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Europe Looks to I.M.F. Again for Help in Euro Crisis

Europe Looks to I.M.F. Again for Help in Euro Crisis | EconMatters | Scoop.it
The fund lacks the resources to create a “firewall” to prevent contagion, but could help ensure budgetary restraint through fiscal monitors, and channel additional financing.
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Austin bombings suspect identified: Mark Anthony Conditt 

Austin bombings suspect identified: Mark Anthony Conditt  | EconMatters | Scoop.it
Police say Anthony Conditt, a 23-year-old white male, blew himself up inside his car near the Texas capital, Austin.
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Outcry Over Dead Dog Intensifies Pressure on United CEO - Bloomberg

Outcry Over Dead Dog Intensifies Pressure on United CEO - Bloomberg | EconMatters | Scoop.it
United Airlines has managed a feat to which no company aspires -- outraging the world twice in less than a year. The death of a puppy in an overhead bin this week raises anew the question of whether the carrier’s CEO can hang onto his job.
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US dollar drops on Trump's ouster of Sec. Tillerson

US dollar drops on Trump's ouster of Sec. Tillerson | EconMatters | Scoop.it
The United States Dollar Index fell immediately after the President Donald Trump's decision to replace Secretary of State Rex Tillerson was announced.
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Amazon Is On Track to Be a $1 Trillion Company by 2022, Jefferies Says 

Amazon Is On Track to Be a $1 Trillion Company by 2022, Jefferies Says  | EconMatters | Scoop.it
The world’s largest online retailer could grow almost a third bigger in the next four years.
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#Taiwan Lawmakers warn not to be 'overly optimistic' about Taiwan Travel Act 

#Taiwan Lawmakers warn not to be 'overly optimistic' about Taiwan Travel Act  | EconMatters | Scoop.it
The passage of the Taiwan Travel Act could serve as another card in its negotiation strategy
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US crude oil output hit an all-time high in November, new data show

US crude oil output hit an all-time high in November, new data show | EconMatters | Scoop.it
U.S. oil production surged to an all-time high above 10 million barrels a day in November.
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Summers Warns Next U.S. Recession Could Outlast Previous One

Summers Warns Next U.S. Recession Could Outlast Previous One | EconMatters | Scoop.it
The next U.S. recession could drag on longer than the last one that stretched 18 months. That’s the assessment of former Treasury Secretary Larry Summers.
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Barclays' female employees get paid half as much as males

Barclays' female employees get paid half as much as males | EconMatters | Scoop.it
The data was released under new U.K. regulations meant to highlight pay disparity.
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Taiwan ranks 29th least corrupt on global corruption index 

Taiwan ranks 29th least corrupt on global corruption index  | EconMatters | Scoop.it
Taipei, Feb. 22 (CNA) Taiwan ranked 29th on Transparency International's 2017 Corruption Perception Index, up two spots from its 2016 ranking with a score of 63, marking a six-year high.
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Florida Shooting: Nikolas Cruz Is Charged With 17 Counts of Murder 

Florida Shooting: Nikolas Cruz Is Charged With 17 Counts of Murder  | EconMatters | Scoop.it
The alleged gunman, a former student who had been expelled, was arrested a few miles from the campus.
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Cryptocurrencies Are Like Ponzi Schemes, World Bank Chief Says 

Cryptocurrencies Are Like Ponzi Schemes, World Bank Chief Says  | EconMatters | Scoop.it
The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin.
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Trump speechwriter quits over abuse allegations

Trump speechwriter quits over abuse allegations | EconMatters | Scoop.it
David Sorensen, a speechwriter who worked closely with top Trump advisor Stephen Miller, resigned Friday.
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One strange thing about this market correction that is similar to 1987

One strange thing about this market correction that is similar to 1987 | EconMatters | Scoop.it
David Rosenberg says a rise in the 10-year Treasury yield during a stock market decline is very rare.
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China Leaving West Behind in Race for Electric-Car Raw Materials 

China Leaving West Behind in Race for Electric-Car Raw Materials  | EconMatters | Scoop.it
China is first out of the blocks in the global race to secure raw material supplies critical for the batteries that will power the electric vehicles of the future.
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Bitcoin falls below $9,000 after Google bans cryptocurrency ads

Bitcoin falls below $9,000 after Google bans cryptocurrency ads | EconMatters | Scoop.it
Bitcoin prices dropped Wednesday following news that the world's largest online ad provider Google plans to ban cryptocurrency advertising.
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Trump fires Tillerson, picks CIA Director Pompeo as secretary of State

Trump fires Tillerson, picks CIA Director Pompeo as secretary of State | EconMatters | Scoop.it
Secretary of State Rex Tillerson is out, ending a tumultuous tenure as America's top diplomat.
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2nd generation Taiwanese American announces run for U.S. presidency

2nd generation Taiwanese American announces run for U.S. presidency | EconMatters | Scoop.it
Second-generation Taiwanese American entrepreneur Andrew Yang announces he will run for U.S. presidency in 2020.A New York-born second-generation Taiwanese American entrepreneur has announced a plan to vie for the U.S. presidency in 2020. To that end, Andrew Yang will compete with former U.S. President Joe Biden, New York State governor Andrew Cuomo, American actor Dwayne Johnson, and possible Oprah Winfrey, at Democratic Party presidential primaries in 2020. 
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US Senate passes Taiwan travel bill slammed by China

US Senate passes Taiwan travel bill slammed by China | EconMatters | Scoop.it
Legislation aimed at forging closer ties between the US and Taiwan, which China says is a breakaway Chinese province
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Banks raise oil price targets on strong demand and OPEC output cuts

Banks raise oil price targets on strong demand and OPEC output cuts | EconMatters | Scoop.it
Big investment banks are raising their price targets on oil as crude futures hit levels not seen since the early days of a slump in December 2014.
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Powell Says Strong Outlook to Prod Fed to Review Rate-Hike Path

Powell Says Strong Outlook to Prod Fed to Review Rate-Hike Path | EconMatters | Scoop.it
Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged strengthening economic growth and inflation may prompt policy makers to rethink their plan for three hikes.
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Hungry Venezuelan Workers Are Collapsing. So Is the Oil Industry

Hungry Venezuelan Workers Are Collapsing. So Is the Oil Industry | EconMatters | Scoop.it
Starving employees are growing too weak for heavy labor, hobbling the refineries that keep the economy running.
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Priceline Changes Its Name to Booking, Reflecting Key Revenue Source 

Priceline Changes Its Name to Booking, Reflecting Key Revenue Source  | EconMatters | Scoop.it
Priceline Group Inc. is changing its name to Booking Holdings, more in line with its global presence and a recognition that the vast majority of the company’s revenue comes from Amsterdam-based unit Booking.com.
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Disgraced ex-South Korean leader Park’s secret confidante Choi Soon-sil jailed for 20 years

Disgraced ex-South Korean leader Park’s secret confidante Choi Soon-sil jailed for 20 years | EconMatters | Scoop.it
The ruling may give hints about the penalty that the former president could face if she is convicted on more than a dozen related charges
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Goldman and Bridgewater see a bigger market shakeout coming

Goldman and Bridgewater see a bigger market shakeout coming | EconMatters | Scoop.it
The world's biggest hedge fund has warned that global markets are entering a new era of volatility.
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Oil falls below $60 for first time in 2018, on pace for big weekly drop

Oil falls below $60 for first time in 2018, on pace for big weekly drop | EconMatters | Scoop.it
U.S. crude fell below $60 a barrel for the first time this year on rising production, a strong dollar and a broad financial market sell-off.
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