Economy


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‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible

The Hedge Fund legend says in a new interview the Federal Reserve’s policies have created a massive asset bubble while making both inflation and deflation more likely.

(Neilson Barnard/Getty Images)

Політика

Banks Are Toast but Crypto Has Lost Its Soul

In becoming a high-risk, high-yield playground for dollar investors, the cryptocurrency world sold out, says our columnist.

(Oli Scarff/Getty Images)

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First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report

Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk.

There's now a credit-default swap contract on Tether, allowing traders to bet on the credit risk inherent in the dollar-linked stablecoin. (Thomas Rowlandson/Metropolitan Museum of Art, modified by CoinDesk)

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People Aren’t Buying the ‘Great American Recovery’ Narrative

Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.

(Luke Stackpoole/Unsplash)

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‘It Sure Doesn’t Feel Like the Greatest Economy of All Time,’ Feat. George Gammon

The host of the rapidly growing Rebel Capitalist podcast joins to talk macro, inflation and the almighty battle for ideas.

(Fran Hogan/Unsplash)

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Welcome to the Groundhog Day Economy (PS, It Sucks)

As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again.

(Danny Wage/Unsplash)

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6 Things Jobless Claims Tell Us About the State of the Real Economy

Persistent unemployment and fears of further layoffs are the real economic counterpoint to the financial market’s unbridled enthusiasm.

(studiostoks/Shutterstock)

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Why Debt Can’t Buy More Growth, Feat. Jeff Booth

A conversation with the “Price of Tomorrow” author on the key structural challenge looming over the global economy.

Credit: Gwoeii/Shutterstock.com

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Bitcoin Jumps 12% as Fed Keeps Money Flowing and US Economy Shrinks

"It's clear that the effects on the economy are severe," said Federal Reserve Chair Jerome Powell. "We won't run out of money. It's an unlimited pot."

Federal Reserve Chair Jerome Powell conducts the 107-year-old central bank's first-ever remote video press conference.

Фінанси

US Treasury Approves Square as Coronavirus Stimulus Lender

Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.

Twitter CEO Jack Dorsey