Crisis

Billionaire entrepreneur Mark Cuban once shed light on the challenges of raising children amidst substantial wealth. He emphasized the significance of individual success and self-reliance. What Happened: Cuban, who boasts an estimated net worth of $5.7 billion, voiced his...

Puerto Rico’s Governor Pedro Pierluisi Urrutia made an argument in favor of decriminalizing the consumption of all controlled substances ostensibly to address the fentanyl crisis. “I have said since the 90s that drug users should not be imprisoned, except when it’s a repeat...

Warnings from China’s state-owned property developers have sent ripples of concern throughout global markets, raising fears that the housing crisis is no longer confined to the private sector but is spreading to government-backed companies as well. Amid China’s persistent housing slump...

Zhongzhi Enterprise Group Co., a major player in China’s private wealth management sector, missed payments on several high-yield investment products. The news raises concerns about the stability of China’s shadow banking industry. The iShares China Large-Cap ETF (NYSE:FXI), which gives...

Commercial real estate transaction volumes are falling sharply in many parts of the world, prompting fears that the U.S. office market will soon experience the same fate. Bloomberg reported Wednesday that deal volumes in Germany’s commercial real estate market dropped by 50%, to €14.9 billion...

President Joe Biden addressed the debt ceiling crisis on Wednesday, stating that Republicans are "holding the economy hostage," by threatening a default on U.S. debt.  They want "huge cuts to important programs for millions of working middle-class Americans," and...

After reportedly freezing any new hiring and leaving vacancies unfilled, Meta Platforms Inc (NASDAQ: META) has decided to cut back on its planned office expansion in New York.  According to a media report, Meta has decided not to take the additional 300,000 square feet of space at 770...

A Gadsden flag hung out of a Southwest Airlines 737 cockpit. Photo via American Greatness.  A Market Buffeted By Bad News The apparent work slowdown at Southwest Airlines, Co. (NYSE: LUV), snarling air travel last weekend, is the latest bit of bad news to hit the economy and...

Many people in 2020 were on the receiving end of sweeping layoffs in response to the Covid-19 pandemic lockdowns. The pandemic was slowly bringing the entire planet to a standstill. It was as if the gas ran out in the tanks of every single car on a freeway, and people got out of their car...

This article was originally published on Hoban Law Group, and appears here with permission. With the COVID-19 pandemic still front and center, the long-term impact of this virus on the broader economy and the cannabis industry remains highly uncertain. That said, cannabis is now “...

This article was originally published on Nisonco, and appears here with permission. “Closed until further notice,” read a sign in my town – a local restaurant. Although it’s clear that the spread of COVID-19 has companies in dire straits and scared for the future, I was...

Traders that have followed the crowd's "consensus" view on what was supposed to happen this year have likely not been having a good year. This is the second consecutive year in which the self-proclaimed masters of the universe have gotten it wrong - very wrong. At the beginning...

The situation in the Ukraine was overlooked by investors last week as the S&P 500 was able to continue its bull market and finished at a new all-time high. The news over the weekend that Russia will use military force has changed the landscape of the way investors view the unrest in the...

One constant in investing is, the game is always changing. One minute the focus is on Europe. The next it's on an earthquake in Japan, then the Fed, unrest in the Middle East, the economy, QE, earnings, commodity prices, inflation/deflation, the state of the economy, emerging markets --...

Overnight Monday, China injected liquidity into the banking system, to help stem the tide on their cash crunch. India raised rates. Nothing bad happened in Argentina. Then after the close on Tuesday, Turkey raised rates from 7.75 percent to 12.0 percent to defend the lira. As a result, the...