James Altucher knows a lot about being a student. A lifelong learner, he went to university to study computer science and later taught himself to be a successful investor and entrepreneur. In his investments, Altucher frequently manages to discover hidden aspects of a company or a sector and turn a tidy profit. Looking at the U.S. […]

The North Korean economy shrank 3.5 percent last year, according to a report released on Friday, July 20, by South Korea’s central bank. It was the biggest drop-off since 1997, when North Korea’s Gross Domestic Production (GDP) decreased sharply by 6.5 percent. In contrast, the economy of the democratically governed, South Korea grew by 3.1 […]

When the world economy is faring reasonably well—like at this moment, with growth at 3.5 percent—economists tend to concentrate on the bad news and hurry to predict the timing of the next recession. In May 2018, for example, about 80 percent of the economists surveyed by The Wall Street Journal predicted the world economy will be in […]

Typical economic cycles last about seven years. Since the 2008 financial crisis, we have seen continuous growth in the global economy. The International Monetary Fund (IMF) even forecasts global growth of 3.9 percent for this year and next. We would like to believe that these are realistic predictions and not wishful thinking, but economic forecasts […]

The consumer confidence index declined slightly in June, after a solid gain the previous month, according to nonprofit association The Conference Board. The index dropped to 126.4 this month from a revised 128.8 in May. “Consumers’ assessment of present-day conditions was relatively unchanged, suggesting that the level of economic growth remains strong,” stated Lynn Franco, […]

The United States has the biggest economy in the world, with $20.4 trillion of gross domestic product (GDP), but some states are greater contributors than others. In order to determine which states are pulling the most weight, the personal finance website WalletHub compared the 50 states and the District of Columbia based on their economic […]

Leaders of 15 major European corporations praised President Donald Trump’s tax reforms and pledged billions in new investments into the United States during a dinner with the president on Thursday local time at the World Economic Forum in Davos, Switzerland. Executives from companies including Siemens, Volvo, and Bayer announced upcoming investments into their U.S. markets, […]