Goldman Sachs Issues Updated Deadline For US Default
Goldman Sachs economists are warning that their calculations show the United States may cease to be able to pay its obligations as soon as June 9th. In an interview with…
Dollar’s Share Of Global Reserves Lowest In 28 Years
The latest data from the International Monetary Fund shows the rate at which nations are diversifying away from the use of the US dollar in international trade settlement is accelerating.…
Memorial Day Gas Prices Hold Steady
As we head into the Memorial Day weekend, gas prices are holding steady. As of May 22, the nationwide average cost for a gallon of gasoline stands at $3.65, marking…
Neuralink Gets FDA Approval To Test In Humans
On Thursday, Elon Musk’s brain-implant research company, Neuralink, announced it has received approval from the US Food and Drug Administration (FDA) to conduct human trials. The company hopes to one…
Yellen Extends Debt Deadline
In a letter to lawmakers on Friday, Treasury Secretary Janet Yellen extended the predicted deadline when the US would begin to default on its obligations, as Joe Biden and Republican…
Putin Calls For Eurasian Countries To Establish Own Rating System
Photo of Russian President Vladimir Putin courtesy of www.kremlin.ru Russian President Vladimir Putin has called on the Eurasian Economic Union (EEU) member states to establish a rating agency which…
Manufacturing Slows In The Eurozone
A new study by S&P Global shows that manufacturing activity throughout the Eurozone has fallen at the fastest pace since the depths of the pandemic, as a gap between the…
Oil Holds Steady As Russia Predicts OPEC+ Holds Position
As investors kept a wary eye on US debt ceiling talks, and Russia suggested that it was unlikely OPEC+ would change production levels at its next meeting, oil held steady…
Netflix Password Sharing Crackdown Hits The US
Netflix’s (NFLX) has begun its password sharing crackdown in the US. The company broke the news in a blog post in which it revealed it would also be performing the…
In DC, A Slimmed-Down Budget Deal Draws Nearer
Yahoo Finance is reporting that a deal on the US debt ceiling is drawing near, with US President Joe Biden and Republican House Speaker Kevin McCarthy reportedly only $70 billion…
