Ambitious investors with too much cash and too few opportunities in low-risk investment vehicles are finding an eager welcome in the junk bond market.
Tag: Economy
Post
OPEC+ COMPLETES RESTORATION OF PRODUCTION CUTS
At its 3 August meeting, the Organization of Petroleum Exporting Countries and its allies (OPEC+) voted to add 547,000 barrels of oil a day, beginning next month, to the already well-stocked global oil supply.
Post
IMF RAISES GLOBAL GROWTH OUTLOOK ON WEAK DOLLAR
The International Monetary Fund (IMF) has boosted its forecast for the world economy’s growth this year to 3 percent and to 3.1 percent in 2026.
Post
DESPITE RECORD PRICES, DEMAND FOR GOLD IS STILL CLIMBING
Geopolitical strife, trade war turmoil, and the U.S. dollar’s loss of cachet as a safe haven keeps investors clamoring for gold despite the metal’s recent series of record-high prices.
Post
SPOTLIGHT: BIGS GETTING BIGGER
After a year of regulatory review—and after a change in presidential administrations—the three-member U.S. Federal Communications Commission (FCC) has approved Skydance Media’s $8-billion acquisition of Paramount Global.
Post
SPECIAL REPORT: TRUMP’S TARIFF WAR
The U.S. treasury has raked in an additional $55 billion so far in Donald Trump’s tariff war and most of it has come out of Corporate America’s pocket, The Wall Street Journal reported.
Post
SPECIAL REPORT: TRUMP CALLS FOR MAJOR U.S. PUSH IN ARTIFICIAL INTELLIGENCE
On 23 July, Donald Trump signed three executive orders calling for the accelerated expansion of the U.S.’s artificial intelligence (AI) industry and announced an “AI Action Plan.”
Post
SPECIAL REPORT: TRUMP’S TARIFF WAR
U.S. government revenue from import fees reached a record $64 billion in this year’s second quarter, compared to just $17 billion during the same period in 2024, the treasury department reported.
Post
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Forty-two percent of U.S. businesses operating in China are being impacted by overcapacity as China’s domestic economy continues to deflate amid ongoing price wars, a survey by the U.S.-China Business Council found.
Post
SPECIAL REPORT: STABLECOINS ARE TAKING CRYPTO MAINSTREAM
On 17 July, the U.S. House of Representatives passed the first federal legislation governing stablecoins, legitimizing their broad use in finance and commerce. The 308-to-122 vote was broadly bipartisan.