President Joe Biden begging OPEC to increase oil production, just to make up for the U.S. and Canadian oil production that he had gone out of his way to impede from the moment he took office?

An early warning from New York

Manufacturing activity growth decelerated sharply in New York.

Woke Capitalism: Steve Forbes Rebukes American Express over Critical Race Theory Training

Steve Forbes criticized American Express (AmEx) for an internal “anti-racist” program that described capitalism as racist and deployed the common tropes of Critical Race Theory (CRT).

Republicans Tell Democrats to Go It Alone on Debt Ceiling

Forty-six Republican senators issued a stern warning to Democrats that they will not vote for an increase in the debt ceiling, a move that could raise the risk of the U.S. Treasury defaulting on its obligations as soon as next month.

China Won’t Be Taking Over the World

While the US has its problems, future global Chinese supremacy won’t be one. Far from being in a position of overwhelming strength, China and its Communist leadership face imminent multifront domestic crises that will threaten the existence not only of the Chinese Communist Party (CCP) but the existence of the Chinese state as a unified whole.

$1 Trillion Infrastructure Bill Would Add $256 Billion To U.S. Deficit In 10 Years, CBO Estimates

TOPLINE The Congressional Budget Office released a report Thursday estimating the $1 trillion proposal would add $256 billion to the nation's budget deficit over the...

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