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Heightened apprehension and rethinking on the US dollar s role in the global economy are necessitated by factors endangering investor confidence, which prompted the search for alternative reserve currencies based on real assets. ....
In his pro debut. a record for a rookie. 42 points the most scored against the pats since bill belichick took over as coach 17 years ago. stunning in foxboro. this was not surprising commissioner roger goodell booed loudly by patriots fans when he stepped on to the field an hour before kickoff. goodell clown shirts seen in the background. let s check cnn money stream this friday morning. u.s. stock futures pointing lower. investors got a lot to process. the weakening dollar, threat of north korea, hurricanes, and mixed signals from the european central bank. all of that factoring into global stock markets right now. shares in europe lower, asian stock markets closed mixed. shares of equifax tanking 13% in premarket trading after the company disclosed a huge data breach that could affect 143 million of you. another 209,000 people, your credit card numbers were stolen. another 182,000 of you, if you were involved in credit disputes, that data was also ....
Here in chicago, we ve seen the housing market really pick up here in the last year. and like many.places, that has been helped by low interest rates for people looking for loans. but all of that could change if the government defaults because interest rates on home loans could spike or even worse, we could see another credit squeeze making it much harder to borrow. a default also means interest rates for credit cards and student loans wos spike, as well as payments from the government would the dry up. washington meet main street. we re outside of a local social security benefits administration office here in washington, d.c. could we be seeing worried recipients of those benefits show up at offices all across the country? roughly 5 million americans rely on benefits but treasury secretary jack lew says if the debt ceiling isn t raised, it could be a problem paying them. reporter: the ripples of a default would be far reaching. the global mark place feeling the effects of the we ....