Financial Crisis

Aug 20, 2019

White House insists 'fundamentals' of US economy are strong

With eyes on 2020, the White House insists the 'fundamentals' of the US economy are very strong


Aug 19, 2019

Japan's exports fell in July for 8th straight month

Japan's exports fell for the 8th straight month in July as worries continued about President Donald Trump's trade policies denting Asian economic growth


Aug 17, 2019

Signs of recession worry Trump ahead of 2020

President Donald Trump has been warning of an economic crash if he loses reelection, but recession may be coming before that.


Aug 15, 2019

Global stocks lower after US falls on recession fear

Global stock markets mostly lower after Wall Street falls on recession fears


Aug 14, 2019

Treasury yields invert, warning of possible recession

An economic alarm bell sounds in the U.S., sending warnings of a potential recession


Aug 7, 2019

Stocks slide as rate cuts stoke fear of an economic slowdown

U.S. stocks slide as central banks around the world cut rates and stoke fear that the U.S.-China trade war will damage global economic growth.


Aug 1, 2019

Powell Fed raises as many questions as answers with rate cut

Fed cuts its key short-term rate in its first such move in more than decade


Jul 31, 2019

Global shares mixed as markets await US Fed rate decision

Global shares are mostly lower as investors looked cautiously ahead to U.S. Federal Reserve decision


Jul 30, 2019

German court upholds EU-level banking watchdog

Germany's constitutional court has upheld a new system of bank supervision at the European level aimed at preventing financial crises and expensive taxpayer bailouts


Jul 25, 2019

Puerto Rico's governor to quit Aug. 2 in face of protests

Puerto Rico Gov. Ricardo Rosselló has announced he will resign Aug. 2, conceding power after nearly two weeks of furious protests and political upheaval touched off by a leak of crude and insulting chat messages between him and his top advisers



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.