Time Travel: Delta (767) in Economy From Honolulu to Salt Lake City

Review: Delta (767) in Economy From Honolulu to Salt Lake City Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]

Trump’s unusual Fed bashing raises the stakes of a policy blunder that damages the economy

Jacquelyn Martin/AP President Donald Trump is blaming the Federal Reserve for the stock market’s sell-off.  While it’s unusual for the US president to publicly bash the Fed, many investors agree that fears of higher interest rates are partly responsible for the volatility.  By pitting himself against the Fed, Trump is raising the stakes of a […]

The world economy looks dependent on booming America

IT HAS been a nervy few days for financial markets. A sell-off in bond markets, prompted by monetary tightening in America, this week infected global stockmarkets, too. The S&P 500 share-price index fell by over 3% on October 10th, its worst day in eight months. Markets in Shanghai hit their lowest level for nearly four […]

China inches towards stimulus as the economy slows

WHEN Wang Xianchen, a Chinese official in the early 1500s, tired of the scheming of imperial politics, he returned to his home in the southern city of Suzhou for a simpler life. He planted gnarled trees and built up rocky islets, creating what he called the “Humble Administrator’s Garden”, a fine place for tranquil contemplation. […]

Nigeria's Opposition Preys on President Buhari's Weakness: A Faltering Economy

Opposition candidates seeking to unseat Nigeria’s president, Muhammadu Buhari, are attacking his economic record and treatment of foreign investors as election season intensifies in Africa’s most populous country. Four members of Buhari’s own party who have defected to the opposition to challenge him are pitching themselves as more business-minded candidates who can jump-start a sluggish […]

Goldman Sachs is scaling back expectations for the buzzy 2-year-old service its new CEO is relying on, and it highlights a major concern with the economy (GS)

Getty Images. Goldman Sachs has cut loan origination targets for its consumer lending platform Marcus for 2019, according to a Bloomberg report. The pullback reflects the firm’s growing concerns about the consumer debt market, the report said. Marcus is a key part of Goldman CEO David Solomon’s growth plans for the bank.  Goldman Sachs is […]

Worries about the rise of the gig economy are mostly overblown

IT IS a warm morning on Bondi Beach. Simon and Sophia are drinking coffee on a terrace while athleisure-clad millennials stroll by. The young American couple, both management consultants, came to Sydney from New York for a working holiday. Both found work through Expert360, a platform that connects professionals with firms needing help with tasks. […]