Page 27 - Nathan Sheets News Today

BEIJING (AP) — The U.S.-Chinese trade war isn’t going away under President Joe...

Hoover Institution senior fellow in economics John Taylor provides insight into how economic policy, the value of the U.S. dollar, regulations, taxes and U.S.-China relations will look while Janet Yellen is at the Treasury. When Jerome Powell succeeded Janet Yellen as Federal Reserve chief three years ago, he hosted a farewell dinner party for her at his home in Chevy Chase, Md. Back then, Ms. Yellen was passing the baton to Mr. Powell. Three years later, in many ways, he is passing a baton ba...

The greenback could fall as Joe Biden takes the keys to the White House

U.S. dollar is forecast to depreciate further in 2021 Nathan Sheets Money management economists and strategists expect to see plenty of activity in currency markets in 2021, forecasting a further depreciation of the U.S. dollar. The dollar lost ground against other major currencies in 2020, falling 8.22% vs. the euro, 2.98% vs. the pound sterling and 4.94% vs. the yen. While still a "relatively strong currency ... I think there is scope for further depreciation" of the dollar, said Nathan Sheet...

Economists expect COVID-19 to remain the dominant issue into 2021, with the future of global financial markets riding on success of vaccines.

The Straits Times Americas zombie companies rack up $2.6 trillion of debt More than 200 corporations have joined the ranks of so-called zombie firms since the onset of the pandemic.PHOTO: AFP PublishedDec 17, 2020, 7:26 am SGT https://str.sg/JaaV They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories a...

America’s Zombie Companies Rack Up $2 Trillion of Debt Bloomberg 12/16/2020 (Bloomberg) -- They were once America’s corporate titans. Beloved household names. Case studies in success. But now, they’re increasingly looking like something else -- zombies. And their numbers are swelling. From Boeing Co., Carnival Corp. and Delta Air Lines Inc. to Exxon Mobil Corp. and Macy’s Inc., many of the nation’s most iconic companies aren’t earning enough to cover their interest expenses (a key...

Operations, steven hall, says vladimir putin often taps local billionaires to back his operations, which the russian president claimed he wasnt involved in the scheme. >> all of these people can say, look, were not members of the russian intelligence services. were not members of the russian government. and to the western ear, that sounds right. but in truth, thats not really whats going on. you still have kremlin control over this very wide net that putin has cast. >> reporter: butinas lawyer h...