"economy"

Inflation, or the debasement of the currency, is not new. Political elites and ruling institutions all throughout history have been guilty of this mass-scale pick-pocketing of the people. Our current-day …

Venezuela’s government-run oil company, PDVSA, is falling behind on its debt payments. On Friday it will have to pay its creditors $985 million, and less than a week later it …

Cars are increasingly becoming less mechanical and more electronic. Twenty years ago, many cars still had throttle cables that connected the accelerator pedal to the throttle. Nowadays the accelerator pedal …

Cryptocurrencies such as Bitcoin and Ethereum have been both lauded and criticized recently. However, the one thing everyone can agree on is that the technology behind these cryptocurrencies, called “blockchain,” …

Russia will likely move forward to oversee the issuance and circulation of cryptocurrencies in the country after President Vladimir Putin made the decision during a meeting with top officials earlier …

It seems every time a new Congress or president comes to Washington, DC, politically valuable special interests amp up their ceaseless clamoring for more favors from the ever-expanding government, usually …

In another sign of an impending burst of the bubble economy, the International Monetary Fund (IMF) has warned of an increasing amount of financial leverage outside the banking system. Total …

American household worth rose $1.698 trillion to another new record of $96.196 trillion in the second quarter, thanks to booming stock market valuations and re-inflated housing prices, according to a …

With an unemployment rate around 4%, it seems that the current economy has enough work to keep America busy for now. But will it last? Between constantly improving robots, artificial …

Two analysts at the Bank of International Settlements intriguingly suggested in a new white paper that central banks could find their own digital alternative to cash helpful. “New cryptocurrencies are …