Finance

View In: FinanceThe global credit card rivals maintain a strikingly permissive relationship with companies that have been accused of fraud. For one of Mastercard’s top executives, that relationship went even further. A BuzzFeed News investigation.

ZeroHedge News
View In: FinanceThe Cost Of Financialization-Globalization: You Lost $500,000 & Gained $137.13 Authored by Charles Hugh Smith via OfTwoMinds blog, Ponder what a clawback of the $50 trillion might entail, and the immense benefits of returning to producing quality goods and services by completely unwinding financializatio...

The Daily Poster
View In: FinanceA new lawsuit challenges an interest-rate scheme that critics say helped Wall Street loot communities across America.

ZeroHedge News
View In: FinanceVisualizing The State Of Global Debt, By Country Since COVID-19 started its spread around the world in 2020, the global economy has been put to the test with supply chain disruptions, price volatility for commodities, challenges in the job market, and declining income from tourism. The World Bank ha...

The Guardian
View In: FinancePolicymakers fear a labor shortage is pushing up wages and prices. Wrong. Real wages are down and workers are strugglingThe January jobs report from the US labor department is heightening fears that a so-called “tight” labor market is fueling inflation, and therefore the Fed must put on the brakes b...

Popular Resistance
View In: FinanceIn southern Mexico, Itzel Castro sits behind the counter at a small artisanal store tucked along a colorful side street. She welcomes customers as they browse shelves stacked full of food, books and accessories. When the customers check out, Castro offers them change – not in pesos, but in Túmin. Túmi...

Jacobin Magazine
View In: FinanceWhen former president Donald Trump paved the way for his private equity donors to skim fees from Americans’ 401(k) retirement accounts, Joe Biden’s campaign denounced the stealth executive action and promised to oppose such changes if he won the presidency. But less than two years later, Biden’s administratio...

The Daily Poster
View In: FinanceThe Democratic president slammed but now backs a Trump ruling that could help private equity kingpins loot retirees’ savings.

Truth Out
View In: FinanceThe Federal Reserve stokes inequality, says Christopher Leonard, author of the new book “The Lords of Easy Money.”

Popular Resistance
View In: FinanceThe coronavirus pandemic continued to wreak havoc in 2021, with the Omicron and Delta variants, supply chain disruptions, and inflation battering the global working class. In the United States, companies continued to put profits before worker well-being while the Biden administration refused to provid...

ZeroHedge News
View In: FinanceA Strategy To Promote Sound Money: Decentralize The State Authored by Matt Ray via The Mises Institute, For more than a century, an inflationary monetary policy has plagued the United States. Most recently, price inflation has become the most obvious consequence of the Federal Reserve’s actions to th...

Letters from an American
View In: FinanceWhen the Soviet Union collapsed, it was no longer an enemy, and the capitalists could focus their attention on the government.

Surviving Tomorrow
View In: FinanceThis is the roaring twenties and everyone’s playing hot potato with dangerously overpriced assetsContinue reading on Surviving Tomorrow »

Big by Matt Stoller
View In: FinanceYes, Web3 is a bunch of bullshit. The problem is, compared to what?

ZeroHedge News
View In: FinanceThis $1.6 Trillion Market Could Cease To Exist Soon By Bloomberg Markets Live commentators Ye Xie and Amy Li By now, it’s clear that Beijing is greatly discouraging, if not completely forbidding, listings of Chinese tech companies in the U.S. What’s unclear is what Beijing will do with existing Chines...

Grist
View In: FinanceSustainable banks drove a record amount of clean energy investment last year.

ZeroHedge News
View In: FinanceBeijing Capitulates: Urges Local Govts To Unleash Debt Flood As Cities Begin Backstopping Property Developers Despite the best efforts by South African doctors to temper the panic sparked by the emergence of the Omicron strain, it appears that western politicians and their media and “science” lackey...

Big by Matt Stoller
View In: FinanceHow Fed Chair Jay Powell undermines antitrust enforcement.

Truth Out
View In: FinanceThe public banking movement is creating an opening wedge for the transfer of finance from private to public control.