El Salvador Has Just Started Mining Bitcoin Using The Energy From Volcanoes

El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano, in a first for the country.

Investment Strategies for the Top Four Stages of the Economic Cycle

If you want to thrive in your enterprise economy in the industry then you need to understand the top four stages of the economic cycle. Our economy will go through different stages of the economic cycle, where different types of investments will do better or worse.  This will help you understand the situation and do […]

Growth? Value? Some Investors Opt for a Bit of Both

Some investors are playing this year’s tug of war between so-called growth and value stocks by owning companies that straddle the line between the two categories, as uncertainties mount over the U.S. economy’s trajectory in the months ahead. Value stocks, which trade at comparatively cheap multiples of their fundamentals, surged in early 2021 as hopes […]

Warnings of Economic Catastrophe Come As Congress Prepares To Debate Debt Ceiling

President Joe Biden’s top aides and local officials nationwide pleaded with U.S. lawmakers on Friday to resolve a government debt showdown that they warned could spark an economic crisis. Congress plans next week to consider legislation that would avoid a default ahead of an October deadline when the Treasury Department estimates it will no longer […]

U.S. Speaker Pelosi: Capitalism Has Not Served Our Economy As Well as It Could

Capitalism has not served the U.S. economy as well as it could have, U.S. House of Representatives Speaker Nancy Pelosi said on Friday, saying that the system needed to be improved. “In America, capitalism is our system, it is our economic system, but it has not served our economy as well as it should,” she […]

The US Economy Is Powering Through Delta

That was the take from Ian Shepherdson, chief economist at Pantheon Macroeconomics, after seeing the data on US retail sales for August. What’s happening: Contrary to expectations, US retail sales increased last month as consumers continued to shell out on clothing, furniture, and groceries. It’s a promising sign heading into the crucial holiday shopping season […]

Delta Darkens U.S. Q3 Growth Views, Fed Taper Announcement Expected in Nov: Reuters Poll

The U.S. economic rebound has been dented in Q3, partly on the spread of the Delta coronavirus variant, with economists in a Reuters poll also pushing their expectations back to November for when the Federal Reserve announces an impending policy shift. Like in most countries, the U.S. economy is facing global supply chain disruptions due […]

US Federal Reserve Reviews Ethics Rules After Trading Revelations

The United States Federal Reserve is reviewing the ethics policies that govern the financial holdings and activities of its senior officials in the wake of recent disclosures that two regional Fed presidents engaged in extensive trading last year. Robert Kaplan, president of the Dallas Federal Reserve Bank, in 2020 traded millions of dollars of stock […]