>"Rolling coverage of the latest economic and financial news"

>"The U.S. trade deficit widened to $80.2 billion in November, close to a record high, due to strong demand and an easing of supply-chain issues."

"The country's system of national reserves makes zero sense"

"China’s Guangdong province announced nine policies aimed at jump-starting spending in commercial districts as well as boost dining and tourism, which includes a Hong Kong-style consumption voucher scheme."

"Surging prices, a labor shortage and a gummed-up supply chain are making Americans uneasy."

>"The latest inflation reading shows that price gains are picking up steam."

"From customer review platforms like Yelp and Ziosk to the ratings prompts built into gig-work apps like Uber and DoorDash, consumers are increasingly encouraged to monitor and assess workers. That’s free managerial labor for capitalists."

"Microeconomics analyzes how individuals and businesses behave as they try to get the most they can for as little money as possible."

"Spending cooled notably in the seven days ending."

For the first time in half a century, 2020 will see the global consumer class shrink. If IMF predictions of a strong recovery in 2021 materialize, the economic rebound will depend on containment of COVID-19, policy response, and long-term _...Read More_

Agreed, this guy has a future. Dont agree with all his social policy but hes super smart, forward thinking and not scared of change