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Fox News Loses Nearly $1 Billion in Value after Firing Tucker Carlson

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Fox Corporation’s market value tumbled by almost 5% on Monday, erasing $930 million, after announcing that Tucker Carlson was leaving the network. Shares of the media company pared the losses slightly and were trading at $29.61, down almost 4% at noon eastern. The split between Carlson and Fox News comes just a week after the network settled a defamation lawsuit with Dominion Voting Systems for... 

Why Rothschild is Shifting From US Dollars to Gold, 'Other Currencies'

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The Western central bankers are conducting “the greatest experiment in monetary policy” history with consequences impossible to predict, Lord Rothschild writes, warning that the world is now in “uncharted waters.” Trouble is brewing for the global economy with the consequences impossible to predict, RIT Capital Partners Chairman Lord Rothschild warns in his semi-annual address... 

Markets plunge worldwide after biggest slide in Chinese stocks since 2007

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World stock markets plummeted on Monday as the Shanghai composite closed down 8.5%, marking the biggest slide in Chinese stocks since 2007. The brutal sell-off comes despite Beijing’s measures to arrest the decline. “This is a real disaster and it seems nothing can stop it,” Chen Gang, Shanghai-based chief investment officer at Heqitongyi Asset Management Co., told Bloomberg. “If we don’t... 

China's Economy Collapsing

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Banks made an additional 1.28 trillion yuan worth of loans to China in June. Things are not looking for for China. It seems like Beijing has averted a crisis as far as their stock markets are concerned with some heavy-handed intervention. But their corporate debt has already reached $ 16.1 trillion and is still rising. Their corporate debt is currently at 160% of their GDP and that is twice as much... 

United States stock markets plunge after Obama reelection

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US President Barack Obama US stock markets opened drastically lower on Wednesday following the reelection of President Barack Obama over fears of the looming fiscal cliff. The US stock market indices fell on opening bell with the Dow Jones Industrial Average dropping 1.84 percent to 13,002.50, the S&P 500 tumbling 1.88 percent to 1,401.59, and NASDAQ plunging 1.93 percent to 2,953.87. This comes... 
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