by Mac Slavo | Jul 3, 2019 | Headline News
The trade deficit has widened yet again in the aftermath of the trade war. The gap increase was due, in part, to the increase in automobile imports from Mexico and other countries. The U.S. trade deficit rose to $55.5 billion in May from $51.2 billion in April. It is...
by Mac Slavo | Jun 28, 2019 | Commodities, Headline News
The United States’ agricultural secretary said that American farmers are the casualties in the trade war with China. “You can’t pay the bills with patriotism,” Sonny Perdue said of the struggles facing farmers stuck in the crossfire of tariffs....
by Mac Slavo | Jun 27, 2019 | Conspiracy Fact and Theory, Headline News
According to the Associated Press and Reuters, both of which have published an expose about a cyberespionage campaign that might have its origins in Beijing, hackers turned a telecom giant into a “global spy system.” Cybereason Chief Executive Lior Div...
by Mac Slavo | Jun 25, 2019 | Forecasting, Headline News
UBS said on Monday that the world’s economy is on the razor’s edge of a recession, meaning the Federal Reserve could cut interest rates soon. Central banks tend to ease monetary policy when there’s a looming threat to economic stability, but it might...
by Mac Slavo | Jun 24, 2019 | Headline News
Businesses in the United States are having a harder time in the real world than the stock market indicates, says CNBC’s market expert Jim Cramer. “The real world is much worse than the stock market indicates,” Cramer said on Squawk Box. Cramer stated...
