On March 14, 2023, Euro Pacific Capital CEO Peter Schiff posted a tweet about Bitcoin that sparked a debate within the crypto community. Schiff tweeted that Bitcoin had surged by 20% after a long-awaited change in direction from the Federal Reserve, but he also pointed out that gold had only risen by 2.5%. Schiff went on to suggest that the fact that Bitcoin had experienced a larger increase did not mean that it was a better anti-inflation tool than gold.

Economist Nouriel Roubini paints a bleak future for a world facing ‘megathreats’ – including global economic meltdowns.

Advertisements are a scourge upon society, the environment, and ultimately ourselves. They are among the worst that capitalism has to offer. Why not get rid of them?

Falling prices are welcome news, but latest reading is still far higher than the Federal Reserve’s annual target rate of 2% inflation

A provision in the Inflation Reduction Act that allows Medicare to negotiate prices on the costliest prescription drugs each year will likely save the U.S. billions of dollars — as long as the drug industry doesn't interfere, according to a study published Friday in JAMA Health Forum. Beginning in 2026, Medicare will begin negotiating the price of 10 drugs that cost the federal government the most money, followed by 15 more drugs in 2027, another 15 drugs in 2028, and another 20 drugs in each subsequent year.

The Fed is putting people out of work to reduce workers’ bargaining power and reduce inflation. They’ve got it all wrong

How the cult of consumerism ushered in an era of badly made products.

Three FTSE 100 companies - HSBC Holdings, Unilever, and BP - have been named as members of a “dirty dozen” of high-profile multinationals still heavily

Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.

The trend to move back in with mom and dad is pushing up discretionary spending

A worldwide recession is just around the corner as central banks boost borrowing costs aggressively to tame inflation — and this time, it will ignite more market turbulence than ever before, according to BlackRock.

How’s the economy doing? Depends where you look. Seriously.

South Korea is facing a complex balancing act as it finds itself positioned in the middle of an intensifying tech war between the United States and its biggest semiconductor chip trading partner China. The South Korean government has reached a decision internally to join the US-led Chip 4 alliance, and is coordinating the right timing to announce it, an anonymous Korean government insider recently told local media.

Soaring corporate profits are being blamed for fuelling inflation, as figures show companies in Australia are enjoying sky-rocketing profits despite the pandemic.

Three business models embraced by firms born after the dotcom crash of 2001—and subsequently by investors—are losing steam: the movers (which shuttle people or things around cities), the streamers (which offer music and tv online) and the creepers (which make money by watching their users and selling eerily well-targeted ads).

A record number of people used food banks in Canada this year, with high inflation and low social assistance rates cited as key factors in the rise, according to a new report.

During a House of Representatives hearing on Wednesday, United States Congresswoman Katie Porter (D-California) grilled Mike Konczal, the director of Macroeconomic Analysis at the Roosevelt Institute, over the primary cause of inflation in the post-COVID-19 economy.

Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981, the Social Security Administration announced Thursday. The spike will boost retirees’ monthly payments by $146 to an estimated average of $1,827 for 2023.

A whopping 64% of residents in Silicon Valley are worried the region is on the wrong track.