Botched Bank Hack

Banks are being hacked and losing hundreds of millions of dollars. One bank hack is making news because, ha ha, Continue reading →

Cryptocurrency For Central Banks

Central banks are considering adopting cryptocurrencies. Bitcoin was developed to be the anti-thesis of a currency under centralized control, but Continue reading →

February US Jobs

The good news: 242,000 Americans found jobs in February. Congratulations doing that in a short month. The bad news: wages Continue reading →

The Ultra-Rich

The net worth of the richest people actually decreased. Actually, as with any generalization, that is true and false. Some Continue reading →

Global Trade Retreats

The total value of everything shipped around the world has fallen to levels similar to prior to the Great Recession Continue reading →

Deflation Worries

Inflation is familiar. For Americans who are old enough, or others who’ve lived in hyper-inflationary countries, fighting inflation makes a Continue reading →

Worldwide Triple Whammy

China’s slump, Europe’s debt, oil’s decline are all happening at the same time. At they continue the depth of their connections Continue reading →

US Jobs Up And Down

There’s good news in the US economy. Unemployment finally dropped below 5%. Ironically, it happened while job growth was less Continue reading →