“The scale of the economic catastrophe is breathtaking.” (By: Jessica Corbett, Common Dreams) In a development described as “absolutely staggering,” the U.S. Department of Labor announced Thursday that 6.6 million Americans filed unemployment claims last ...
“America may be witnessing just the beginning of the dire situation as economists anticipate the unemployment rate will continue to climb.” US stock markets closed Thursday with their third consecutive day on the rise on ...
“Unpriced risk was the main cause of the Great Recession in 2007-2008.” (By: Jake Johnson, Common Dreams) New research published Monday warns that extreme weather driven by the climate crisis could bring about an economic recession ...
“For most people, these policies will further increase in their cost of living, while their wages remain stagnant.” (By: Eoin Higgins, Common Dreams) On the heels of reports that U.S. household debt hit $14 trillion ...
A two-part documentary on PBS titled America’s Great Divide: From Obama to Trump looks for an answer to the question of how the U.S. got so hyperpolarized. How did the U.S. go from electing its first ...
“The yield curves are all crying timber that a recession is almost a reality, and investors are tripping over themselves to get out of the way.” The U.S. stock market plunged to its worst day ...
America’s current economic situation is not one of financial security or encouraging growth. Below the surface of our 106+ month-long “recovery,” now the second longest on record, is a sense of anxious anarchy in American ...
Is the American economy becoming great again under the Trump administration’s pro-business economic policies, prolonging the extended recovery following the 2007-2009 recession? Are wages finally beginning to inch upward? Is inflation getting out of control? ...
Venezuelan President Nicolas Maduro announced the pre-sale for its Petro cryptocurrency hit $735 million on the first day. The Venezuelan economy has plummeted since 2013 when Nicolas Maduro was elected to replace the beloved dictator, ...
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