Economy

North Korea Defector: Country's Economy Verging on Collapse
www.newsmax.com

North Korea ‘s economy may totally collapse in the next year if the United Nations follows through on tough sanctions against the pariah regime, a defector said on Monday.”I don’t know if North Korea will survive a year [under] sanctions. Many people will die,” Ri Jong Ho,…

11
Like
Save
Kudlow: Economy Will Flourish as More People 'Working, Prospering' 
www.newsmax.com

Economic guru Larry Kudlow advises savvy investors to look beyond the headline number of Friday’s jobs report.

6
Like
Save
Consumer Sentiment Cools as Storms Deliver Hit to Outlook
www.newsmax.com

Concern over the fallout from a pair of late-summer hurricanes caused U.S. consumer sentiment to dip in September, though Americans remain relatively optimistic about the direction of the economy, a University of Michigan survey showed Friday.Highlights of Michigan…

7
Like
Save
Jobless Claims Rise Slightly as Labor Market Tightens
www.newsmax.com

The number of Americans filing for unemployment benefits rose slightly last week, pointing to sustained labor market strength that should continue to support the economy.

9
Like
Save
Mexico Dusts-off 'Plan B' as Trump Revs up Threats to Kill NAFTA
www.newsmax.com

Mexico sees a serious risk the United States will withdraw from NAFTA and is planning for that eventuality, Economy Minister Ildefonso Guajardo said on Tuesday, calling talks to renegotiate the deal a “roller coaster” that could lead to an impasse. U.S. President Donald…

19
Like
Save
Yellen: Stronger Economy Only Needs 'Modest' Financial-Rule Tweaks
www.newsmax.com

Reforms put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth, and any future changes should remain modest, Federal Reserve Chair Janet Yellen said Friday in her fullest defense yet of the rules put in place after…

19
Like
Save