Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek oikos (house) and nomos (custom or law).
The past week’s stock market slide has wiped $2.6 trillion off the value of global equity. The S&P 500 lost more than 5 percent in […]
According to the latest Ministry of Finance data, total debts among China’s state-owned firms amounted to $16.36 trillion by the end of July (64.9 percent […]
Last year Europe’s ‘shadow banking’ sector shrunk for the first time after more than a decade of often rapid growth. Assets dipped 0.1 percent to […]
During the second quarter 2018 US-CEOs authorized $436.6 billion of stock buybacks, topping again the record set in 2007. Apple alone announced plans last quarter […]
The world’s four biggest central banks (FED, ECB, BoJ, BoE) have pumped around $13 trillion into the global economy since the crisis year of 2009. […]
In the US, there are more than 163 million cats and dogs. Americans own the most pets in the world and spend about $72,13 bn […]
Apple Inc. became the first $1 trillion publicly listed U.S. Company in history. On August, 2nd the tech company’s stock jumped 2.9 percent to end […]
Facebook Inc. just had the biggest stock-market wipeout in American history. After a disappointing second-quarter earnings report Facebook lost $119.4 billion in market capitalization in […]
Early this week, the International Monetary Fund (IMF) warned that Venezuela’s inflation could top 1 million percent this year. In March, President Nicola Maduro announced […]
Investors are nervous about signs, that a US-Recession is coming. The world’s biggest economy seems healthy by many measures: low unemployment, strong exports, a resilient […]
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