Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com is back with a new report called “Danger of Deep Worldwide Recession in 2025.”

When the world’s most-followed investor doesn’t feel comfortable investing, should the rest of us be worried?

The Federal Reserve is now entering a monetary easing and rate cutting cycle in an environment of elevated inflation.

Even before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the International Monetary Fund to tighten their belts.

2024 was the year when the runaway US budget deficit was supposed to gradually normalize, and after two crisis-years, the US was supposed to end its drunken sailor spending ways. And for a while there, it seemed touch and go, with the cumulative US deficit initially overtaking 2023 - forget about the batshit insane 2021 and 2022 when the deficit hit a mindboglilng 18% of GDP...

BitcoinBitcoin -1% and crypto prices have surged this year as the U.S. dollar index falls to year-to-date lows (with the Coinbase chief executive last week revealing an AI game-changer).

U.S. stocks fell sharply on Monday as part of a global market sell-off centered around U.S. recession fears. Japan’s Nikkei 225
plunged 12% in its worst day since the 1987 Black Monday crash for Wall Street.

Last October, when the wounds from the March 2023 bank failures - which surpassed the global financial crisis in total assets and which sparked the latest Fed intervention, setting the market's nadir over the past 16 months - were still fresh, we made a non-consensus prediction: we said that since the Fed has once again backstopped the US financial system, "the next bank failure will be in Japan."

(Bloomberg) -- Almost two-thirds of Americans considered middle class said they are facing economic hardship and don’t anticipate a change for the rest of their lives, according to a poll commissioned by the National True Cost of Living Coalition.

I never imagined that we would ever see a time when it takes $177,798 for a family of four to live comfortably in the United States. Unfortunately, that day has arrived. Our leaders have been pursuing highly inflationary policies for many years, and now we have reached a point where inflation is wildly out of control. In fact, the latest wholesale inflation figure that was released on Tuesday came in much higher than expected. Sadly, this is just the beginning and we are in far more trouble than most people realize.

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The International Monetary Fund leveled an unusually direct criticism at US policymakers Tuesday, saying the country’s recent standout performance among advanced economies was in part driven by an unsustainable fiscal policy.

Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a leading law firm.

Japan has unexpectedly fallen into a recession after its economy shrank for two quarters in a row.

Discussions on collapse often turn to signs and signals - The economy, politics and social tensions have become increasingly unstable for many years now, and much like adding more and more weight to a man standing on a frozen lake, eventually the ice is going to break. The question is, how do we know when that moment will be?

The global economy will slow in 2024 for the third straight year and appears headed for its weakest half-decade since the early 1990s, the World Bank will say Tuesday in its latest annual forecast.

The collapse of three US regional banks - First Republic Bank, Silicon Valley Bank, and Signature Bank - marked some of the largest failures in the banking system since 2008. Central banks contained the "mini-crisis" earlier this year with forced interventions and the mega-merger of Credit Suisse and UBS. Despite the interventions, global banks still axed the most jobs since the global financial crisis.

An economist who focuses on consumer spending has issued a dire warning about the U.S. economy in the coming year.

U.S. homelessness reached a record high in 2023, according to data the federal government released Friday.

The scary stats about Canadians' financial woes are relentless.