Nouriel Roubini Sees a Bad Recovery, Then Inflation, Then a Depression

Subscribe to Odd Lots (Spotify) Subscribe to Odd Lots (Apple Podcasts) Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics. ShareSubscribeCookie PolicySubscribe to Odd LotsKeep up to date by subscribing to this podcastShare Nouriel Roubini Sees A Bad Recovery, Then Inflation, Then A DepressionShare this episode with your friendsCookie PolicyThis player is hosted by Megaphone, a podcast […]

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Treasury’s $4 Trillion Funding Task Signals Record Auction Slate

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Treasury Secretary Steven Mnuchin is likely to boost the government’s quarterly round of debt auctions to unprecedented levels this week to finance a deficit that’s set to surpass estimates of $4 trillion for this […]

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Canada Bans More Than 1,500 Assault Weapons After Mass Shooting

Prime Minister Justin Trudeau said his government is banning more than 1,500 types of assault weapons after one of the deadliest mass shootings in Canada’s history. It will now be illegal to buy, sell, import or use the military-grade guns in the country, effective immediately, Trudeau told reporters in Ottawa. A 51-year-old man killed 22 people in a rampage in […]

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Top Aide to Boris Johnson Pushed Scientists to Back Lockdown

Boris Johnson’s most powerful political aide pressed the U.K.’s independent scientific advisers to recommend lockdown measures in an effort to stop the spread of coronavirus, according to people familiar with the matter. The government has confirmed that Dominic Cummings was an observer at some meetings of its Scientific Advisory Group for Emergencies (SAGE), the secretive body which gives specialized advice […]

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Ex-Pimco Chief Hodge Says Prosecutors Cheated in College Scandal

One of the most prominent parents sentenced to prison in the college admission scandal says new evidence shows the real cheaters were the prosecutors. Former Pimco chief Douglas Hodge asked for another delay in surrendering to federal prison to begin serving his sentence and says he plans to ask a judge to reduce his nine-month term because recent government disclosures […]

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Spain's poor suffer as economy recovers from crisis: U.N. poverty expert

MADRID (Reuters) – Spain is depriving its poor of basic rights, even as its businesses recover from the economic crisis, a U.N. poverty expert said on Friday. The country is facing housing problems of “stunning proportions” that are hitting people already struggling without jobs and sufficient benefits, said the U.N. Special Rapporteur on Extreme Poverty and Human Rights, Philip Alston […]

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Government plans fintech push to boost export sector

Senator Jane Hume has signalled the potential for new global agreements to propel Australian fintechs into new markets, acknowledging Australia's current agreement with the UK to encourage exports of Australian tech isn't being used to its full potential. "The 'fintech bridge' is probably under-utilised, particularly at the moment in the Australia-to-the-UK side of things," the Assistant Minister for Superannuation, Financial […]

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Government pays bureaucrats 32% more than private-sector workers earn

Is the national debt a real problem? Fisher Investment Founder Ken Fisher discusses why the national debt isn’t a serious concern. It’s a spending bonanza for state and local governments. Continue Reading Below Data shows they spend 32% more on their employees than private-sector firms. That’s according to June data from the Department of Labor that was released in September. […]

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