Money & The Economy

Neiman Marcus To File For Bankruptcy As Lockdowns Hammer Department Stores: Report

Neiman Marcus is seeking bankruptcy protection as government officials continue locking down their economies to prevent the spread of the…

6 years ago

Trump’s EPA Deals Blow Against Obama’s War On Coal

The Environmental Protection Agency neutralized one of the legal justifications former President Barack Obama used to craft a regulation that…

6 years ago

‘Uncharted Territory’: Energy Analysts Worry Oil Prices Could Fall Below Zero, Forcing Producers To Radical Measures

Analysts worry Saudi Arabia, Russia and other oil-producing nations’ deal curbing oil production might not prevent crude prices from falling…

6 years ago

2 Million Americans Missing Mortgage Payments As Coronavirus Shutdown Takes Its Toll

Roughly 2 million homeowners in the United States have chosen to skip their monthly mortgage payment as the coronavirus pandemic…

6 years ago

Government Agency Makes Changes to Protect Bankruptcy System During Covid-19 Emergency

In response to the COVID-19 pandemic, the Department of Justice’s U.S. Trustee Program (USTP) has taken a number of steps…

6 years ago

JPMorgan Foresees An Apocalyptic Second Quarter, With Unemployment Hitting 20 Percent

JPMorgan economists expect the second quarter to be a bad one, with 25 million jobs lost and a sizable chunk…

6 years ago

Ted Cruz: Russia’s Oil War Is Designed To Bankrupt Small Independent American Energy Companies

Sen. Ted Cruz said Monday night that Russia’s decision to increase oil output amid a pandemic is a full frontal…

6 years ago

One Of The US’s Largest Natural Gas Companies Goes Bankrupt. Here’s Why Russia Is Partially To Blame

One of the largest shale drillers in the country filed for bankruptcy recently as the natural gas industry deals with…

6 years ago

Court Enters Final Judgment in T-Mobile/Sprint Transaction

A federal district court in Washington, D.C., concluded that the settlement reached with the merging parties and Dish Network Corp.…

6 years ago

The Coronavirus Stimulus Bill Is Intended To Save Small Business – But Will It Work?

President Donald Trump on Friday signed a relief package for Americans financially hurting under the coronavirus lockdown, including a stimulus…

6 years ago