News Story of the Day: China is dumping a lot of its United States Treasury holdings, which causing many to be worried about the potential threats to the national debt. The Chinese government is doing this in an effort to raise cash to help support its fledgling markets. Now there are some concerned about China’s […]
Archives for September 2015
Video: Bill O’Reilly’s hostile interview with Donald Trump
Does Bill O’Reilly not like Donald Trump? The GOP frontrunner spoke with Fox News’s Bill O’Reilly on Tuesday and discussed an array of issues, everything from the Syrian migrant crisis to the Black Lives Matter. This may have been the first time since Trump announced his candidacy that a host or reporter became hostile with […]
Jim Rogers warns U.S. ‘will lose’ from anti-Russia sanctions
It has already been one year since Western countries applied a second wave of sanctions against Russia which targeted the country’s biggest banks, defense and oil companies in addition to high-level officials. These sanctions have also led to Russian companies being unable to access capital markets across Europe. One billionaire investor believes this will not […]
With U.S. student loan debt growing $3,055 per second, grads would sell an organ to pay off debt
As of July 2015, the student loan debt total in the United States stands at $1.3 trillion, and that number is growing exponentially. In fact, according to the Federal Reserve, student loan debt is going up $3,055 every second. Today, around 40 million Americans have some kind of student loans, while 70 percent of students […]
David Stockman to Federal Reserve: Raise interest rates next week
We will soon find out if the Federal Reserve will raise interest rates for the first time in nearly a decade or if it will delay it once again until next year. The United States central bank has sent out mixed messages about its intentions this summer, while many on the outside are split over […]