Economy News

A new report reveals that 94 U.S. banks are at high risk of facing bank runs from uninsured depositors if they show signs of financial instability.

The Federal Reserve’s balance sheet expanded by $2 billion this week, reaching a total of $7.2 trillion.

In the summer of 1995, NASA set a new space endurance record with a mission of 84 days, a stark contrast to today’s astronauts who may spend eight months in space.

The latest US Consumer Price Index (CPI) report shows July’s inflation rate dropping to 2.9%, just below the expected 3%.

Probably the most important U.S. inflation indicator, the Consumer Price Index (CPI), just came out.

Robert Kiyosaki, entrepreneur, investor and author of the bestselling personal finance book “Rich Dad, Poor Dad”, has issued a stark warning of an impending economic downturn.

The U.S. economy is showing signs of strain as unemployment climbed from 4.1% to 4.3% in July, increasing the number of jobless Americans to around 7.2 million.