Central Banks, Financial System and the Creation of Money (and Deficit)
In the market economy, the financial system gives money from the positive savers (i.e. depositors) to the negative savers (i.e. people with shortage of funds which need loans to buy property...
The next financial crisis may come soon – are we all that safe?
Toxic politics in the US and UK mean a competent response to a crash is far from certainAdecade on from the 2008 global financial crisis, policymakers constantly assure us that the system...
Manufacturing slump puts UK economy into reverse as Brexit looms
GDP contracts by 0.4% in December in weakest year for growth since 2012The British economy plunged into reverse in December, with a broad-based slump in economic output completing the weakest year...
Ross says US remains far from a trade deal with China
Commerce Secretary Wilbur Ross said Thursday the U.S. is "miles and miles" from a trade deal with China."Frankly, that shouldn't be too surprising," Ross said in a "Squawk Box" interview. The...
Top Financial Tips for Millennials
Are you a millennial who feels overwhelmed trying to manage your finances? Are you getting the most out of your money? Financial literacy is not often taught in schools and they...
UK economy set for worst year since financial crisis, says Bank of England
Bank cuts growth forecast for 2019 as Brexit worries spread from companies to consumersThe Bank of England has warned the economy is on course for its weakest year since the global...
Cash Isas: canny choices could earn you nearly 2%
There are good rates out there for savers – especially those willing to tie money up for a whileIf you’ve done nothing with your savings in recent years – having...
US average mortgage rates steady; 30-year stays at 4.45 percent
WASHINGTON — U.S. long-term mortgage rates held steady this week for the second straight week, sticking at their lowest levels in nine months after six weeks of decline.Mortgage buyer Freddie Mac...
SEC ‘has’ to investigate Christmas Eve sell-off, says ex-SEC attorney
The market sell-off on Christmas Eve shouldn't be ignored by regulators, a former attorney for the Securities and Exchange Commission told CNBC on Thursday.Dec. 24, 2018, was the worst Christmas Eve...
A Beginner’s Guide To Cryptocurrency Investing
If you want to nail one of America’s current affairs, you might consider investing in the cryptocurrencies, if not anything else. The digital world of crypto could be your Millennial go-to...
